GraniteShares YieldBOOST Financials ETF (FINY)

GraniteShares YieldBOOST Financials ETF (FINY) is an actively managed option-income exchange-traded fund from GraniteShares, launched in 2026. Its goal is to generate weekly income.

The fund does not own bank or insurance stocks directly. Instead, it sells put options on a separate exchange-traded fund that seeks three times the daily return of the S&P Financial Select Sector Index, collecting option premiums as its main source of income. The fund's assets are held largely in U.S. Treasury bills and cash as collateral for the options it writes.

Because the referenced fund is leveraged, the option premiums tend to be high, but the strategy is exposed to losses if the leveraged financials ETF falls sharply.