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HMYYGraniteShares YieldBOOST HIMS ETF

Get incomeNewRanked #1,562 of 1,650 in this goal

Seeks to achieve 2 times (200%) the income generated from selling options on Hims & Hers Health, Inc.'s common stock.

By Graniteshares · Launched 2025

Annual Cost

1.07%

#5,380 of 5,861 · expensive

Fund Size

$0.8M

#5,684 of 5,861 · small

Dividend YieldGoal

—

Track Record

8 months

#4,926 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$4,876-51.2%

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 8 holdings = 55.7% of fundmoderately concentrated

Treasury Bill
34.4%
Treasury Bill
23.1%
The Options Clearing CorporationHIM2196P
0.5%
The Options Clearing CorporationHIM1749P
0.4%
The Options Clearing CorporationHIM1877P
0.1%
The Options Clearing CorporationHIM2029P
-0.4%
The Options Clearing CorporationHIM1891P
-0.8%
The Options Clearing CorporationHIM2374P
-1.6%

Asset allocation

Cash
75.4%
Bonds
25.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-56.9%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 2 times (200%) the income generated from selling options on Hims & Hers Health, Inc.'s common stock.
Strategy
Actively manages an ETF that sells put options on the Underlying Leveraged ETF to generate 2 times the income from the Underlying Stock. Aims for weekly distributions from the premium received, which may be treated as return of capital.
Inception date
December 1, 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 2026-08-04