GraniteShares YieldBOOST SPY ETF
$15.12−0.03 (−0.20%)
- Expense ratio
- 5.88%
- Fund size
- $8M
- 1Y return
- +9.1%
- Yield · Last 12 months
- 42.76%
- Volume · 30D
- 0M sh
- NAV per share
- $15.14
- 52W range
The ETF.net YSPY Grade
Score 22 of 100 sits in the D 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 0Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 51Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 3Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 45Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 16Category rank
Our read on YSPY
DS&P 500 income funds usually sell calls on stocks they own. This one owns none of them: it sells put options on a 3x leveraged S&P 500 ETF, where implied volatility runs about triple the index's, and so does the premium collected.
The fund seeks to generate income through an options strategy, primarily by selling put options on leveraged ETFs that track the 3x Long SPY Daily ETF.
Why people hold it
- Volatility math is the engine: implied volatility on a 3x ETF is expected to run about three times the index's, so the same strikes fetch far bigger premiums than writing on the index itself.graniteshares.com
- It sells near-the-money puts and buys further out-of-the-money puts, a spread built to limit how far a drop in the leveraged ETF can cut.graniteshares.comgraniteshares.com
- The fund carries no leverage of its own. It rents a 3x ETF's volatility through the options market rather than holding the leveraged exposure.graniteshares.com
Worth knowing
- Cost sits at the far end of this shelf: 5.88% a year against a 0.60% peer median. IVVW (0.25%) and GPIX (0.35%) write options on the index itself.
- Protection is paid for in income: the issuer notes the bought puts reduce overall income, and losses tied to the 3x ETF would likely be three times the index's.graniteshares.com
- Launched in 2025 and still a small, thinly traded fund, so bid-ask spreads can run wider than the category's household names.
YSPY Holdings
- Other
- —
- 100%
- US Dollars
YSPY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | YSPY |
|---|---|
| Year to date | +6.8% |
| 1 month | +1.8% |
| 3 months | +3.2% |
| 1 year | +9.1% |
| 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 | YSPY |
|---|---|---|
| 2026 YTD | +6.8% | |
| 2025 | +9.5% |
YSPY in the news
ETF.net Research hasn’t filed on YSPY yet — coverage lands here as it’s written.
YSPY Dividends
- 42.76%
- $6.48
- $0.03 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.03 |
| Sep 11, 2026 | Sep 15, 2026 | $0.03 |
| Sep 4, 2026 | Sep 9, 2026 | $0.03 |
| Aug 28, 2026 | Sep 1, 2026 | $0.03 |
| Aug 21, 2026 | Aug 25, 2026 | $0.03 |
| Aug 14, 2026 | Aug 18, 2026 | $0.03 |
| Aug 7, 2026 | Aug 11, 2026 | $0.04 |
| Jul 31, 2026 | Aug 4, 2026 | $0.03 |
| Jul 24, 2026 | Jul 28, 2026 | $0.04 |
| Jul 17, 2026 | Jul 21, 2026 | $0.04 |
| Jul 10, 2026 | Jul 14, 2026 | $0.05 |
| Jul 2, 2026 | Jul 7, 2026 | $0.05 |
YSPY Risk
- 18.8%
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.
- 0.36
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.
- −18.6%
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.
- 1.17
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
YSPY Cost
- The middle half of S&P 500 Option Income funds
- Median 0.60%
Every other S&P 500 Option Income fund charges less.