QBY – GraniteShares YieldBOOST QBTS ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to achieve 2 times (200%) the income generated from selling options on D-Wave Quantum, Inc.’s common share (NYSE: QBTS) (the “Underlying Stock”; to gain exposure to the performance of the Underlying Leveraged ETF, subject to a cap on potential investment gains is a secondary consideration. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to pay weekly distributions by selling put options on the Underlying Leveraged ETF, which provides exposure to 2 times the daily performance of the Underlying Stock. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
QBY	GraniteShares YieldBOOST QBTS ETF	ETF	Open	—	—	Nov 24, 2025	$2.08M	1.070%	—	—	—

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