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QBY

GradeDNASDAQ Global Market

GraniteShares YieldBoost QBTS ETF

Single-stock strategy · Option Income · GraniteShares · Inception 2025-11-25

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

$5.71−0.02 (−0.35%)

As of Sep 23, 2026, 3:04 PM EDT

History starts Nov 25, 2025.History starts Nov 25, 2025.
Intraday session: down, 34 prints from 5.73 to 5.71. Range 5.69 to 5.76. Use the arrow keys to read each point.$5.70$5.72$5.74$5.7610 AM12 PM2 PM4 PM
Expense ratio
1.07%
Fund size
$2M
1Y return
Yield · Last 12 months
Data unavailable
Holdings
3
Volume · 30D
0M sh
NAV per share
$5.73
52W range
low $5.61high $23.63

The ETF.net QBY Grade

D

31/ 100

Rank 61 of 72 in Single-Stock Option Income

Confidence High

Six-pillar profile for QBY. Scores out of 100: Cost 34, Risk 29, Mission 20, Tradability 47, Holdings not scored, Durability 33. Strongest: Tradability (47). Weakest: Mission (20). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 31 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 earned31This cap took0Published score31 Grade D
  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 34
    Category rank54/72 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 20
    Category rank47/49 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 29
    Category rank49/65 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 47
    Category rank47/72 · mid-pack
  • 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 33
    Category rank64/72 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on QBY

ETF.net Research

DQBY never touches QBTS itself. It sells put options on a 2x leveraged ETF tied to the stock, converting that amplified swing into monthly income. A derivative on a derivative, wired for premium collection rather than upside.

Stated mandate

The fund seeks to generate income through options strategies, primarily by selling put options on leveraged ETFs tracking the 2x Long QBTS Daily ETF.

Why people hold it

  1. 01The engine is simple: sell puts on a 2x QBTS ETF, collect the premium, distribute monthly. Leverage makes those options expensive, which is exactly the point.graniteshares.com
  2. 02The 1.07% fee sits right at the middle of the single-stock options-income pack. The exotic plumbing doesn't cost extra.
  3. 03Put writing gives the position a defined shape: income from premiums, not a leveraged long ride on the reference stock.

Worth knowing

  1. 01Selling puts caps the payoff at the premium collected, while short exposure tied to a 2x fund means declines land magnified.
  2. 02A late-2025 launch that is still small and thinly traded, so spreads can be wide and there is little history to judge it by.
  3. 03Payments come monthly but vary: premium income rises and falls with volatility in the options it sells.

QBY Holdings

As of Sep 21, 2026, 4:08 AM
Asset class
Other
Holdings
3
Top-10 weight
101%
Largest holding
US TBill 02/04/202738.5%

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001US TBill 02/04/202738.47%800,000$788K26
002US Dollars32.76%670,712$671K85
003US TBill 10/22/202629.20%600,000$598K31
0042QBTX 09/23/2026 P5.030.30%1,580$6K1
0052QBTX 09/21/2026 P5.400.17%820$3K1
0062QBTX 09/18/2026 P5.40<0.01%1,340$561

Showing 1–6 of 6 holdings

QBY Performance

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

QBY$6,290
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. QBY $6,290. SPY $11,430. Use the arrow keys to read each point.$5,697$8,796$11,895Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 QBY. Periods over one year show the average yearly return.
PeriodQBY
Year to date−37.1%
1 month−5.3%
3 months−14.4%
1 yearFund is under 1 year old
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper 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 QBY
YearReturn barQBY
2026 YTD−37.1%
2025−8.9%

Since listing, Nov 25, 2025

QBY in the news

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

QBY 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 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.08 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 $0.51; Jan 9, 2026 $0.51; Jan 16, 2026 $0.48; Jan 23, 2026 $0.42; Jan 30, 2026 $0.40; Feb 6, 2026 $0.35; Feb 13, 2026 $0.33; Feb 20, 2026 $0.31; Feb 27, 2026 $0.31; Mar 6, 2026 $0.22; Mar 13, 2026 $0.22; Mar 20, 2026 $0.20; Mar 27, 2026 $0.19; Apr 2, 2026 $0.19; Apr 10, 2026 $0.18; Apr 17, 2026 $0.18; Apr 24, 2026 $0.19; May 1, 2026 $0.18; May 8, 2026 $0.18; May 15, 2026 $0.17; May 22, 2026 $0.17; May 29, 2026 $0.17; Jun 5, 2026 $0.17; Jun 12, 2026 $0.16; Jun 18, 2026 $0.16; Jun 26, 2026 $0.15; Jul 2, 2026 $0.15; Jul 10, 2026 $0.15; Jul 17, 2026 $0.14; Jul 24, 2026 $0.11; Jul 31, 2026 $0.11; Aug 7, 2026 $0.11; Aug 14, 2026 $0.10; Aug 21, 2026 $0.11; Aug 28, 2026 $0.10; Sep 4, 2026 $0.08; Sep 11, 2026 $0.08; Sep 18, 2026 $0.08. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.08
Sep 11, 2026Sep 15, 2026$0.08
Sep 4, 2026Sep 9, 2026$0.08
Aug 28, 2026Sep 1, 2026$0.10
Aug 21, 2026Aug 25, 2026$0.11
Aug 14, 2026Aug 18, 2026$0.10
Aug 7, 2026Aug 11, 2026$0.11
Jul 31, 2026Aug 4, 2026$0.11
Jul 24, 2026Jul 28, 2026$0.11
Jul 17, 2026Jul 21, 2026$0.14
Jul 10, 2026Jul 14, 2026$0.15
Jul 2, 2026Jul 7, 2026$0.15

QBY Risk

How much the fund’s monthly returns vary, scaled to a year.
Launched Nov 2025; fills in after 12 months
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.
Launched Nov 2025; fills in after 12 months
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.
Launched Nov 2025; fills in after 12 months
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.
0.93
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.

QBY Cost

Expense ratio1.07%
  • The middle half of Single-Stock Option Income funds
  • Median 1.07%

35 of the 71 Single-Stock Option Income funds charge less.

QBY costs $107.00 a year on $10,000. The median Single-Stock Option Income fund costs $107.00.