GraniteShares YieldBoost QBTS ETF (QBY)

The GraniteShares YieldBoost QBTS ETF is an income-oriented options fund from GraniteShares. Its returns are linked to D-Wave Quantum, the quantum computing company traded under the ticker QBTS.

The YieldBoost strategy aims to generate high current income by selling options tied to leveraged exposure on the underlying stock, collecting option premiums that are distributed to shareholders, while holding Treasury securities as collateral. The fund does not own D-Wave shares directly, and its income comes at the cost of limited upside and full exposure to sharp declines.

It trades on the Nasdaq under the ticker QBY and typically makes frequent distributions.