Skip to content

FBYYGraniteShares YieldBOOST META ETF

Get incomeNewRanked #1,598 of 1,650 in this goal

Seeks 2x income from selling options on Meta Platforms, Inc.'s common stock.

By Graniteshares · Launched 2025

Annual Cost

1.07%

#5,380 of 5,861 · expensive

Fund Size

$0.4M

#5,768 of 5,861 · small

Dividend YieldGoal

Track Record

10 months

#4,773 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$6,305-36.9%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 6 holdings = 72.0% of fundconcentrated

Treasury Bill
48.2%
Treasury Bill
23.9%
The Options Clearing CorporationFBL1878P
0.0%
The Options Clearing CorporationFBL1803P
0.0%
The Options Clearing CorporationFBL1949P
-0.0%
The Options Clearing CorporationFBL2030P
-0.2%

Asset allocation

Cash
73.2%
Bonds
27.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-41.0%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 2x income from selling options on Meta Platforms, Inc.'s common stock.
Strategy
Actively manages an ETF that sells put options on leveraged ETFs to achieve 2x the income from options on Meta's stock. Distributions are made weekly from the premiums received, which may be treated as return of capital.
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

What's next?

You've looked at FBYY. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

Data updated on 2026-08-05