PLYY
GraniteShares YieldBOOST PLTR ETF
📎 Investment Objective
The GraniteShares YieldBOOST PLTR ETF (PLYY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the GraniteShares YieldBOOST PLTR Index.
Overview
ETF tracking GraniteShares YieldBOOST PLTR ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The GraniteShares YieldBOOST PLTR ETF (PLYY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the GraniteShares YieldBOOST PLTR Index.
🎯 Investment Strategy
The ETF invests in a portfolio of securities designed to track the performance of the GraniteShares YieldBOOST PLTR Index, which is composed of Palantir Technologies Inc. (PLTR) common stock and an options overlay strategy intended to generate additional income.
✨ Key Features
- Exposure to Palantir Technologies Inc. (PLTR) common stock with an options overlay strategy
- Aims to generate additional income through the options overlay
- Low expense ratio of 0.00%
- Relatively new ETF with limited performance history
⚠️ Primary Risks
- Concentration risk as the ETF is focused on a single stock, Palantir Technologies Inc. (PLTR)
- Volatility risk due to the nature of the underlying stock and options strategy
- Liquidity risk as the ETF is relatively new and has low assets under management
- Tracking error risk as the ETF may not perfectly replicate the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking exposure to Palantir Technologies Inc. (PLTR) with an income-generating options overlay, and who have a higher risk tolerance and a longer investment horizon to potentially benefit from the strategy. However, due to the concentrated nature of the fund and its limited performance history, it may not be appropriate for all investors.