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TECY

GradeFNASDAQ Global Market

GraniteShares YieldBOOST Technology ETF

Option Income · GraniteShares · Inception 2026-05-05

$21.11−0.03 (−0.12%)

As of Sep 23, 2026, 12:50 PM EDT

History starts May 5, 2026.History starts May 5, 2026.History starts May 5, 2026.
Intraday session: down, 12 prints from 21.13 to 21.11. Range 21.09 to 21.14. Use the arrow keys to read each point.$21.10$21.12$21.1410 AM12 PM2 PM4 PM
Expense ratio
1.07%
Fund size
$1M
1Y return
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$21.08
52W range
low $20.98high $25.38

The ETF.net TECY Grade

F

21/ 100

Rank 21 of 22 in Sector Option Income

Confidence Medium

Six-pillar profile for TECY. Scores out of 100: Cost 5, Risk 43, Mission not scored, Tradability 37, Holdings not scored, Durability 10. Strongest: Risk (43). Weakest: Cost (5). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 21 of 100 sits in the F 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 earned21This cap took0Published score21 Grade F
  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 5
    Category rank22/22 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 43
    Category rank13/22 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 37
    Category rank17/22 · 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.
    FScore 10
    Category rank22/22 · bottom quartile

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on TECY

ETF.net Research

FTECY owns no tech stocks. It sells put spreads on a 3x leveraged tech ETF, harvesting the fat premiums leverage creates, aiming for triple the option income of the plain sector index. Upside is capped by design.

Stated mandate

TECY seeks income from options strategies, mainly by selling puts on leveraged ETFs that track the 3x Long Technology Daily ETF.

Why people hold it

  1. 01The engine: options on a 3x leveraged tech ETF carry far richer premiums, so the fund targets 3x the income of writing options on the Technology Select Sector Index itself.graniteshares.com
  2. 02The leverage sits in the ETF whose options it sells, not in TECY's own book. The fund itself does not borrow or lever its portfolio.graniteshares.com
  3. 03A floor is built into the trade: sell a near-the-money put, buy a further out-of-the-money put. The short leg's loss is bounded, not open-ended.graniteshares.com
  4. 04Runs an options-desk strategy inside a fund wrapper and pays the premium out on a recurring schedule rather than reinvesting it.graniteshares.com

Worth knowing

  1. 01Costs 1.07% a year, about triple the 0.35% median for sector options-income funds and the 0.35% State Street charges on XLVI and XLUI.
  2. 02Gains are capped: the secondary objective is leveraged-ETF exposure subject to a cap, so a big tech run is only partly captured while drawdowns reference a 3x product.graniteshares.com
  3. 03Launched in 2026 with a small asset base and light trading, so spreads can run wider than in the established sector income funds.

TECY Holdings

As of Sep 21, 2026, 4:08 AM
Asset class
Other
Holdings
Top-10 weight
100%
Largest holding
US Dollars68.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001US Dollars68.68%866,105$866K85
002US TBill 10/22/202631.60%400,000$399K31
0032TECL 09/21/2026 P174.600.16%60$2K1
0042TECL 09/23/2026 P174.460.05%10$6541

Showing 1–4 of 4 holdings

TECY Performance

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

TECY$10,003
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. TECY $10,003. SPY $10,415. Use the arrow keys to read each point.$9,399$9,963$10,528Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 TECY. Periods over one year show the average yearly return.
PeriodTECY
Year to dateFund launched this year
1 month+1.9%
3 months+0.0%
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 TECY
YearReturn barTECY
2026 YTD+1.2%

Since listing, May 5, 2026

TECY in the news

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

TECY 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
$0.16 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. 20 payments in 2026 YTD. May 8, 2026 $0.24; May 15, 2026 $0.24; May 22, 2026 $0.23; May 29, 2026 $0.24; Jun 5, 2026 $0.24; Jun 12, 2026 $0.23; Jun 18, 2026 $0.22; Jun 26, 2026 $0.23; Jul 2, 2026 $0.21; Jul 10, 2026 $0.21; Jul 17, 2026 $0.22; Jul 24, 2026 $0.21; Jul 31, 2026 $0.20; Aug 7, 2026 $0.21; Aug 14, 2026 $0.22; Aug 21, 2026 $0.20; Aug 28, 2026 $0.21; Sep 4, 2026 $0.20; Sep 11, 2026 $0.17; Sep 18, 2026 $0.16. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.16
Sep 11, 2026Sep 15, 2026$0.17
Sep 4, 2026Sep 9, 2026$0.20
Aug 28, 2026Sep 1, 2026$0.21
Aug 21, 2026Aug 25, 2026$0.20
Aug 14, 2026Aug 18, 2026$0.22
Aug 7, 2026Aug 11, 2026$0.21
Jul 31, 2026Aug 4, 2026$0.20
Jul 24, 2026Jul 28, 2026$0.21
Jul 17, 2026Jul 21, 2026$0.22
Jul 10, 2026Jul 14, 2026$0.21
Jul 2, 2026Jul 7, 2026$0.21

TECY Risk

How much the fund’s monthly returns vary, scaled to a year.
Launched May 2026; 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 May 2026; 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 May 2026; 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.
0.85
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.

TECY Cost

Expense ratio1.07%
  • The middle half of Sector Option Income funds
  • Median 0.47%

19 of the 22 Sector Option Income funds charge less.

TECY costs $107.00 a year on $10,000. The median Sector Option Income fund costs $47.50.