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HOYY GraniteShares YieldBOOST HOOD ETF

Synthetic covered call on HOOD, paying weekly

Since its launch on Sep 30, 2025, HOYY paid 48.4% in cash and still finished 27.9 points behind HOOD.

GraniteShares · Income ETFs · data as of

Key facts

48.4%Cash paid, since launch, on its starting price
−44.3%Total return, since launch
−27.9 ptsAgainst HOOD
97.3%Return of capital, latest payout (GraniteShares estimate)

Method

What a holder got

HOYY against HOODHOYY returned −44.3% with distributions reinvested against −16.3% for Robinhood (HOOD), a gap of −27.9 pts. Of that, 48.4% arrived as cash rather than price.−44.3%HOYY total return−16.3%Robinhood (HOOD)

Over the year to Sep 18, 2026, HOYY returned −44.3% with distributions reinvested and Robinhood (HOOD) returned −16.3%, so a holder came out behind it by 27.9 points. The lighter segment is the 48.4% that arrived as cash rather than as price.

Method

Period by period

HOYY over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnHOODAhead or behind
3 months16.5%−16.8%+0.2%+10.8%−10.6 pts
6 months32.8%−32.2%+1.8%+69.0%−67.2 pts
Since launch48.4%−80.7%−44.3%−16.3%−27.9 pts

Method

When HOYY pays

HOYY pays weekly. The last distribution was $0.0702 a share, which went ex on Sep 18, 2026 and was paid on Sep 22, 2026. The next has not been declared. On its own cadence of about 7 days the ex-date falls near Sep 25, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for HOYY. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Sep 25, 2026Sep 29, 2026$0.0702ETFIQ projection
Oct 2, 2026Oct 6, 2026$0.0702ETFIQ projection
Oct 9, 2026Oct 13, 2026$0.0702ETFIQ projection
Oct 16, 2026Oct 20, 2026$0.0702ETFIQ projection
Oct 23, 2026Oct 27, 2026$0.0702ETFIQ projection
Oct 30, 2026Nov 3, 2026$0.0702ETFIQ projection
Every distribution ETFIQ holds for HOYY (13, most recent first)
Cash distributions per share for HOYY. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 18, 2026$0.0702
Sep 11, 2026$0.0749
Sep 4, 2026$0.0715
Aug 28, 2026$0.072
Aug 21, 2026$0.0729
Aug 14, 2026$0.0752
Aug 7, 2026$0.0727
Jul 31, 2026$0.0717
Jul 24, 2026$0.0783
Jul 17, 2026$0.0801
Jul 10, 2026$0.0822
Jul 2, 2026$0.0801
Jun 26, 2026$0.0794

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Sep 30, 2025, HOYY has returned −44.3% with distributions reinvested, against −16.3% for Robinhood (HOOD), and has paid out 48.4% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 73.9%. GraniteShares estimates that 97% of the distribution paid Aug 25, 2026 was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.

HOYY (GraniteShares YieldBOOST HOOD ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategysynthetic covered call
BenchmarkRobinhood (HOOD)
Paysweekly
Net assets (issuer page, as of Sep 17, 2026)$7m
Latest payout, annualized (ETFIQ)73.9%
Expense ratio (485BPOS XBRL, Sep 11, 2025)1.07%
Cash paid, last 12 months, over today’s price (ETFIQ)251.2%
LaunchedSep 30, 2025
Return of capital, latest distribution (GraniteShares 19a-1 estimate)97.3%
Paysweekly
Typical gap between ex-dates7 days
Typical wait from ex-date to payment4 days
Last paid, per share$0.0702 ex Sep 18, 2026
Sum of the last 12 distributions$0.9019

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has HOYY paid over the last year?
Over the period from its launch on Sep 30, 2025 to Sep 18, 2026, HOYY paid 48.4% of its starting price in cash distributions, while the price fell 80.7%.
Is HOYY ahead of HOOD?
Over the period from its launch on Sep 30, 2025 to Sep 18, 2026, with every distribution reinvested, HOYY returned −44.3% against −16.3% for Robinhood (HOOD), so a holder was behind it by 27.9 points.
How often does HOYY pay, and how much?
HOYY pays weekly. The latest distribution annualizes to 73.9% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
Is the HOYY distribution return of capital?
GraniteShares estimates 97% of the distribution paid Aug 25, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does HOYY next pay a distribution?
HOYY pays weekly. The last distribution went ex on Sep 18, 2026 at $0.0702 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Sep 25, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 4 days.
What does HOYY cost?
The prospectus expense ratio is 1.07% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

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Where HOYY is written about

HOYY, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
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Cite this page. ETFIQ, HOYY, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/hoyy Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources