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GraniteShares YieldBOOST SPY ETF (YSPY) Sharpe Ratio: 1.00

ETF · Currency in USD · Last updated Jun 26, 2026

The ETF aims to generate income by selling put options on leveraged ETFs linked to the 3x Long SPY Daily ETF.

YSPY's Sharpe Ratio of 1.00 indicates that for each unit of volatility, it generates 1.00 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 26, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

YSPY Sharpe Ratio Rank

YSPY Sharpe Ratio Rank: 29.530
Below Average

YSPY ranks above 29.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

YSPY Sharpe Ratio Market Positioning

The chart shows YSPY's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.12
  • Green zone (top 25%): 2.12 or higher
  • Top 1%: 6.82+
  • Median: 1.56 — half of all investments score higher

How it compares to other similar ETFs

The table compares GraniteShares YieldBOOST SPY ETF's Sharpe Ratio with other ETFs in the Leveraged Equities, Derivative Income category across multiple time periods, showing how YSPY's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 26, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
MULLGraniteShares 2x Long MU Daily ETF30.09
INTWGraniteShares 2x Long INTC Daily ETF12.22
SOXLDirexion Daily Semiconductor Bull 3X ETF8.03
KORUDirexion Daily South Korea Bull 3X Shares6.35
AMUUDirexion Daily AMD Bull 2X Shares5.31
AMDLGraniteShares 2x Long AMD Daily ETF5.31
AMDGLeverage Shares 2X Long AMD Daily ETF5.21
DLLLGraniteShares 2x Long DELL Daily ETF5.06
LABUDirexion Daily S&P Biotech Bull 3x Shares4.48
CHPYYieldMax Semiconductor Portfolio Option Income ETF4.22
YSPYGraniteShares YieldBOOST SPY ETF1.00

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows YSPY's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when YSPY consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does YSPY fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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