Skip to content

MAAYGraniteShares YieldBOOST MARA ETF

Get incomeTake a betNewRanked #698 of 775 in this goal

Seeks to achieve 200% of the income generated from selling options on MARA Holdings Inc.'s common stock.

By Graniteshares · Launched 2025

Annual Cost

1.07%

#5,126 of 5,562 · expensive

Fund Size

$3M

#5,256 of 5,562 · small

Dividend YieldGoal

Track Record

7 months

#4,931 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$5,992-40.1%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Asset allocation

Cash
101.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-45.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks to achieve 200% of the income generated from selling options on MARA Holdings Inc.'s common stock.
Strategy
Actively managed ETF that sells put options on a leveraged ETF providing 2x daily performance of MARA. Aims for weekly distributions from option premiums, with potential downside protection through a put spread strategy.
Inception date
November 3, 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

What's next?

You've reviewed MAAY. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-19