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TSYY

GradeCNASDAQ Global Market

GraniteShares YieldBOOST TSLA ETF

Single-stock strategy · Option Income · GraniteShares · Inception 2024-12-18 · SEC filings

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

$20.52+0.03 (+0.15%)

As of Sep 23, 2026, 2:16 PM EDT

History starts Dec 18, 2024.
Intraday session: up, 53 prints from 20.49 to 20.52. Range 20.49 to 20.56. Use the arrow keys to read each point.$20.50$20.54$20.5610 AM12 PM2 PM4 PM
Expense ratio
3.11%
Fund size
$62M
1Y return
−20.5%
Yield · Last 12 months
189.63%
Volume · 30D
0.1M sh
NAV per share
$20.46
52W range
low $19.90high $70.08

The ETF.net TSYY Grade

C

40/ 100

Rank 4 of 9 in Tesla (TSLA) Option Income

Confidence Medium

Six-pillar profile for TSYY. Scores out of 100: Cost 6, Risk 36, Mission 53, Tradability 83, Holdings not scored, Durability 73. Strongest: Tradability (83). Weakest: Cost (6). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C 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 6
    Category rank9/9 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    CScore 53
    Category rank5/5 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 36
    Category rank5/8 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 83
    Category rank1/9 · top 11%
  • 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.
    AScore 73
    Category rank2/9 · top 22%

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

Our read on TSYY

ETF.net Research

CMost TSLA income funds sell options on Tesla itself. TSYY goes one layer up, writing puts on 2x leveraged TSLA ETFs to target double the premium, with a cap on upside and bought puts to limit the downside.

Stated mandate

The fund seeks current income by selling options on leveraged ETFs designed to deliver twice the daily performance of Tesla Inc., while also seeking capped exposure to those ETFs.

Why people hold it

  1. 01The twist: it sells puts on the 2x Long TSLA ETF rather than on TSLA, aiming for twice the option income of a plain Tesla put-writing fund.graniteshares.com
  2. 02Not a naked put book. The fund also buys puts on the same leveraged ETFs, so the downside on its written options is defined rather than open-ended.graniteshares.comgraniteshares.com
  3. 03For a niche single-stock income product, it changes hands at a moderate clip, which helps when you need to get in or out without wide spreads.

Worth knowing

  1. 01Costliest seat in the room: 3.11% all-in versus roughly 1.07% for the typical TSLA options-income fund.
  2. 02Upside is capped by design, while the exposure sits in a 2x vehicle that resets daily. The premium collected does not offset a sustained slide in the underlying.graniteshares.com
  3. 03Launched December 2024, so the track record is short, and it sits in the lower half of its TSLA income peer group next to cheaper names like TSLY and TSII.

TSYY Holdings

As of Sep 21, 2026, 4:09 AM
Asset class
Other
Holdings
Top-10 weight
101%
Largest holding
US Dollars43.7%

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001US Dollars43.68%27,049,844$27M85
002US TBill 10/22/202632.98%20,500,000$20M31
003US TBill 02/04/202723.84%15,000,000$15M26
0042TSLR 09/21/2026 P14.330.10%11,740$62K1
0052TSLL 09/21/2026 P8.430.08%27,210$51K1
0062TSLL 09/23/2026 P8.380.07%9,430$44K1
0072TSLL 09/18/2026 P8.740.01%12,650$7K1

Showing 1–7 of 7 holdings

TSYY Performance

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

TSYY$7,951
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. TSYY $7,951. SPY $11,723. Use the arrow keys to read each point.$6,889$9,506$12,123Sep 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 TSYY. Periods over one year show the average yearly return.
PeriodTSYY
Year to date−17.1%
1 month+3.9%
3 months−2.4%
1 year−20.5%
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 TSYY
YearReturn barTSYY
2026 YTD−17.1%
2025−15.8%
2024−0.2%

Since listing, Dec 18, 2024

TSYY in the news

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

TSYY 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.
189.63%Last 12 months
Payout per share
$38.86Last 12 months
Last payment
$0.17 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 $1.15; Jan 9, 2026 $1.11; Jan 16, 2026 $1.08; Jan 23, 2026 $1.05; Jan 30, 2026 $1.05; Feb 6, 2026 $0.91; Feb 13, 2026 $0.94; Feb 20, 2026 $0.87; Feb 27, 2026 $0.91; Mar 6, 2026 $0.62; Mar 13, 2026 $0.59; Mar 20, 2026 $0.46; Mar 27, 2026 $0.44; Apr 2, 2026 $0.41; Apr 10, 2026 $0.40; Apr 17, 2026 $0.42; Apr 24, 2026 $0.41; May 1, 2026 $0.38; May 8, 2026 $0.40; May 15, 2026 $0.40; May 22, 2026 $0.28; May 29, 2026 $0.24; Jun 5, 2026 $0.23; Jun 12, 2026 $0.22; Jun 18, 2026 $0.23; Jun 26, 2026 $0.21; Jul 2, 2026 $0.22; Jul 10, 2026 $0.22; Jul 17, 2026 $0.22; Jul 24, 2026 $0.20; Jul 31, 2026 $0.19; Aug 7, 2026 $0.19; Aug 14, 2026 $0.17; Aug 21, 2026 $0.18; Aug 28, 2026 $0.18; Sep 4, 2026 $0.17; Sep 11, 2026 $0.17; Sep 18, 2026 $0.17. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.17
Sep 11, 2026Sep 15, 2026$0.17
Sep 4, 2026Sep 9, 2026$0.17
Aug 28, 2026Sep 1, 2026$0.18
Aug 21, 2026Aug 25, 2026$0.18
Aug 14, 2026Aug 18, 2026$0.17
Aug 7, 2026Aug 11, 2026$0.19
Jul 31, 2026Aug 4, 2026$0.19
Jul 24, 2026Jul 28, 2026$0.20
Jul 17, 2026Jul 21, 2026$0.22
Jul 10, 2026Jul 14, 2026$0.22
Jul 2, 2026Jul 7, 2026$0.22

TSYY Risk

How much the fund’s monthly returns vary, scaled to a year.
32.9%
Annualised · 20 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.
−0.67
vs 3-month T-bills · 20 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.
−42.5%
21 months · trough Jul 2026
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.
1.45
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.

TSYY Cost

Expense ratio3.11%
  • The middle half of Tesla (TSLA) Option Income funds
  • Median 1.07%

Every other Tesla (TSLA) Option Income fund charges less.

TSYY costs $311.00 a year on $10,000. The median Tesla (TSLA) Option Income fund costs $107.00.