Compare with GraniteShares YieldBOOST QQQ ETF
Key stats
Fund info
Home page
Inception date
Feb 26, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
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.
ISIN
US38747R6374
CUSIP
38747R637
FIGI
BBG01S55T4B8
Identifiers
ISIN US38747R6374
TQQY aims to pay weekly distributions using an actively managed put option writing strategy. The put options provide indirect exposure to the TQQQ ETF, which seeks to track 300% of the daily performance of the Nasdaq-100 Index. To generate income, the fund sells in- and out-of-the-money put options with 1-week to 1-month to expiration. Additionally, in a defensive posture, the fund may sell put spreads. FLEX, standardized exchange-listed options, and swaps may be used to execute the option strategy. The fund does not guarantee success and excludes direct investment in TQQQ, leaving potential losses without premium offset. The ETF provides an alternative, but aggressive, approach to income generation.
Classification
What's in the fund
Exposure type
Cash
Government
Breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TQQY trades at 12.11 USD today, its price has fallen −0.25% in the past 24 hours. Track more dynamics on TQQY price chart.
TQQY net asset value is 12.19 today — it's risen 0.76% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TQQY assets under management is 5.48 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TQQY price has fallen by −1.14% over the last month, and its yearly performance shows a −35.69% decrease. See more dynamics on TQQY price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.96% increase in three-month performance and has increased by 5.56% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.96% increase in three-month performance and has increased by 5.56% in a year.
TQQY fund flows account for 3.31 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TQQY invests in cash. See more details in our Profile section.
TQQY expense ratio is 1.15%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, TQQY is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TQQY technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TQQY shows the sell signal. See more of TQQY technicals for a more comprehensive analysis.
Today, TQQY technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TQQY shows the sell signal. See more of TQQY technicals for a more comprehensive analysis.
Yes, TQQY pays dividends to its holders with the dividend yield of 55.30%.
TQQY shares are issued by GraniteShares, Inc.
TQQY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 26, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.