RTYY vs XXV

RTYYDGraniteShares YieldBoost RIOT ETF

XXVASimplify Ancorato Target 25 Distribution ETF

In short

RTYY Most single-stock income funds write calls on the stock. RTYY writes puts on a 2x RIOT vehicle instead, aiming for twice the option income of writing on RIOT itself, with gains capped at the premium collected.

XXV Structured-note income without the bank. XXV sells barrier put options on single stocks, and sometimes worst-of baskets, chasing an aspirational 25% annualized payout, with the options rolled continuously. The top rung of Simplify's barrier-income ladder.

Stated mandate

RTYY The Fund seeks 2 times the income generated by selling options on leveraged exchange-traded funds designed to deliver 2 times the daily performance of Riot Platforms, Inc. It also seeks exposure to that leveraged ETF, subject to a cap on potential gains.

XXV XXV seeks high monthly income through selling barrier put options referencing individual stocks, with possible use of worst-of baskets of individual stocks. Its 25% annualized distribution goal is aspirational and not guaranteed.

Why people hold it

• RTYY The premium engine is doubled by design: it sells options on a leveraged ETF built for 2x RIOT's daily move, targeting 2x the income of writing options on the stock directly.graniteshares.com
• Distributions are targeted weekly, and the put-writing happens inside an ordinary 1940 Act ETF, so there's no options approval or margin account on your end.graniteshares.com
• At 1.07% a year, the fee sits right at the middle of the single-stock option-income crowd. The leveraged twist doesn't carry a surcharge.

• XXV 0.85% a year sits below the going rate in its single-stock options-income cohort, where peers like BRKC and TSMY run near 1%.
• Options are rolled automatically and continuously, and the ETF wrapper strips out the bank credit risk you take on with a traditional structured note.simplify.ussimplify.us 2
• Built around cash flow: barriers are adjusted to levels designed to support a 25% annualized distribution target, paid monthly.simplify.us
• Sub-advised by Ancorato Capital, a structured-products specialist, and one of the stronger implementations in a crowded options-income field.simplify.us

Worth knowing

• RTYY Upside is capped at the premium collected, while declines in the underlying leveraged ETF flow through to the fund. Income comes first, growth is not the job.graniteshares.com
• Single-stock volatility is the fuel: premiums are rich because RIOT swings hard, and the 2x reference ETF amplifies those swings in both directions.graniteshares.com
• Launched December 2025, it's still a small, thinly traded fund. Wider spreads and a short track record come with the territory.

• XXV Barriers cushion, they do not erase. Selling puts on single stocks means the fund wears the loss when a reference name breaks through its barrier.simplify.us
• The 25% figure is an aspirational goal, not a promise, and distributions may include return of capital, which is your own money coming back.
• Launched in late 2025 and thinly traded, so bid-ask spreads can cost more than the expense ratio on the way in and out.

Full RTYY profile⁠

Full XXV profile⁠