GraniteShares YieldBOOST SMCI ETF
CThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$5.65−0.03 (−0.53%)
- 1.07%
- $6M
- −32.9%
- 227.12%
- 0M sh
- $5.68
- low $5.66high $26.66
The ETF.net SMYY Grade
C
Score 41 out of 100
- 40 of 72
Score 41 of 100 falls in the C 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.D34 out of 100Rank 37 of 72Mission
Whether the fund did what it promised, tested against its stated mandate.C47 out of 100Rank 38 of 49Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D36 out of 100Rank 44 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 37 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.C48 out of 100Rank 48 of 72
Our read on SMYY
CMost single-stock income funds sell calls on the stock. SMYY flips it: the income comes from selling put options on a 2x leveraged SMCI ETF, and the cash goes out monthly.
The Fund seeks income primarily by selling put options on leveraged ETFs designed to deliver twice the daily performance of SMCI. It also seeks capped exposure to the performance of that leveraged ETF.
Why people hold it
- A different engine than the covered-call crowd: premiums are harvested by selling puts on a 2x SMCI ETF, where leverage inflates option pricing.graniteshares.com
- Income is paid on a monthly cadence, not quarterly.
- The 1.07% fee sits right at the median for single-stock option-income funds, so the exotic plumbing carries no premium price tag.
- Rates in the upper half of a crowded single-stock overlay peer group on our review.
Worth knowing
- The shape is lopsided by design: exposure to the leveraged ETF is capped on the way up, while drawdowns pass through.
- Everything rides on one volatile AI-server maker, viewed through a 2x daily-reset ETF that compounds sharp moves.
- A 2025 launch with a small asset base and light trading, which tends to mean wider bid-ask spreads than household-name ETFs.
SMYY Holdings
- Other
- 6
- 114%
- US TBill 10/22/2026
SMYY 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.
SMYY$6,709
Returns run to the Oct 12, 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 | SMYY |
|---|---|
| Year to date | −2.4% |
| 1 month | −1.7% |
| 3 months | 0.0% |
| 1 year | −32.9% |
| 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 | SMYY |
|---|---|---|
| 2026 YTD | −2.4% | |
| 2025 | −27.5% |
SMYY in the news
SMYY Dividends
- 227.12%
- $12.90
- $0.09 per share
- Weekly
Distribution history
SMYY Risk
- 27.2%
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.
- −1.21
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.
- −38.4%
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.
- 1.06
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SMYY Cost
1.07%
SMYY1.07%
- The middle half of Single-Stock Option Income funds
- Median 1.07%
35 of the 71 Single-Stock Option Income funds charge less.
Other funds in Single-Stock Option Income
- CCOYYGraniteShares YieldBOOST COIN ETFExpense ratio 1.07%1 year return −58.5%
- CXOMOYieldMax XOM Option Income Strategy ETFExpense ratio 1.17%1 year return +36.8%
- CAHDGraniteShares Autocallable HOOD ETFExpense ratio 1.07%1 year return —
- CBBYYGraniteShares YieldBOOST BABA ETFExpense ratio 1.07%1 year return —
- CCRYGraniteShares YieldBOOST CRCL ETFExpense ratio 1.07%1 year return —