How much has MAAY paid over the last year?

Over the period from its launch on Nov 4, 2025 to Sep 30, 2026, MAAY paid 46.0% of its starting price in cash distributions, while the price fell 80.0%.

Is MAAY ahead of MARA?

Over the period from its launch on Nov 4, 2025 to Sep 30, 2026, with every distribution reinvested, MAAY returned −43.3% against −31.8% for MARA (MARA), so a holder was behind it by 11.5 points.

How often does MAAY pay, and how much?

MAAY pays weekly. The latest distribution annualizes to 97.3% at its price on Sep 30, 2026, which is not a promise; the next one can differ.

Is the MAAY distribution return of capital?

GraniteShares estimates 98% of the distribution paid Sep 1, 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 MAAY next pay a distribution?

MAAY pays weekly. The last distribution went ex on Sep 25, 2026 at $0.0907 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Oct 2, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 4 days.

The prospectus expense ratio is 1.07% a year.

MAAY GraniteShares YieldBOOST MARA ETF

Synthetic covered call on MARA, paying weeklyGraniteShares1.07% fee$5mPays weeklySince Nov 4, 2025Fund page at the issuer ↗SEC filings ↗Every GraniteShares fund ETFIQ covers

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Since its launch on Nov 4, 2025, MAAY paid 46.0% in cash and finished 11.5 points behind MARA.

46.0%

Cash paid, since launch, on its starting price

−43.3%

Total return, since launch

−11.5 pts

Against MARA

98.0%

Return of capital, latest payout (GraniteShares estimate)

Where the return came from

MAAY

−6.5%

MARA

−15.3%

8.8 pts ahead of MARA MAAY over 3 months: paid 20.2%, price −26.1%, total −6.5%, MARA −15.3%, +8.8 pts. MARA −15.3% MAAY −6.5% 8.8 pts ahead of MARA Total return, distributions reinvested 8.8 pts ahead of MARA MAAY over 3 months: paid 20.2%, price −26.1%, total −6.5%, MARA −15.3%, +8.8 pts. MARA −15.3% MAAY −6.5% 8.8 pts ahead of MARA

Price change −26.1%Cash paid +20.2%, reinvested+8.8 pts vs MARA

Over the 3 months to Sep 30, 2026, MAAY returned −6.5% with distributions reinvested and MARA (MARA) returned −15.3%, so a holder came out ahead of it by 8.8 points. The lighter segment is the 20.2% that arrived as cash rather than as price.

MAAY

+2.0%

MARA

+40.9%

38.9 pts behind MARA MAAY over 6 months: paid 40.0%, price −36.6%, total +2.0%, MARA +40.9%, −38.9 pts. MARA +40.9% MAAY +2.0% 38.9 pts behind MARA Total return, distributions reinvested 38.9 pts behind MARA MAAY over 6 months: paid 40.0%, price −36.6%, total +2.0%, MARA +40.9%, −38.9 pts. MARA +40.9% MAAY +2.0% 38.9 pts behind MARA

Price change −36.6%Cash paid +40.0%, reinvested−38.9 pts vs MARA

Over the 6 months to Sep 30, 2026, MAAY returned +2.0% with distributions reinvested and MARA (MARA) returned +40.9%, so a holder came out behind it by 38.9 points. The lighter segment is the 40.0% that arrived as cash rather than as price.

MAAY

−43.3%

MARA

−31.8%

11.5 pts behind MARA MAAY since launch: paid 46.0%, price −80.0%, total −43.3%, MARA −31.8%, −11.5 pts. MARA −31.8% MAAY −43.3% 11.5 pts behind MARA Total return, distributions reinvested 11.5 pts behind MARA MAAY since launch: paid 46.0%, price −80.0%, total −43.3%, MARA −31.8%, −11.5 pts. MARA −31.8% MAAY −43.3% 11.5 pts behind MARA

Price change −80.0%Cash paid +46.0%, reinvested−11.5 pts vs MARA

Over the since launch to Sep 30, 2026, MAAY returned −43.3% with distributions reinvested and MARA (MARA) returned −31.8%, so a holder came out behind it by 11.5 points. The lighter segment is the 46.0% that arrived as cash rather than as price.

Window	Cash paid	Price	Total return	MARA	Ahead or behind
3M Jul 1 – Sep 30, 2026	20.2%	−26.1%	−6.5%	−15.3%	+8.8 pts
6M Apr 1 – Sep 30, 2026	40.0%	−36.6%	+2.0%	+40.9%	−38.9 pts
Since launch Nov 4, 2025 – Sep 30, 2026	46.0%	−80.0%	−43.3%	−31.8%	−11.5 pts

MAAY over each window to Sep 30, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

$0.11

$0.09

Distributions per share for MAAY 13 distributions for MAAY, $0.0907 to $0.1137 a share and $0.1019 in the middle, Jul 2, 2026 to Sep 25, 2026. 6 further ex-dates are expected with no amount the issuer has declared, so they are not drawn. $0.1019 the middle one Jul 2, 2026 Sep 25, 2026 $0.1137 a share at the highest

Jul 2026Weekly, per shareSep 2026

13 distributions for MAAY, $0.0907 to $0.1137 a share and $0.1019 in the middle, Jul 2, 2026 to Sep 25, 2026. 6 further ex-dates are expected with no amount the issuer has declared, so they are not drawn.

Latest

$0.0907

Ex Sep 25, 2026 · paid about 4 days later

Annualized

97.3%

At its price on Sep 30, 2026

Trailing 12 months

229.6%

Sum of the last 12: $1.2094

Return of capital

98.0%

Latest payout (GraniteShares estimate)

Next, projected

MAAY pays weekly. The last distribution was $0.0907 a share, which went ex on Sep 25, 2026 and was paid on Sep 29, 2026. The next has not been declared. On its own cadence of about 7 days the ex-date falls near Oct 2, 2026; that date is an ETFIQ projection, not the issuer’s.

Oct 2, 2026 · pay Oct 6, 2026$0.0907 ETFIQ projection

Oct 9, 2026 · pay Oct 13, 2026$0.0907 ETFIQ projection

Oct 16, 2026 · pay Oct 20, 2026$0.0907 ETFIQ projection

Oct 23, 2026 · pay Oct 27, 2026$0.0907 ETFIQ projection

Oct 30, 2026 · pay Nov 3, 2026$0.0907 ETFIQ projection

Nov 6, 2026 · pay Nov 10, 2026$0.0907 ETFIQ projection

Expected distributions for MAAY. 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.

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Every distribution ETFIQ holds for MAAY (13, most recent first)

Sep 25, 2026$0.0907

Sep 18, 2026$0.0912

Sep 11, 2026$0.0957

Sep 4, 2026$0.0938

Aug 28, 2026$0.1019

Aug 21, 2026$0.0998

Aug 14, 2026$0.0973

Aug 7, 2026$0.1036

Jul 31, 2026$0.1021

Jul 24, 2026$0.112

Jul 17, 2026$0.1108

Jul 10, 2026$0.1105

Jul 2, 2026$0.1137

Cash distributions per share for MAAY. Source: ETFIQ from Tiingo end-of-day distributions.

Head to head

MAAY vs MARO MAAY vs MRA

Funds near this one

MARO MRA

Lists

Every GraniteShares fund ETFIQ covers Every income ETF on MARA Every one of ETFIQ's income ETFs All GraniteShares funds

In plain words

Since it launched on Nov 4, 2025, MAAY has returned −43.3% with distributions reinvested, against −31.8% for MARA (MARA), and has paid out 46.0% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 97.3%. GraniteShares estimates that 98% of the distribution paid Sep 1, 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.

Strategysynthetic covered call

BenchmarkMARA (MARA)

Paysweekly

Net assets (issuer page, as of Sep 30, 2026)$5m

Latest payout, annualized (ETFIQ)97.3%

Expense ratio (485BPOS XBRL, Sep 11, 2025)1.07%

Cash paid, last 12 months, over today’s price (ETFIQ)229.6%

LaunchedNov 4, 2025

Return of capital, latest distribution (GraniteShares 19a-1 estimate)98.0%

Paysweekly

Typical gap between ex-dates7 days

Typical wait from ex-date to payment4 days

Last paid, per share$0.0907 ex Sep 25, 2026

Sum of the last 12 distributions$1.2094

MAAY (GraniteShares YieldBOOST MARA ETF), income ETFs fields as of Sep 30, 2026. Source: ETFIQ.

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 about MAAY

How much has MAAY paid over the last year?: Over the period from its launch on Nov 4, 2025 to Sep 30, 2026, MAAY paid 46.0% of its starting price in cash distributions, while the price fell 80.0%.
Is MAAY ahead of MARA?: Over the period from its launch on Nov 4, 2025 to Sep 30, 2026, with every distribution reinvested, MAAY returned −43.3% against −31.8% for MARA (MARA), so a holder was behind it by 11.5 points.
How often does MAAY pay, and how much?: MAAY pays weekly. The latest distribution annualizes to 97.3% at its price on Sep 30, 2026, which is not a promise; the next one can differ.
Is the MAAY distribution return of capital?: GraniteShares estimates 98% of the distribution paid Sep 1, 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 MAAY next pay a distribution?: MAAY pays weekly. The last distribution went ex on Sep 25, 2026 at $0.0907 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Oct 2, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 4 days.
What does MAAY cost?: The prospectus expense ratio is 1.07% a year.

Sources and dates

Prices, MAAY and MARATiingo end-of-day · Sep 30, 2026

Fee, 1.07%Prospectus filing with the expense ratio (SEC) ↗

Net assets, $5mIssuer page · Sep 30, 2026

Return of capitalGraniteShares 19a-1 distribution notice ↗

DistributionsTiingo end-of-day · 13 payments

All fund filingsFund filings on SEC EDGAR ↗

IssuerGraniteShares page for MAAY ↗

SourceGraniteShares 19a-1 distribution notice ↗

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

How these figures are computed →Standards and sources →Open data →

Cite this page

ETFIQ, MAAY, income ETFs, data as of Sep 30, 2026. https://etfiq.com/funds/maay

Open MAAY live on ETFIQ

The payout bar for MAAY, redrawn every trading night. Free to use with the credit link.

Free to use with attribution; the underlying files are at Open data.

Total return

Price change plus every distribution reinvested on the day it went ex-dividend. This is what you actually ended up with, and the only fair basis for comparing with an index.

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

Total return minus benchmark total return, in percentage points. A fund can pay 12% a year and still be behind by 10 points if its price fell while the index rose.

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

The fund owns the stocks and sells call options on them, collecting premium and giving up gains above the strike. Synthetic covered call funds hold options instead of the stocks. 0DTE funds sell options that expire the same day.

Autocallable

A fund that pays a coupon and can be called away early, on dates set when it launched. If it is called, you get your money back with the coupon and the run ends. If it is not, it runs on to the next date.

Barrier

The level the underlying has to stay above for you to be repaid in full. A barrier is not a buffer. A buffer takes the first slice of a fall for you; a barrier takes none of it once it breaks, so below it you take the whole fall rather than only the part past it.

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

What is a synthetic covered call ETF?→When do ETFs pay dividends?→GraniteShares: every fund ETFIQ covers→What option-income ETFs paid and made, August 2026→

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