Symbols

SMYY

GraniteShares YieldBOOST SMCI ETF·NASDAQ

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Key Stats

Assets Under Management

9.60MUSD

Fund Flows (1Y)

16.54MUSD

Dividend Yield

49.62%

Discount/Premium to NAV

0.77%

Shares Outstanding

690.00K

Expense Ratio

1.07%

About GraniteShares YieldBOOST SMCI ETF

Issuer

GraniteShares Advisors LLC

Brand

GraniteShares

Home Page

https://graniteshares.com/institutional/us/en-us/etfs/smyy/

Inception Date

Sep 30, 2025

Structure

Open-Ended Fund

Index Tracked

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.

SMYY aims to pay monthly distributions based on the put option writing strategy. The ETF is actively managed, holding indirect exposure to SMCI-leveraged ETFs. It seeks 200% of the daily percentage change of the SMCI ETF, with capped gains. Regulatory constraints on risk might force strategy adjustments. The fund does not guarantee success and excludes direct investment in the SMCI ETF, leaving potential losses without premium offset. The underlying SMCI ETF targets 2x the daily stock performance, with long-term returns affected by daily rebalancing and compounding. The funds exposure ties closely to the application software industry due to the single underlying stock focus.