Skip to content

TQQY

GradeFNASDAQ Global Select

GraniteShares YieldBOOST QQQ ETF

Option Income · GraniteShares · Inception 2025-02-26

$12.29−0.02 (−0.16%)

As of Sep 23, 2026, 2:01 PM EDT

History starts Feb 26, 2025.
Intraday session: down, 28 prints from 12.31 to 12.29. Range 12.29 to 12.31. Use the arrow keys to read each point.$12.29$12.30$12.30$12.3110 AM12 PM2 PM4 PM
Expense ratio
7.25%
Fund size
$6M
1Y return
+1.2%
Yield · Last 12 months
53.89%
Volume · 30D
0M sh
NAV per share
$12.30
52W range
low $12.06high $19.35

The ETF.net TQQY Grade

F

15/ 100

Rank 30 of 31 in Nasdaq-100 Option Income

Confidence High

Six-pillar profile for TQQY. Scores out of 100: Cost 0, Risk 6, Mission 20, Tradability 42, Holdings not scored, Durability 36. Strongest: Tradability (42). Weakest: Cost (0). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 15 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 0
    Category rank31/31 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 20
    Category rank18/19 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 6
    Category rank30/30 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 42
    Category rank18/31 · 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 36
    Category rank28/31 · bottom quartile

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

Our read on TQQY

ETF.net Research

FMost Nasdaq-100 income funds sell calls on the index. TQQY pushes a step further out: it writes put options on 3x leveraged Nasdaq-100 ETFs to harvest fatter premiums, with upside capped and the leveraged fund's swings still flowing through.

Stated mandate

The fund seeks income primarily by selling put options on leveraged ETFs tracking the 3x Long QQQ Daily ETF, while also seeking capped exposure to that leveraged ETF's performance.

Why people hold it

  1. 01Rather than selling calls on the index, it writes puts on 3x leveraged Nasdaq-100 ETFs, targeting three times the option income a plain Nasdaq-100 option seller collects.graniteshares.com
  2. 02Premium collection is the whole job. Option income is designed to go out the door to shareholders on a recurring schedule rather than being reinvested.graniteshares.com
  3. 03It is an ordinary 1940 Act ETF ticker, so you get a put-writing program without an options-approved margin account or rolling contracts yourself.graniteshares.com

Worth knowing

  1. 01The 7.25% expense ratio sits far above the rest of the Nasdaq-100 options-income group, where funds like JEPQ, GPIQ and QYLG charge well under 1%.
  2. 02Writing puts on a 3x fund cuts both ways: gains stop at the premium and strike level, while sharp drops in the leveraged ETF come through amplified.graniteshares.com
  3. 03A 2025 launch that remains small and lightly traded, which can mean wider bid-ask spreads than the category's household names.

TQQY Holdings

As of Sep 21, 2026, 4:08 AM
Asset class
Other
Holdings
Top-10 weight
100%
Largest holding
US Dollars51.8%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001US Dollars51.80%2,858,162$3M85
002US TBill 02/04/202732.12%1,800,000$2M26
003US TBill 10/22/202616.25%900,000$897K31
0042TQQQ 09/23/2026 P61.140.09%510$5K1
0052TQQQ 09/21/2026 P62.34<0.01%100$5481
0062TQQQ 09/18/2026 P63.88<0.01%230$4661

Showing 1–6 of 6 holdings

TQQY Performance

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

TQQY$10,123
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. TQQY $10,123. SPY $11,723. Use the arrow keys to read each point.$8,268$10,144$12,020Sep 2025Mar 2026Sep 2026

Sep 22, 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 TQQY. Periods over one year show the average yearly return.
PeriodTQQY
Year to date+7.3%
1 month+2.7%
3 months+1.7%
1 year+1.2%
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 TQQY
YearReturn barTQQY
2026 YTD+7.3%
2025−4.6%

Since listing, Feb 26, 2025

TQQY in the news

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

TQQY 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.
53.89%Last 12 months
Payout per share
$6.63Last 12 months
Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Weekly

Distribution history

2026

One bar per payment. 38 payments in 2026 YTD. Jan 2, 2026 $0.15; Jan 9, 2026 $0.15; Jan 16, 2026 $0.15; Jan 23, 2026 $0.14; Jan 30, 2026 $0.15; Feb 6, 2026 $0.14; Feb 13, 2026 $0.14; Feb 20, 2026 $0.14; Feb 27, 2026 $0.14; Mar 6, 2026 $0.14; Mar 13, 2026 $0.13; Mar 20, 2026 $0.13; Mar 27, 2026 $0.13; Apr 2, 2026 $0.12; Apr 10, 2026 $0.13; Apr 17, 2026 $0.13; Apr 24, 2026 $0.13; May 1, 2026 $0.13; May 8, 2026 $0.13; May 15, 2026 $0.13; May 22, 2026 $0.12; May 29, 2026 $0.11; Jun 5, 2026 $0.10; Jun 12, 2026 $0.10; Jun 18, 2026 $0.10; Jun 26, 2026 $0.10; Jul 2, 2026 $0.10; Jul 10, 2026 $0.10; Jul 17, 2026 $0.10; Jul 24, 2026 $0.09; Jul 31, 2026 $0.08; Aug 7, 2026 $0.08; Aug 14, 2026 $0.07; Aug 21, 2026 $0.06; Aug 28, 2026 $0.06; Sep 4, 2026 $0.06; Sep 11, 2026 $0.06; Sep 18, 2026 $0.06. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.06
Sep 11, 2026Sep 15, 2026$0.06
Sep 4, 2026Sep 9, 2026$0.06
Aug 28, 2026Sep 1, 2026$0.06
Aug 21, 2026Aug 25, 2026$0.06
Aug 14, 2026Aug 18, 2026$0.07
Aug 7, 2026Aug 11, 2026$0.08
Jul 31, 2026Aug 4, 2026$0.08
Jul 24, 2026Jul 28, 2026$0.09
Jul 17, 2026Jul 21, 2026$0.10
Jul 10, 2026Jul 14, 2026$0.10
Jul 2, 2026Jul 7, 2026$0.10

TQQY Risk

How much the fund’s monthly returns vary, scaled to a year.
23.4%
Annualised · 18 months to Aug 2026
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.
−0.01
vs 3-month T-bills · 18 months to Aug 2026
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.
−25.1%
18 months · trough Apr 2025
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.
1.51
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.

TQQY Cost

Expense ratio7.25%
  • The middle half of Nasdaq-100 Option Income funds
  • Median 0.74%

Every other Nasdaq-100 Option Income fund charges less.

TQQY costs $725.00 a year on $10,000. The median Nasdaq-100 Option Income fund costs $74.00.