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YSPY GraniteShares YieldBOOST SPY ETF

Synthetic covered call on SPY, paying weekly

Over the year to Sep 18, 2026, YSPY paid 33.0% in cash and still finished 6.3 points behind SPY.

GraniteShares · Income ETFs · data as of

Key facts

33.0%Cash paid, 1 year, on its starting price
+10.3%Total return, 1 year
−6.3 ptsAgainst SPY
86.5%Return of capital, latest payout (GraniteShares estimate)

Method

ETFIQ Return Stability Score

57.0joint 23rd of 64

YSPY paid 33.0% in cash. Its price fell 25.0%, so 76% of what you were paid came back out of your own capital.

Was the payout funded by returns, or by your own capital?

Against its benchmark
AMYY −218.2 ptsMRNY −148.8 ptsAMDY −76.2 ptsDIPS −43.1 ptsNVYY −20.9 ptsXOMO −19.9 ptsTQQY −19.6 ptsAZYY −19.3 ptsAPLY −17.0 ptsCOYY −16.3 ptsGOOP −14.1 ptsMARO −13.2 ptsMSTW −12.2 ptsHOOW −11.0 ptsCOIW −10.7 ptsTSMY −10.3 ptsPLTW −9.3 ptsGMEY −8.7 ptsTSLW −8.3 ptsGOOY −8.0 ptsNFLW −7.9 ptsAMZP −7.3 ptsMETW −7.1 ptsAAPY −7.0 ptsTSYY −6.8 ptsMSFW −6.5 ptsMSFY −6.4 ptsXYZY −6.4 ptsHCOW −6.3 ptsAVGW −5.6 ptsNFLP −5.1 ptsAMZW −4.0 ptsSMCY −3.9 ptsAMZY −3.8 ptsSNOY −3.8 ptsBRKW −3.7 ptsHOOY −3.4 ptsAIYY −3.3 ptsTSLP −3.2 ptsFBY −2.7 ptsNVDW −1.4 ptsBRKC −1.3 ptsPYPY −1.2 ptsDRAY −0.7 ptsNVDY −0.2 ptsRBLY +0.9 ptsTSII +1.1 ptsGOOW +1.4 ptsMSFO +2.1 ptsNVII +2.5 ptsAAPW +2.6 ptsBABO +4.2 ptsNFLY +4.4 ptsPLTY +4.6 ptsCONY +5.1 ptsMSTY +5.3 ptsRDYY +5.5 ptsCVNY +7.2 ptsTSLY +7.5 ptsCRSH +23.2 ptsAMDW +58.4 ptsFIAT +60.8 ptsWNTR +78.8 ptsYSPY −6.3 ptsYSPY −6.3 pts−218.2 pts+78.8 pts

44.5% of the 64 sit at or below YSPY on this measure.

What happened to the principal
COYY −87.2%MSTW −85.9%RBLY −81.9%MSTY −79.7%COIW −77.9%MARO −77.0%AIYY −73.3%DRAY −73.2%RDYY −72.9%CONY −70.2%TSYY −70.1%SMCY −66.5%NFLW −65.0%BABO −57.9%HOOW −57.4%NFLY −57.3%HOOY −56.4%CVNY −54.5%NFLP −54.5%TSLW −54.2%GMEY −52.7%PYPY −52.7%NVYY −52.3%TSII −51.4%XYZY −51.4%WNTR −51.3%PLTW −50.7%TSLY −49.5%DIPS −47.3%METW −46.9%FIAT −45.5%PLTY −45.2%FBY −44.9%AMYY −44.7%AZYY −42.9%AVGW −42.1%CRSH −39.8%TQQY −35.4%TSLP −34.5%MSFW −33.1%AMZY −32.0%MSFO −29.9%AMZW −27.6%MSFY −25.4%SNOY −24.8%NVDW −22.8%NVDY −22.3%NVII −21.1%BRKW −16.9%GOOY −16.6%BRKC −15.6%AMZP −14.6%APLY −11.3%XOMO −10.0%TSMY −8.1%GOOW −3.7%HCOW −0.3%AAPW +7.9%GOOP +8.5%AAPY +19.2%AMDY +28.6%MRNY +93.6%AMDW +110.0%YSPY −25.0%YSPY −25.0%−87.2%+110.0%

69.5% of the 64 sit at or below YSPY on this measure.

Weighted evenly, those two positions are what the score combines, across the 64 income ETFs writing on a single company. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−6.3 pts44.550%
what happened to the principal−25.0%69.550%

All income ETFs ranked by this score · How it is computed

What a holder got

YSPY against SPYYSPY returned +10.3% with distributions reinvested against +16.6% for (SPY), a gap of −6.3 pts. Of that, 33.0% arrived as cash rather than price.+10.3%YSPY total return+16.6%(SPY)33.0% of it arrived as cash

Over the year to Sep 18, 2026, YSPY returned +10.3% with distributions reinvested and (SPY) returned +16.6%, so a holder came out behind it by 6.3 points. The lighter segment is the 33.0% that arrived as cash rather than as price.

Method

Period by period

YSPY over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSPYAhead or behind
3 months3.1%+0.1%+3.3%+2.3%+1.0 pts
6 months12.6%−0.3%+13.1%+18.0%−5.0 pts
1 year33.0%−25.0%+10.3%+16.6%−6.3 pts
Since launch48.6%−39.3%+17.0%+30.6%−13.6 pts

Method

In plain words

Since it launched on Feb 26, 2025, YSPY has returned +17.0% with distributions reinvested, against +30.6% for (SPY), and has paid out 48.6% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 10.2%. GraniteShares estimates that 87% of the distribution paid Jun 30, 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.

YSPY (GraniteShares YieldBOOST SPY ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategysynthetic covered call
Benchmark(SPY)
Paysweekly
Net assets (issuer page, as of Sep 18, 2026)$8m
Latest payout, annualized (ETFIQ)10.2%
Expense ratio (485BPOS XBRL, Oct 24, 2025)1.15%
Cash paid, last 12 months, over today’s price (ETFIQ)44.0%
LaunchedFeb 26, 2025
Return of capital, latest distribution (GraniteShares 19a-1 estimate)86.5%

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 YSPY paid over the last year?
Over the year to Sep 18, 2026, YSPY paid 33.0% of its starting price in cash distributions, while the price fell 25.0%.
Is YSPY ahead of SPY?
Over the year to Sep 18, 2026, with every distribution reinvested, YSPY returned +10.3% against +16.6% for (SPY), so a holder was behind it by 6.3 points.
How often does YSPY pay, and how much?
YSPY pays weekly. The latest distribution annualizes to 10.2% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
Is the YSPY distribution return of capital?
GraniteShares estimates 87% of the distribution paid Jun 30, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
What does YSPY cost?
The prospectus expense ratio is 1.15% 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.

Funds near this one

Where YSPY is written about

YSPY, 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.
Use this data, or open the live card

Open YSPY live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, YSPY, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/yspy Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources