GraniteShares YieldBOOST QQQ ETF
TQQY
NASDAQ Global Select- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 205 Hudson Street, 7th Floor New York NY United States of America 10013
- IPO Date
- Feb 26, 2025
- Website
- graniteshares.com
- Similar Companies
- Business
- GraniteShares YieldBOOST QQQ ETF (TQQY) operates as an exchange-traded fund that seeks to generate weekly income through systematic options strategies, primarily by selling put options on leveraged exchange-traded funds tracking the 3x Long Nasdaq-100 Index daily performance, such as ProShares UltraPro QQQ (TQQQ); its primary objective targets 300% of the income from options on the Nasdaq-100 Index (NASDAQ: QQQ), with a secondary goal of capped exposure to the underlying leveraged ETF's performance, potentially including downside protection mechanisms that may impact net income levels. GraniteShares, the ETF's issuer founded in 2016 and headquartered at 222 Broadway in New York, New York, specializes in innovative ETFs offering leveraged and inverse single-stock exposure, commodity funds including physically backed gold and platinum products, and a growing suite of YieldBOOST income-generating ETFs utilizing option-writing on leveraged single stocks and indices. The company distributes TQQY weekly, with recent distribution rates and 30-day SEC yields reflecting its options premium focus, excluding full option income in the latter metric, and targets investors seeking high current income alongside Nasdaq-100 related upside potential amid uncertain interest rates. TQQY launched in February 2025 as part of GraniteShares' expansion of its YieldBOOST family alongside YSPY, which applies similar options income strategies to S&P 500-linked leveraged ETFs, building on the suite's rapid growth to over $649.5 million in assets under management by late 2025. Subsequent developments include GraniteShares' September 2025 introductions of MTYY (YieldBOOST MSTR ETF) and PLYY (YieldBOOST PLTR ETF), extending the platform to leveraged options on MicroStrategy and Palantir, alongside weekly distribution announcements for TQQY and peers like COYY, TSYY, NVYY, and others through October 2025. In December 2025, GraniteShares further diversified with launches such as RTYY and HMYY targeting Riot Platforms and Hims & Hers Health via YieldBOOST methodologies, plus the 2x Long GOOGL Daily ETF (GOU), underscoring ongoing product innovation without noted partnerships, acquisitions, funding beyond its Series A totaling $3.5 million, or reorganizations in the past two years. These U.S.-listed ETFs cater to sophisticated retail and institutional investors focused on yield enhancement and thematic equity exposure across global stock exchanges.