Skip to content

HOYYGraniteShares YieldBOOST HOOD ETF

Get incomeNewRanked #1,431 of 1,650 in this goal

Seeks 2x income from selling options on Robinhood Markets, Inc.'s common stock.

By Graniteshares · Launched 2025

Annual Cost

1.07%

#5,380 of 5,861 · expensive

Fund Size

$7M

#5,053 of 5,861 · small

Dividend YieldGoal

Track Record

11 months

#4,694 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$5,175-48.3%

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 8 holdings = 88.4% of fundconcentrated

Treasury Bill
46.2%
Treasury Bill
45.8%
The Options Clearing CorporationROB1762P
1.8%
The Options Clearing CorporationROB1412P
0.2%
The Options Clearing CorporationROB1449P
0.0%
The Options Clearing CorporationROB1567P
-0.3%
The Options Clearing CorporationROB1526P
-0.5%
The Options Clearing CorporationROB1905P
-4.9%

Asset allocation

Cash
85.9%
Bonds
14.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-51.7%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 Robinhood Markets, Inc.'s common stock.
Strategy
Actively manages an ETF that sells put options on a leveraged ETF designed to deliver 2x the daily performance of Robinhood Markets, Inc. to generate weekly distributions. The Fund aims to capitalize on the higher implied volatility of the Underlying Leveraged ETF compared to the Underlying Stock.
Inception date
September 29, 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 HOYY. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

Data updated on 2026-08-04