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NVYYGraniteShares YieldBOOST NVDA ETF

Get income1y track recordRanked #1,274 of 1,622 in this goal

Seeks 200% of the income from selling options on NVIDIA Corporation's stock.

By Graniteshares · Launched 2025

Annual Cost

1.15%

#5,204 of 5,562 · expensive

Fund Size

$52M

#3,546 of 5,562 · mid-size

Dividend YieldGoal

148.05%

Track Record

1 year

#4,387 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$12,308+23.1%

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
93.5%
Bonds
7.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
24.4%High

Year-on-year price swings

Max drawdown
-14.9%Mild

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 200% of the income from selling options on NVIDIA Corporation's stock.
Strategy
Actively managed fund that sells put options on a leveraged ETF to generate weekly distributions. Aims for 2x income from options while capping potential investment gains.
Inception date
May 12, 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 2026-06-19