GraniteShares YieldBOOST META ETF(NASDAQ:FBYY)

FBYY aims to pay monthly distributions based on the put option writing strategy. The ETF is actively managed, holding indirect exposure to META-leveraged ETFs. Meta Platforms, Inc. builds and operates social networking, communication, and virtual reality products, including Facebook, Instagram, WhatsApp, and Reality Labs, connecting billions of users globally. The fund seeks 200% of the daily percentage change of the META ETF, with capped gains. Regulatory constraints on risk might force strategy adjustments. The fund does not guarantee success and excludes direct investment in the META ETF, leaving potential losses without premium offset. The underlying META ETF targets 2x the daily stock performance, with long-term returns affected by daily rebalancing and compounding. The funds exposure ties closely to the interactive media and services industry due to the single underlying stock focus.