GraniteShares YieldBOOST NVDA ETF
DThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
The ETF.net NVYY Grade
D
Score 38 out of 100
- 8 of 8
Score 38 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F22 out of 100Rank 7 of 8Mission
Whether the fund did what it promised, tested against its stated mandate.D37 out of 100Rank 6 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 3 of 8Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C46 out of 100Rank 6 of 8Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 5 of 8
Our read on NVYY
In short
DEvery other NVDA fund on this shelf chases the stock's daily move. NVYY goes the other way: it sells put options on a 2x NVDA ETF and keeps the premium, converting that leverage's volatility into an income stream.
Stated mandate
The fund seeks current income through options strategies, primarily selling put options on leveraged ETFs that track a 2x Long NVDA Daily ETF.
Why people hold it
Worth knowing
NVYY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
NVYY$8,760
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NVYY |
|---|---|
| Year to date | −5.1% |
| 1 month | −5.8% |
| 3 months | −6.9% |
| 1 year | −12.4% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NVYY |
|---|---|---|
| 2026 YTD | −5.1% | |
| 2025 | +31.8% |
NVYY in the news
NVYY Dividends
- 112.29%
- $11.63
- $0.06 per share
- Weekly
NVYY Risk
- 20.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.61
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −14.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.77
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
NVYY Cost
Overpaying vs NVC, cheapest in 2x Long Nvidia (NVDA)
$16,765
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
NVYY 1.14%
$20,920
NVC 0.20% Cheapest
$4,155
Cost over time
Year by year
| Year | NVYY | NVC | Overpaying |
|---|---|---|---|
| 10 | $1,998 | $365 | $1,633 |
| 20 | $7,462 | $1,421 | $6,041 |
| 30 | $20,920 | $4,155 | $16,765 |
You pay 1.14%Waived by GraniteShares 0.02%
Full fee 1.16% waiver 0.02% you pay 1.14%
Other funds in 2x Long Nvidia (NVDA)
- BNVDGLeverage Shares 2X Long NVDA Daily ETFExpense ratio 0.76%1 year return −21.6%
- BNVDXT-REX 2X Long NVIDIA Daily Target ETFExpense ratio 1.05%1 year return −23.4%
- CNVDLGraniteShares 2x Long NVDA Daily ETFExpense ratio 1.64%1 year return −19.5%
- CNVCCorgi NVDA 2x Daily ETFExpense ratio 0.20%1 year return
- CNVDBProShares Ultra NVDAExpense ratio 0.95%1 year return −21.1%
