GraniteShares YieldBOOST AMZN ETF (AZYY) is an actively managed exchange-traded fund that seeks to generate current income through options strategies, primarily by selling put options on leveraged exchange-traded funds designed to deliver 2 times (200%) the daily performance of Amazon.com, Inc. (NASDAQ: AMZN); the fund's secondary objective provides indirect exposure to the performance of the underlying leveraged AMZN ETF, subject to a cap on potential investment gains and possible downside protection measures that may impact net income levels. AZYY pays weekly distributions derived from option premiums, with an expense ratio of 1.07% and assets under management of approximately $754,000 as of late 2025; it does not invest directly in AMZN stock or the underlying leveraged ETF and remains non-diversified, concentrating risks in the broadline retail sector tied to AMZN's performance. GraniteShares YieldBOOST AMZN ETF trades on the NASDAQ exchange under the ticker AZYY (CUSIP: 38747R322).
Launched on September 16, 2025, as part of GraniteShares' expanding YieldBOOST lineup, AZYY represents a recent product introduction alongside the YieldBOOST AMD ETF (AMYY), building on the firm's YieldBOOST suite which surpassed $400 million in assets under management prior to these launches. In December 2025, GraniteShares announced two additional YieldBOOST fund-of-funds ETFs, further extending its options income strategies. The firm, founded in 2016 and headquartered at 222 Broadway in New York, New York, has grown rapidly to over $11 billion in total assets under management by October 2025, issuing leveraged, inverse, single-stock, commodity, and high-income ETFs across U.S. and European exchanges including the London Stock Exchange, Borsa Italiana, Euronext Paris, and Deutsche Börse.