GraniteShares YieldBoost TopYielders ETF (YBTY)

The GraniteShares YieldBoost TopYielders ETF (YBTY) is an exchange-traded fund from GraniteShares built around the firm's YieldBoost options-income strategy.

YieldBoost strategies generate income by selling put options, generally on leveraged ETFs tied to individual stocks, while holding Treasuries as collateral. This fund focuses on the stocks or underlying exposures that offer the highest option premiums, selecting the top-yielding candidates from a broader universe and adjusting the selection over time.

Premiums support regular distributions, but the fund's upside is limited to the premium earned, and it can suffer losses when the underlying stocks decline sharply.