GraniteShares YieldBOOST SPY ETF
FThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$15.18+0.01 (+0.07%)
- 5.88%
- $8M
- +14.6%
- 39.49%
- 0M sh
- $15.18
- low $14.36high $19.77
The ETF.net YSPY Grade
F
Score 24 out of 100
- 52 of 52
Score 24 of 100 falls in the F 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.F0 out of 100Rank 52 of 52Mission
Whether the fund did what it promised, tested against its stated mandate.B56 out of 100Rank 30 of 35Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F3 out of 100Rank 52 of 52Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C46 out of 100Rank 29 of 52Holdings
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.F16 out of 100Rank 52 of 52
Our read on YSPY
FS&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
- 5
- 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.
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YSPY$11,465
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 | YSPY |
|---|---|
| Year to date | +7.5% |
| 1 month | +1.5% |
| 3 months | +4.7% |
| 1 year | +14.6% |
| 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 | +7.5% | |
| 2025 | +9.5% |
YSPY in the news
YSPY Dividends
- 39.49%
- $5.99
- $0.03 per share
- Weekly
Distribution history
YSPY Risk
- 18.2%
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.
- 0.38
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.
- 1.13
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
5.88%
YSPY5.88%
- The middle half of S&P 500 Option Income funds
- Median 0.60%
Every other S&P 500 Option Income fund charges less.
Other funds in S&P 500 Option Income
- DFGSIFT Vest Growth Strength & Target Income ETFExpense ratio 0.85%1 year return +8.9%
- DSHDGSoundwatch Hedged Equity ETFExpense ratio 1.01%1 year return +9.2%
- DXSPINEOS Boosted S&P 500 High Income ETFExpense ratio 0.98%1 year return —
- DHRSKToews Agility Shares Hedged Risk ETFExpense ratio 0.95%1 year return —
- DMRSKToews Agility Shares Managed Risk ETFExpense ratio 0.98%1 year return +14.1%