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TSYYGraniteShares YieldBOOST TSLA ETF

Get income1y track recordRanked #1,161 of 1,650 in this goal

Seeks 2x income from selling options on Tesla Inc.'s common stock via leveraged ETFs.

By Graniteshares · Launched 2024

Annual Cost

1.15%

#5,452 of 5,854 · expensive

Fund Size

$79M

#3,215 of 5,854 · mid-size

Dividend YieldGoal

203.96%

Track Record

1 year

#3,927 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$8,741-12.6%

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 8 holdings = 82.5% of fundconcentrated

Treasury Bill
46.0%
Treasury Bill
38.7%
The Options Clearing CorporationTSL1219P
0.5%
The Options Clearing CorporationTSL1750P
0.2%
The Options Clearing CorporationTSL1069P
0.1%
The Options Clearing CorporationTSL1156P
-0.4%
The Options Clearing CorporationTSL1892P
-0.6%
The Options Clearing CorporationTSL1318P
-2.0%

Asset allocation

Cash
74.8%
Bonds
25.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
29.6%High

Year-on-year price swings

Max drawdown
-42.7%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 2x income from selling options on Tesla Inc.'s common stock via leveraged ETFs.
Strategy
Actively manages an ETF that sells put options on leveraged ETFs to achieve 2x the income from Tesla's common stock. Distributions are made weekly from the premiums received, leveraging the expected higher implied volatility of the Underlying Leveraged ETF.
Inception date
December 17, 2024
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