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HOYYGraniteShares YieldBOOST HOOD ETF

Get incomeNewRanked #1,425 of 1,628 in this goal

Seeks to achieve 200% of the income generated from selling options on Robinhood Markets, Inc. common stock.

By Graniteshares · Launched 2025

Annual Cost

1.07%

#5,138 of 5,573 · expensive

Fund Size

$9M

#4,797 of 5,573 · small

Dividend YieldGoal

—

Track Record

9 months

#4,802 of 5,573 · young

Performance

Total-return NAV · USD
Growth of $10,000
$5,589-44.1%

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 7 holdings = 55.7% of fundmoderately concentrated

Treasury Bill
62.9%
The Options Clearing CorporationROB5234P
1.0%
The Options Clearing CorporationROB4764P
0.3%
The Options Clearing CorporationROB5166P
0.1%
The Options Clearing CorporationROB5871P
-0.5%
The Options Clearing CorporationROB5414P
-1.2%
The Options Clearing CorporationROB5948P
-6.9%

Asset allocation

Cash
88.5%
Bonds
11.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-51.5%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 Robinhood Markets, Inc. common stock.
Strategy
Actively managed ETF that sells put options on a leveraged ETF for Robinhood to generate weekly distributions. Aims for twice the premium from options on the leveraged ETF compared to the underlying stock, with potential downside protection through a put spread strategy.
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

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 2026-06-20