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FBYYGraniteShares YieldBOOST META ETF

Get incomeNewRanked #1,582 of 1,628 in this goal

Seeks to achieve 200% of the income generated from selling options on Meta Platforms, Inc.'s common stock.

By Graniteshares · Launched 2025

Annual Cost

1.07%

#5,138 of 5,573 · expensive

Fund Size

$0.4M

#5,550 of 5,573 · small

Dividend YieldGoal

—

Track Record

8 months

#4,887 of 5,573 · young

Performance

Total-return NAV · USD
Growth of $10,000
$6,740-32.6%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

What it actually holds

By weight

Concentration

Top 5 holdings = 14.8% of fund✓ well diversified

Treasury Bill
16.5%
The Options Clearing CorporationFBL2918P
0.0%
The Options Clearing CorporationFBL2956P
0.0%
The Options Clearing CorporationFBL3242P
-0.5%
The Options Clearing CorporationFBL3292P
-1.2%

Asset allocation

Cash
75.7%
Bonds
24.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-35.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks to achieve 200% of the income generated from selling options on Meta Platforms, Inc.'s common stock.
Strategy
Actively managed ETF that sells put options on a leveraged ETF providing 2x daily performance of Meta. Aims for weekly distributions from option premiums, with potential downside protection through a put spread strategy.
Inception date
October 20, 2025
Fund family
Graniteshares

Our take

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

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

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

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 2026-06-20