Symbols

NVYY

GraniteShares YieldBoost NVDA ETF·NASDAQ

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Key Stats

Assets Under Management

86.43MUSD

Fund Flows (1Y)

124.53MUSD

Dividend Yield

75.14%

Discount/Premium to NAV

-0.21%

Shares Outstanding

4.80M

Expense Ratio

1.15%

About GraniteShares YieldBoost NVDA ETF

Issuer

GraniteShares Advisors LLC

Brand

GraniteShares

Home Page

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

Inception Date

May 12, 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.

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