GraniteShares YieldBoost RIOT ETF

Frequently Asked Questions About RTYY

What does RTYY invest in?

The core objective of this Fund is to generate an income stream equivalent to twice (200%) the yield from writing options on Riot Platforms, Inc. (NASDAQ: RIOT). This is achieved by selling options on a specialized, leveraged exchange-traded fund (ETF) that is specifically designed to amplify the daily performance of RIOT by a factor of two (200%). Additionally, the Fund seeks to participate in the returns of this underlying leveraged ETF, though any potential investment gains will be capped. The strategy may also incorporate measures for downside protection, which could influence the ultimate net income realized by the Fund.

What is the expense ratio of RTYY?

GraniteShares YieldBoost RIOT ETF (RTYY) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations.

What is RTYY's distribution yield?

RTYY's trailing-twelve-month yield is 132.09%, calculated from the sum of distributions over the past year divided by the current price. A rate this high reflects large option-premium distributions against a NAV that has declined over the same period — part of each payout may be return of capital rather than earned income.

How does RTYY's covered-call strategy work?

RTYY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is RTYY?

GraniteShares YieldBoost RIOT ETF (RTYY) manages $3.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is RTYY actively managed or an index fund?

RTYY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.