Symbols

TSYY

GraniteShares YieldBOOST TSLA ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

336.51MUSD

Fund Flows (1Y)

454.47MUSD

Dividend Yield

253.44%

Discount/Premium to NAV

Shares Outstanding

57.50M

Expense Ratio

1.15%

About GraniteShares YieldBOOST TSLA ETF

Issuer

GraniteShares Advisors LLC

Brand

GraniteShares

Home Page

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

Inception Date

Dec 18, 2024

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.

TSYY aims to pay monthly distributions base 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 funds exposure ties closely to the automotive industry due to the single underlying stock focus.