GraniteShares YieldBOOST TSLA ETF (TSYY)
TSYY Price Chart
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TSYY ETF Profile
Key details and information about GraniteShares YieldBOOST TSLA ETF (TSYY).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
18 Dec 2024
Country
US
Description
The Fund's primary aim is to double (200%) the income earned from writing options on Tesla Inc. (TSLA). This is achieved by selling options on leveraged exchange-traded funds (ETFs) that are designed to deliver two times the daily performance of TSLA. A secondary goal is to capture the performance of these underlying leveraged ETFs, though any potential investment gains are capped. Furthermore, the fund has the option to implement downside protection measures, which might affect the overall net income generated.
TSYY ETF Performance
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