GraniteShares YieldBOOST TSM ETF

GraniteShares YieldBOOST TSM ETF is an exchange-traded fund designed to generate weekly income through options strategies. It primarily sells put options on leveraged ETFs that seek to deliver 2 times the daily performance of Taiwan Semiconductor Manufacturing Co Ltd (TSM), aiming to achieve 2 times the income from such options on the underlying stock. The fund employs a put spread strategy, selling near-the-money put options on these leveraged ETFs and buying further out-of-the-money puts to limit downside risk, providing built-in risk control without the fund itself being leveraged. This approach benefits from higher option premiums associated with leveraged products. As a secondary objective, it offers exposure to the performance of the underlying leveraged ETF, subject to a cap on potential gains, with possible downside protection that may impact net income levels. Distributions, which may include option premiums, dividends, capital gains, and interest, occur weekly. Launched in 2026, GraniteShares YieldBOOST TSM ETF forms part of the YieldBOOST series, targeting investors seeking enhanced yields from semiconductor sector exposure via TSM-linked strategies in the income-focused ETF market.