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GraniteShares YieldBOOST AMD ETF
📎 Investment Objective
The GraniteShares YieldBOOST AMD ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the GraniteShares YieldBOOST AMD Index.
Overview
ETF tracking GraniteShares YieldBOOST AMD ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The GraniteShares YieldBOOST AMD ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the GraniteShares YieldBOOST AMD Index.
🎯 Investment Strategy
The ETF uses a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index is composed of AMD stock and an options overlay strategy that aims to generate additional income through the sale of call options on the AMD stock.
✨ Key Features
- Provides exposure to AMD stock with an options overlay strategy to potentially boost yield
- Passively tracks the GraniteShares YieldBOOST AMD Index
- Low expense ratio of 0.00%
- Limited performance history as the fund is relatively new
⚠️ Primary Risks
- Equity risk: The value of the underlying AMD stock is subject to market fluctuations and may decline
- Options risk: The options overlay strategy may not generate the expected level of income and could result in losses
- Concentration risk: The fund is concentrated in a single stock, AMD, which increases volatility
- Liquidity risk: As a new fund, it may have lower trading volume and liquidity compared to more established ETFs
👤 Best For
This ETF may be suitable for investors seeking exposure to AMD stock with a potential yield enhancement through an options strategy. However, due to the fund's limited track record and concentration in a single stock, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.