GraniteShares YieldBOOST MSTR 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 10 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About MTYY
The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to pay weekly distributions by selling put options on the Underlying Leveraged ETF, which provides exposure to 2 times the daily performance of the Underlying Stock. It is expected that the implied volatility on the Underlying Leveraged ETF 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. The premium received by the Fund from selling options will be distributed at least partially before the maturity of the options. This allows the 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” under the section “Principal Risks of Investing in the Fund”). There is no guarantee that the Fund will generate twice the level of premium that would be generated by selling options on the Underlying Stock. TheFund is subject to the losses from the Underlying Leveraged ETF. In case a Put Spread Strategy (as defined under the section “TheFund’s Use of the Underlying Leveraged ETF Derivatives Contracts”) is implemented, the Fund may benefit from a limiteddownside protection against a negative price variation in the Underlying Leveraged ETF. Such protection will negatively affect theFund’s overall income level. A put spread strategy with a narrow spread (the difference between the strikes of the put option soldand put option bought) may provide better protection but will have a higher negative impact on the Fund’s income level. A put spreadstrategy with a large spread will provide a lower protection but may have less negative impact on the Fund’s income level. TheFund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in derivatives contracts that utilize theUnderlying Leveraged ETF as their reference asset. For purposes of compliance with this investment policy, derivative contracts willbe 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 enter into 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 “DistributionRisk” 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 - PutSpread Strategy: The Fund will enter in put spread options contracts, either directly or through swap contracts, on the Underlying LeveragedETF and for which the Fund will receive a net premium. A put spread consists of selling a put option contract while buying a put optioncontract with the same maturity but a lower strike price. The Fund’s protection against a potential decrease in the price of theUnderlying 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 unlikelyfor a put spread strategy to generate twice the level of income that would be obtained by selling options on the Underlying Stock directly. The putoptions contracts sold by the Fund may vary in regard to their strike price from 0 to 15% above the then-current price of the LeveragedETF. 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. - PutWrite Strategy: The Fund will sell put options contracts, either directly or through swap contracts, on the Underlying Leveraged ETFand for which it will receive a premium. The put options contracts sold by the Fund may vary in regardto 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 have1- month or less expiration dates. The Adviser will primarily employ this put write strategy when it believes that the share price ofits Underlying Leveraged ETF is likely to rise significantly in the short term (e.g., following a substantial selloff or overall positivemarket 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-moneyput option 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 Leveraged 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 4: 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 Contractswith both 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-moneyput option 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 bothwith a one-month maturity. The Fund receives a $5.50 premium for selling the put option contract and pays $0.50 premium for buying theput option 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. The comparison between the Put WriteStrategy in Example 1 and the Put Spread Strategy in Example 3, shows that the Put Spread Strategy has a narrower rangeof 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, beforefees and 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 thatare listed for trading on regulated U.S. exchanges. Traditional exchange-traded options contracts have standardized terms, such as thetype (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. UnderlyingLeveraged 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) T-REX 2X Long MSTR Daily Target ETF (Cboe BZY Exchange: MSTU). Investors can access information about MSTU, 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 MSTU’s filings with the SEC, is essential for investors to understand MSTU’s operations, investment strategy, and financial prospects. The description of MSTU’s principal investment strategies as outlined here is directly sourced from its prospectus. (2) Defiance Daily Target 2X Long MSTR ETF (NASDAQ: MSTX). Investors can access information about MSTX, 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 MSTX’s filings with the SEC, is essential for investors to understand MSTX’s operations, investment strategy, and financial prospects. The description of MSTX’s principal investment strategies as outlined here is directly sourced from its prospectus. (3) GraniteShares 2x Long MSTR Daily ETF (NASDAQ: MSTP). Investors can access information about MSTP, including its prospectus and the most recent shareholder reports, online through the SEC’s website, using Registration Statement Nos. 333-214796 and 811-2314. This information, derived from MSTP’s filings with the SEC, is essential for investors to understand MSTP’s operations, investment strategy, and financial prospects. The description of MSTP’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 computer and information technology 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. MSTP is affiliated with the Fund and both funds are issued under GraniteShares ETF Trust. The Trust and the Adviser have beendirectly involved in the preparation of the disclosure of MSTP’s publicly available documents. In connection to MSTU and MSTX,none of the Fund, the Trust, the Adviser, or their respective affiliates has participated in the preparation of such documents or madeany due diligence inquiry with respect to either fund. None of the Fund, the Trust, the Adviser, or their respective affiliates makesany representation that such publicly available documents or any other publicly available information regarding MSTU and MSTX is accurateor complete. Furthermore, the Fund cannot give any assurance that all events occurring prior to the date hereof (including events thatwould affect the accuracy or completeness of the publicly available documents described above) that would affect the trading price ofthe Underlying Leveraged ETF have been publicly disclosed. Subsequent disclosure of any such events or the disclosure of or failureto disclose material future events concerning the Underlying Leveraged ETF could affect the value received with respect to yourShares 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 MSTU andMSTX. THEFUND, TRUST AND ADVISER ARE NOT AFFILIATED WITH MSTU AND MSTX, THEIR TRUSTS, AND THEIR SERVICE PROVIDERS. THEFUND, TRUST AND ADVISER ARE AFFILIATED WITH MSTP. AdditionalInformation on Bitcoin Bitcoinis a digital asset that is created and transmitted through the operations of the online, peer-to-peer Bitcoin network, a decentralizednetwork of computers that operates on cryptographic protocols. The ownership of bitcoin is determined by participants in the Bitcoinnetwork. The Bitcoin network connects computers that run publicly accessible, or “open source,” software that follows therules and procedures governing the Bitcoin network. This is commonly referred to as the Bitcoin Protocol. Bitcoin, the asset, plays akey role in the operation of the Bitcoin network, as the computers (or “miners”) that process transactions on the networkand maintain the network’s security are compensated through the issuance of new bitcoin and through transaction fees paid by usersin bitcoin. Nosingle entity owns or operates the Bitcoin network. Bitcoin is not issued by any government, by banks or similar organizations. The infrastructureof the Bitcoin network is collectively maintained by a decentralized user base. The Bitcoin network is accessed through software, andsoftware governs the creation, movement, and ownership of “bitcoin,” the unit of account on the Bitcoin network ledger. Thevalue of bitcoin is determined, in part, by the supply of, and demand for, bitcoin in the global markets for trading bitcoin, marketexpectations for the adoption of bitcoin as a decentralized store of value, the number of merchants and/or institutions that accept bitcoinas a form of payment and the volume of private end-user-to-end-user transactions. Bitcointransaction and ownership records are reflected on the “Bitcoin blockchain,” which is a digital public record or ledger.Copies of this ledger are stored in a decentralized manner on the computers of each Bitcoin network node (a node is any user who maintainson their computer a full copy of all the bitcoin transaction records, the blockchain, as well as related software). Transaction datais permanently recorded in files called “blocks,” which reflect transactions that have been recorded and authenticated byBitcoin network participants. The Bitcoin network software source code includes protocols that govern the creation of new bitcoin andthe cryptographic system that secures and verifies bitcoin transactions.
MTYY News
Data for MTYY 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.