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NVYYGraniteShares YieldBOOST NVDA ETF

Get income1y track recordRanked #1,282 of 1,650 in this goal

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

By Graniteshares · Launched 2025

Annual Cost

1.15%

#5,459 of 5,861 · expensive

Fund Size

$39M

#3,872 of 5,861 · mid-size

Dividend YieldGoal

114.21%

Track Record

1 year

#4,293 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,491+4.9%

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

Asset allocation

Cash
90.5%
Bonds
9.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
23.6%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

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

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