GraniteShares YieldBoost QBTS 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 QBY Grade
D
Score 39 out of 100
- 54 of 72
Score 39 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.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 39
- This cap took
- 0
- Published Score
- 39
Cost
The fund’s net expense ratio, ranked against its category.F19 out of 100Rank 49 of 72Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 4 of 50Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D28 out of 100Rank 54 of 70Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 51 of 72Holdings
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.D28 out of 100Rank 65 of 72
Our read on QBY
In short
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
Worth knowing
QBY 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.Not enough history yet.
QBY$5,659
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 | QBY |
|---|---|
| Year to date | −43.4% |
| 1 month | −10.2% |
| 3 months | −14.2% |
| 1 year | |
| 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 | QBY |
|---|---|---|
| 2026 YTD | −43.4% | |
| 2025 | −8.9% |
QBY in the news
QBY Dividends
- $0.07 per share
- Weekly
Distribution data unavailable.
QBY Risk
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.
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.
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.
- 0.93
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.
QBY Cost
Overpaying vs KWIN, cheapest in Single-Stock Option Income
$11,378
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
QBY 1.18%
$21,543
KWIN 0.51% Cheapest
$10,165
Cost over time
Year by year
| Year | QBY | KWIN | Overpaying |
|---|---|---|---|
| 10 | $2,065 | $918 | $1,147 |
| 20 | $7,697 | $3,527 | $4,170 |
| 30 | $21,543 | $10,165 | $11,378 |
You pay 1.18%Waived by GraniteShares 3.07%
Full fee 4.25% waiver 3.07% you pay 1.18%
Other funds in Single-Stock Option Income
- DAMYYGraniteShares YieldBOOST AMD ETFExpense ratio 1.18%1 year return +9.1%
- DMAAYGraniteShares YieldBOOST MARA ETFExpense ratio 1.18%1 year return
- DRGYYGraniteShares YieldBoost RGTI ETFExpense ratio 1.18%1 year return
- DCRYGraniteShares YieldBOOST CRCL ETFExpense ratio 1.18%1 year return
- DPYPYYieldMax PYPL Option Income Strategy ETFExpense ratio 1.31%1 year return −18.1%
