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Beacon

TQQYGraniteShares YieldBOOST QQQ ETF

Get income1y track recordRanked #1,477 of 1,650 in this goal

Seeks to achieve 3 times the income generated from selling options on the Nasdaq-100 Index.

By Graniteshares · Launched 2025

Annual Cost

1.15%

#5,452 of 5,854 · expensive

Fund Size

$7M

#5,087 of 5,854 · small

Dividend YieldGoal

43.62%

Track Record

1 year

#4,106 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,279+2.8%

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 9 holdings = 59.0% of fundmoderately concentrated

Treasury Bill
25.6%
Treasury Bill
23.1%
Treasury Bill
12.8%
The Options Clearing CorporationTQQ4106P
0.4%
The Options Clearing CorporationTQQ3505P
0.2%
The Options Clearing CorporationTQQ3587P
0.0%
The Options Clearing CorporationTQQ3878P
-0.2%
The Options Clearing CorporationTQQ3789P
-0.4%
The Options Clearing CorporationTQQ4439P
-2.5%

Asset allocation

Cash
88.7%
Bonds
11.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
21.5%High

Year-on-year price swings

Max drawdown
-25.3%Moderate

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 3 times the income generated from selling options on the Nasdaq-100 Index.
Strategy
Actively manages an ETF to pay weekly distributions by selling put options on the Underlying Leveraged ETF, which targets 3 times the daily performance of the Nasdaq-100 Index. This strategy aims to generate three times the premium from options sales compared to the Underlying Index, allowing for frequent distributions even with longer option maturities.
Inception date
February 25, 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 2026-08-03