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PLYY

GradeDNASDAQ Global Select

GraniteShares YieldBOOST PLTR ETF

Single-stock strategy · Single-Stock Leveraged · GraniteShares · Inception 2025-09-23

This fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.

$8.15−0.01 (−0.06%)

As of Sep 24, 2026, 3:04 PM EDT

History starts Sep 23, 2025.
Intraday session: down, 24 prints from 8.16 to 8.15. Range 8.12 to 8.17. Use the arrow keys to read each point.$8.12$8.14$8.1610 AM12 PM2 PM4 PM
Expense ratio
1.07%
Fund size
$2M
1Y return
−28.0%
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$8.15
52W range
low $8.01high $25.71

The ETF.net PLYY Grade

D

30/ 100

Rank 7 of 7 in 2x Long Palantir (PLTR)⁠

Confidence Medium

Six-pillar profile for PLYY. Scores out of 100: Cost 21, Risk 58, Mission 20, Tradability 38, Holdings not scored, Durability 32. Strongest: Risk (58). Weakest: Mission (20). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 30 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned30This cap took−0Published score30 Grade D
  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 21
    Category rank7/7 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 20
    Category rank6/6 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 58
    Category rank3/7 · top 43%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 38
    Category rank6/7 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 32
    Category rank6/7 · bottom quartile

Graded as of Sep 23, 2026 · Based on 5 of 6 pillars

Our read on PLYY

ETF.net Research

DMost PLTR funds chase the stock's move. PLYY goes sideways: it sells put options tied to 2x long PLTR exposure and pays the premium out monthly. Income first, with the downside of a leveraged Palantir bet still in the seat.

Stated mandate

The Fund seeks current income through options strategies, primarily selling put options on leveraged ETFs tracking a 2x long PLTR exposure.

Why people hold it

  1. 01The income angle in a cohort built for amplified upside: PLYY sells puts on 2x long PLTR exposure and distributes on a monthly schedule.graniteshares.com
  2. 02One ticker does the options work. No margin account, no contracts to roll, no assignment to manage.graniteshares.com
  3. 03At 1.07%, it costs about what the straight 2x PLTR funds do (cohort median 1.04%), so the options overlay isn't priced at a premium.
  4. 04Run by GraniteShares, which also operates the 2x long PLTR fund (PTIR) the strategy is built around, so the underlying exposure is in-house.graniteshares.com

Worth knowing

  1. 01Selling puts swaps upside for premium. If Palantir rips, you collect option income rather than the run, while the downside of 2x exposure still comes through.
  2. 02Launched in 2025, and smaller and less traded than the flagship leveraged PLTR funds, so spreads can be wider. Limit orders matter here.
  3. 03Premiums rise and fall with Palantir's volatility, so the monthly payout is variable by design rather than a fixed coupon.

PLYY Holdings

As of Sep 21, 2026, 4:08 AM
Asset class
Other
Holdings
—
Top-10 weight
102%
Largest holding
US TBill 10/22/202644.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—US TBill 10/22/202644.16%1,000,000$996K31
002—US Dollars30.57%689,735$690K85
003—US TBill 02/04/202726.18%600,000$591K26
004—2PTIR 09/23/2026 P16.570.76%1,000$17K1
005—2PTIR 09/18/2026 P15.260.00%350$01

Showing 1–5 of 5 holdings

PLYY Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PLYY$7,197
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,702
Sep 23, 2025 to Sep 23, 2026. PLYY $7,197. SPY $11,702. Use the arrow keys to read each point.$6,324$9,279$12,234Sep 2025Mar 2026Sep 2026

Sep 23, 2025 – Sep 23, 2026

Returns run to the Sep 23, 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.

Trailing total return for PLYY. Periods over one year show the average yearly return.
PeriodPLYY
Year to date−25.5%
1 month−0.6%
3 months+5.1%
1 year−28.0%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PLYY
YearReturn barPLYY
2026 YTD−25.5%
2025−3.4%

Since listing, Sep 23, 2025

PLYY in the news

ETF.net Research hasn’t filed on PLYY yet — coverage lands here as it’s written.

PLYY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 23, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.09 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Weekly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 38 payments in 2026 YTD. Jan 2, 2026 $0.35; Jan 9, 2026 $0.34; Jan 16, 2026 $0.34; Jan 23, 2026 $0.32; Jan 30, 2026 $0.30; Feb 6, 2026 $0.28; Feb 13, 2026 $0.27; Feb 20, 2026 $0.25; Feb 27, 2026 $0.26; Mar 6, 2026 $0.21; Mar 13, 2026 $0.20; Mar 20, 2026 $0.20; Mar 27, 2026 $0.20; Apr 2, 2026 $0.19; Apr 10, 2026 $0.18; Apr 17, 2026 $0.18; Apr 24, 2026 $0.17; May 1, 2026 $0.17; May 8, 2026 $0.16; May 15, 2026 $0.15; May 22, 2026 $0.12; May 29, 2026 $0.10; Jun 5, 2026 $0.10; Jun 12, 2026 $0.10; Jun 18, 2026 $0.10; Jun 26, 2026 $0.09; Jul 2, 2026 $0.09; Jul 10, 2026 $0.09; Jul 17, 2026 $0.09; Jul 24, 2026 $0.09; Jul 31, 2026 $0.09; Aug 7, 2026 $0.09; Aug 14, 2026 $0.09; Aug 21, 2026 $0.09; Aug 28, 2026 $0.09; Sep 4, 2026 $0.09; Sep 11, 2026 $0.08; Sep 18, 2026 $0.09. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.09
Sep 11, 2026Sep 15, 2026$0.08
Sep 4, 2026Sep 9, 2026$0.09
Aug 28, 2026Sep 1, 2026$0.09
Aug 21, 2026Aug 25, 2026$0.09
Aug 14, 2026Aug 18, 2026$0.09
Aug 7, 2026Aug 11, 2026$0.09
Jul 31, 2026Aug 4, 2026$0.09
Jul 24, 2026Jul 28, 2026$0.09
Jul 17, 2026Jul 21, 2026$0.09
Jul 10, 2026Jul 14, 2026$0.09
Jul 2, 2026Jul 7, 2026$0.09

PLYY Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
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.

The largest fall from a peak to the low that followed.
−39.5%
12 months · trough Jun 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.0008
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

PLYY Cost

Expense ratio1.07%
  • The middle half of 2x Long Palantir (PLTR) funds
  • Median 0.99%

5 of the 7 2x Long Palantir (PLTR) funds charge less.

PLYY costs $107.00 a year on $10,000. The median 2x Long Palantir (PLTR) fund costs $99.00.