GraniteShares YieldBOOST TSLA ETFGraniteShares YieldBOOST TSLA ETFGraniteShares YieldBOOST TSLA ETF

GraniteShares YieldBOOST TSLA ETF

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Key stats


Assets under management (AUM)
‪5.53 M‬USD
Fund flows (1Y)
‪6.41 M‬USD
Dividend yield (indicated)
129.33%
Discount/Premium to NAV
0.8%
Shares outstanding
‪470.00 K‬
Expense ratio
1.07%

About GraniteShares YieldBOOST TSLA ETF


Issuer
GraniteShares, Inc.
Brand
GraniteShares
Inception date
Dec 18, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
GraniteShares Advisors LLC
Distributor
ALPS Distributors, Inc.
TSYY aims to pay monthly distributions based on the put option writing strategy. The ETF is actively managed, holding indirect exposure to TSLA-leveraged ETFs. It seeks 200% of the daily percentage change of the TSLA ETF, with capped gains. Regulatory constraints on risk might force strategy adjustments. The fund does not guarantee success and excludes direct investment in the TSLA ETF, leaving potential losses without premium offset. The underlying TSLA ETF targets 2x the daily stock performance, with long-term returns affected by daily rebalancing and compounding. The fund’s exposure ties closely to the automotive industry due to the single underlying stock focus.

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Automobile manufacturers
Strategy
Buy-write
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Cash
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to TSYY via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TSYY trades at 11.84 USD today, its price has risen 0.85% in the past 24 hours. Track more dynamics on TSYY price chart.
TSYY net asset value is 11.75 today — it's risen 15.61% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TSYY assets under management is ‪5.53 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TSYY price has risen by 4.04% over the last month, and its yearly performance shows a −52.72% decrease. See more dynamics on TSYY price chart.
NAV returns, another gauge of an ETF dynamics, showed a −12.49% decrease in three-month performance and has decreased by −19.65% in a year.
TSYY fund flows account for ‪6.41 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TSYY invests in bonds. See more details in our Analysis section.
TSYY expense ratio is 1.07%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, TSYY is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, TSYY pays dividends to its holders with the dividend yield of 129.33%.
TSYY trades at a premium (0.77%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TSYY shares are issued by GraniteShares, Inc.
TSYY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 18, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.