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COYYGraniteShares YieldBOOST COIN ETF

Get incomeNewRanked #1,378 of 1,622 in this goal

Seeks 200% of the income from selling options on Coinbase's stock via leveraged ETFs.

By Graniteshares · Launched 2025

Annual Cost

1.07%

#5,126 of 5,562 · expensive

Fund Size

$29M

#4,086 of 5,562 · small

Dividend YieldGoal

—

Track Record

11 months

#4,621 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$4,195-58.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

What it actually holds

By weight

Concentration

Top 7 holdings = 16.1% of fund✓ well diversified

Treasury Bill
21.6%
The Options Clearing CorporationCON1381P
0.8%
The Options Clearing CorporationCON1289P
0.4%
The Options Clearing CorporationCON1420P
0.4%
The Options Clearing CorporationCON1614P
-1.9%
The Options Clearing CorporationCON1465P
-2.0%
The Options Clearing CorporationCON1569P
-3.2%

Asset allocation

Cash
77.1%
Bonds
23.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-59.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks 200% of the income from selling options on Coinbase's stock via leveraged ETFs.
Strategy
Actively managed fund that sells put options on leveraged ETFs to generate weekly distributions. A downside protection strategy may be implemented, potentially affecting net income.
Inception date
July 28, 2025
Fund family
Graniteshares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19