GraniteShares YieldBOOST Single Stock Universe ETF (FIYY)

Profile

GraniteShares YieldBOOST Single Stock Universe ETF is an actively managed exchange-traded fund designed primarily to seek current income through weekly distributions. As a fund of funds, it invests predominantly in a diversified portfolio of other YieldBOOST™ ETFs, each utilizing options-based strategies on U.S.-listed securities. These underlying ETFs employ put spread approaches, selling near-the-money put options on leveraged ETFs and buying further out-of-the-money puts to help manage downside risk while harvesting option premiums for enhanced yield generation. The fund rebalances its portfolio monthly to select high-yielding names from the GraniteShares YieldBOOST™ ecosystem, providing investors with broad exposure across various single-stock universes without direct leverage in the fund itself. This structure aims to deliver consistent weekly payouts derived from option income, dividends, capital gains, and interest, often classified partly as return of capital for potential tax efficiency. Launched in December 2025 and headquartered in New York, New York, GraniteShares YieldBOOST Single Stock Universe ETF plays a key role in the income-focused ETF segment, appealing to those seeking yield enhancement strategies in the options derivatives market.