GraniteShares YieldBOOST HOOD ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 8 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About HOYY
The Fund is an actively managed exchange-tradedfund (“ETF”) that seeks to pay weekly distributions by selling put options on the Underlying Leveraged ETF, which providesexposure to 2 times the daily performance of the Underlying Stock. It is expected that the implied volatility on the Underlying LeveragedETF to be twice the level of the Underlying Stock’s implied volatility and selling options on the Underlying Leveraged ETF to generate,over the same time horizon and for the same strike levels, twice the premium generated by selling options on the Underlying Stock. Thepremium received by the Fund from selling options will be distributed at least partially before the maturity of the options. This allowsthe Fund to make distributions on a weekly basis even if the options sold have longer maturity (such as monthly maturity for instance).This approach may result in the distributions being treated fiscally as return of capital (see “Distribution Risk” underthe section “Principal Risks of Investing in the Fund”). There is no guarantee that the Fund will generate twice the levelof premium that would be generated by selling options on the Underlying Stock. The Fund is subject to the losses from the UnderlyingLeveraged ETF. In case a Put Spread Strategy (as defined under the section “The Fund’s Use of the Underlying Leveraged ETFDerivatives Contracts”) is implemented, the Fund may benefit from a limited downside protection against a negative price variationin the Underlying Leveraged ETF. Such protection will negatively affect the Fund’s overall income level. A put spread strategywith a narrow spread (the difference between the strikes of the put option sold and put option bought) may provide better protectionbut will have a higher negative impact on the Fund’s income level. A put spread strategy with a large spread will provide a lowerprotection but may have less negative impact on the Fund’s income level. The Fund will invest at least 80% of its net assets(plus any borrowings for investment purposes) in derivatives contracts that utilize the Underlying Leveraged ETF as their reference asset.For purposes of compliance with this investment policy, derivative contracts will be valued at their notional value. Formore information, see section “The Fund’s Use of the Underlying Leveraged ETF Derivatives Contracts” below. TheFund’s cash balance may be invested in the following instruments: (1) U.S. Government securities, such as bills, notes and bondsissued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs; (4) corporate debt securities, such as commercial paperand other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateralfor the Fund’s swap agreements; (5) repurchase transactions, which are transactions under which the purchaser (i.e., theFund) acquires securities and the seller agrees, at the time of the sale, to repurchase the securities at a mutually agreed-upon timeand price, thereby determining the yield during the purchaser’s holding period, and/or; (6) US large cap equities listedon a national security exchange, sovereign fixed income securities with a credit rating at least equal to the United States Federal Government,or corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that arerated investment grade for the purposes of entering into swap agreements with the Fund’s swap counterparties. The Fund may enterinto such swap agreements to improve its operational efficiency. TheFund is classified as “non-diversified” under the Investment Company Act of 1940 (the “1940 Act”). TheFund will be subject to regulatory constraints relating to the level of value at risk that the Fund may incur through its derivativesportfolio. To the extent the Fund exceeds these regulatory thresholds over an extended period, the Fund may determine that it is necessaryto make adjustments to the Fund’s investment strategy and the Fund may not achieve its investment objective. NoFund’s investment objective has been adopted as a fundamental investment policy and therefore each Fund’s investment objectivealong with its respective 80% investment policy may be changed without the consent of that Fund’s shareholders upon approval bythe Board of Trustees (the “Board”) of GraniteShares ETF Trust (the “Trust”) and 60 days’ written noticeto shareholders. Thereis no guarantee that the Fund’s investment strategy will be properly implemented or pay weekly distributions, and an investor maylose some or all of its investment. Even when the Fund makes a distribution it could be fiscally treated as return of capital (see“Distribution Risk” under the section “Principal Risks of Investing in the Fund”). AnInvestment in the Fund is not an investment in the Underlying Leveraged ETF - The Fund’s strategy will cap its potential gain to the premium received from selling options on the Underlying Leveraged ETF, - The Fund’s strategy is exposed to all potential losses if the Underlying Leveraged ETF’s share declines, subject to a potential downside protection if a Put Spread Strategy is used (as defined in ten next section). The potential losses may not be offset by the premium received by the Fund, - The Fund does not invest directly in the Underlying Leveraged ETF, - Fund shareholders are not entitled to any distribution paid by Underlying Leveraged ETF. Additionalinformation regarding the Underlying Leveraged ETF is set forth below. TheFund’s Use of the Underlying Leveraged ETF Derivatives Contracts - Put Spread Strategy: The Fund will enter in put spread options contracts, either directly or through swap contracts, on the Underlying Leveraged ETF and for which the Fund will receive a net premium. A put spread consists of selling a put option contract while buying a put option contract with the same maturity but a lower strike price. The Fund’s protection against a potential decrease in the price of the Underlying Leveraged ETF only applies if it falls below the strike price of the option contract bought by the Fund. Buying a put option contract results in a cost that negatively affects the Fund’s income level. It is unlikely for a put spread strategy to generate twice the level of income that would be obtained by selling options on the Underlying Stock directly. The put options contracts sold by the Fund may vary in regard to their strike price from 0 to 15% above the then-current price of the Leveraged ETF. The put options contracts bought by the Fund will have a lower strike price, ranging from 50% out-of-the-money to at-the-money. The put options sold and bought by the Fund will generally have 1- month or less expiration dates. - Put Write Strategy: The Fund will sell put options contracts, either directly or through swap contracts, on the Underlying Leveraged ETF and for which it will receive a premium. The put options contracts sold by the Fund may vary in regard to their strike prices from 40% out-of-the-money to 15% in-the-money. The put options sold and bought by the Fund will generally have 1- month or less expiration dates. The Adviser will primarily employ this put write strategy when it believes that the share price of its Underlying Leveraged ETF is likely to rise significantly in the short term (e.g., following a substantial selloff or overall positive market news). Example1 – Put Write Strategy - Selling In-the-money Put Option Contract with a One-month Maturity Assumefor simplicity that the Underlying Leveraged ETF’s shares are trading at $100.00 at the time the Fund sells an in-the-money putoption contract with a strike price of $105.00 and a one-month maturity. The Fund receives a $5.50 premium for selling the put optioncontract. Case 1: the Underlying HODD ETF’s share price increases to $105.00 before expiration. The Fund would keep the $5.50 premium received. Case 2: the Underlying Leveraged ETF’s share price increase exceeded $105.00 before expiration. The Fund would keep the $5.50 premium received but would not participate in any of the additional upside. Case 3: the Underlying Leveraged ETF’s share price drops to $99.50 before expiration. The $5.50 premium received is equal to the drop in price in the Underlying Leveraged ETF’s share price, resulting in a return of zero. Case 3: the Underlying Leveraged ETF’s share price drops below $99.50, that is the strike price ($105.00) reduced by the premium received ($5.50). The Fund would lose money and be exposed to the drop in the Underlying Leveraged ETF’s share price. Example2 – Put Write Strategy - Selling Out-of-the-money Put Options Contracts with a One-week Maturity Assumefor simplicity that the Underlying Leveraged ETF’s shares are trading at $100.00 at the time the Fund sells an out-of-the-moneyput option contract with a strike price of $95.00 and a one-week maturity. The Fund receives a $0.50 premium for selling the put optioncontract. Case 1: the Underlying Leveraged ETF’s share price increases above $100.00 before expiration. The Fund would keep the $0.50 premium received but would not participate in the increased in the Underlying Leveraged ETFs’ share price. Case 2: the Underlying Leveraged ETF’s share price drops below $94.50, that is the strike price ($95.00) reduced by the premium received ($0.50). The Fund would lose money and be exposed to the drop in the Underlying Leveraged ETF’s share price. Example3 – Put Spread Strategy - Selling At-the-money Put Options Contracts and buy an Out-of-the-money Put Options Contracts withboth with a One-month Maturity Assumefor simplicity that the Underlying Leveraged ETF’s shares are trading at $100.00 at the time the Fund sells an in-the-money putoption contract with a strike price of $105.00 and buy an out-of-the-money put option contract with a strike price of $95.00 both witha one-month maturity. The Fund receives a $5.50 premium for selling the put option contract and pays $0.50 premium for buying the putoption contract. Hence the Fund receives a $5.00 net premium. Case 1: the Underlying Leveraged ETF’s share price increases to $105.00 before expiration. The Fund would keep the $5.00 net premium received. Case 2: the Underlying Leveraged ETF’s share price increase exceeded $105.00 before expiration. The Fund would keep the $5.00 net premium received but would not participate in any of the additional upside. Case 3: the Underlying Leveraged ETF’s share price drops below $100.00, that is the strike price of the option sold ($105.00) reduced by the net premium received ($5.00) but remains above $95.00 before expiration. The Fund would lose up to $5.00, which is the difference between the 2 strike levels reduced by the net premium received Case 4: the Underlying Leveraged ETF’s share price drops below $95.00 The Fund would lose $5.00, which is the difference between the 2 strike levels reduced by the net premium received. Thecomparison between the Put Write Strategy in Example 1 and the Put Spread Strategy in Example 3, shows that the PutSpread Strategy has a narrower range of outcomes. It has limited participation in a potential increase or decrease in the Underlying Leveraged ETF’s share price. Inexamples 1 and 2, if the Underlying Leveraged ETF’s price were to drop to zero, the Fund’s NAV would be equal, before feesand costs, to the value of premium received. Typesof Options Contracts Used by the Fund Aspart of the Fund’s strategy, the Fund may buy or sell FLexible EXchange® (“FLEX”) put options contracts that arebased on the value of the price returns of the Underlying Leveraged ETF. The Fund will only buy or sell options contracts that arelisted for trading on regulated U.S. exchanges. Traditional exchange-traded options contracts have standardized terms, such as the type(call or put), the reference asset, the strike price and expiration date. Exchange-listed options contracts are guaranteed for settlementby the Options Clearing Corporation (“OCC”). FLEX Options are a type of exchange-listed options contract with uniquely customizableterms that allow investors to customize key terms like type, strike price and expiration date that are standardized in a typical optionscontract. FLEX Options are also guaranteed for settlement by the OCC. Ingeneral, an option is a contract that gives the purchaser (holder) of the option, in return for a premium, the right to buy from (call)or sell to (put) the seller (writer) of the option the security or currency underlying (in this case, the Underlying Leveraged ETF)the option at a specified exercise price. The writer of an option has the obligation upon exercise of the option to deliver the underlyingsecurity or currency upon payment of the exercise price (call) or to pay the exercise price upon delivery of the underlying securityor currency (put). An option is said to be “European Style” when it can be exercised only at expiration whereas an “AmericanStyle” option can be exercised at any time prior to expiration. The Fund might use either European or American style options. TheFund intends to primarily utilize European style options. Swapagreements Used by the Fund Aspart of the Fund’s strategy, the Fund may enter into swap agreements with major financial institutions that provide the same exposureas to buying and/or selling put options contracts on the Underlying Leveraged ETF. The swap agreements may reference standardizedexchange-traded, FLEX, European Style or American Style put options contracts that are based on the values of the price returns of theUnderlying Leveraged ETF. All put options contracts referenced in a swap agreement will be listed for trading on regulated U.S. exchanges. Theswap performance will settle in cash only irrespective of the types of the put options contracts referenced in the swap agreement. Underlying Leveraged ETF TheUnderlying Leveraged ETF seeks daily leverage investment results of 2 times (200%) the daily percentage of the Underlying Stockby entering into swap agreements on the Underlying Stock. The Underlying Leveraged ETF aims to generate 2 times the daily performanceof the Underlying Stock for a single day. A “single day” is defined as being calculated “from the close of regulartrading on one trading day to the close on the next trading day.” Becauseof daily rebalancing and the compounding of each day’s return over time, the return of the Underlying Leveraged ETF forperiods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differfrom 200% of the return of the Underlying Stock over the same period. The Underlying Leveraged ETF will lose money if the UnderlyingStock’s performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects ofcompounding, it is even possible that the Fund will lose money over time while the Underlying Stock’s performance increases overa period longer than a single day. TheFund intends to initial reference the following products as Underlying Leveraged ETF: (1) Defiance Daily Target 2X Long HOOD ETF (NASDAQ: HOOX). Investors can access information about HOOX, including its prospectus and the most recent shareholder reports, online through the SEC’s website, using Registration Statement Nos. 333-264478 and 811-23793. This information, derived from HOOX’s filings with the SEC, is essential for investors to understand HOOX’s operations, investment strategy, and financial prospects. The description of HOOX’s principal investment strategies as outlined here is directly sourced from its prospectus. (1) T-REX 2X Long HOOD Daily Target ETF (Cboe BZY Exchange: ROBN). Investors can access information about ROBN, including its prospectus and the most recent shareholder reports, online through the SEC’s website, using Registration Statement Nos. 333-234544 and 811-23439. This information, derived from ROBN’s filings with the SEC, is essential for investors to understand ROBN’s operations, investment strategy, and financial prospects. The description of ROBN’s principal investment strategies as outlined here is directly sourced from its prospectus. (2) Leverage Shares 2x Long HOOD Daily ETF (NASDAQ: HOOG). Investors can access information about HOOG, including its prospectus and the most recent shareholder reports, online through the SEC’s website, using Registration Statement Nos. 333-271700 and 811-23872. This information, derived from HOOG’s filings with the SEC, is essential for investors to understand HOOG’s operations, investment strategy, and financial prospects. The description of HOOG’s principal investment strategies as outlined here is directly sourced from its prospectus. TheFund may reference additional products as Underlying Leveraged ETF as market and liquidity develop. Dueto the Underlying Leveraged ETF’s investment exposure to the Underlying Stock, the Fund’s investment exposure is concentratedin the investment banking and brokerage industry. Thisdocument relates only to the securities offered hereby and does not relate to the Underlying Leveraged ETF or the Underlying Stock.The Fund has derived all disclosures contained in this document regarding the Underlying Leveraged ETF from publicly availabledocuments. In connection to HOOX, ROBN and HOOG, none of the Fund, the Trust, the Adviser, or their respective affiliates has participatedin the preparation of such documents or made any due diligence inquiry with respect to either fund. None of the Fund, the Trust, theAdviser, or their respective affiliates makes any representation that such publicly available documents or any other publicly availableinformation regarding HOOX, ROBN and HOOG is accurate or complete. Furthermore, the Fund cannot give any assurance that all events occurringprior to the date hereof (including events that would affect the accuracy or completeness of the publicly available documents describedabove) that would affect the trading price of the Underlying Leveraged ETF have been publicly disclosed. Subsequent disclosureof any such events or the disclosure of or failure to disclose material future events concerning the Underlying Leveraged ETF couldaffect the value received with respect to your Shares and therefore the value of your Shares. TheFund, the Trust, the Adviser, and their respective affiliates do not provide any representation regarding the performance of HOOX, ROBNand HOOG. THEFUND, TRUST AND ADVISER ARE NOT AFFILIATED WITH HOOX ROBN AND HOOG, THEIR TRUSTS, AND THEIR SERVICE PROVIDERS.
HOYY News
Data for HOYY is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.