The GraniteShares YieldBOOST Semiconductor ETF (SEMY) seeks to generate income by employing a covered call strategy on leveraged semiconductor ETFs. With an AUM of $0.06 billion and an expense ratio of 1.07%, SEMY aims to provide 3 times the income generated from selling options on the Semiconductor Index (ICESEMI) by selling options on leveraged ETFs designed to deliver 3 times the daily performance of the Underlying Stock. SEMY's strategy also includes potential exposure to the performance of the Underlying Leveraged ETF, subject to a cap on potential investment gains, and may implement downside protection which could affect the net income level.
The GraniteShares YieldBOOST Semiconductor ETF (SEMY) seeks to generate income by employing a covered call strategy on leveraged semiconductor ETFs. With an AUM of $0.06 billion and an expense ratio of 1.07%, SEMY aims to provide 3 times the income generated from selling options on the Semiconductor Index (ICESEMI) by selling options on leveraged ETFs designed to deliver 3 times the daily performance of the Underlying Stock. SEMY's strategy also includes potential exposure to the performance of the Underlying Leveraged ETF, subject to a cap on potential investment gains, and may implement downside protection which could affect the net income level.
ETF Overview
The Fund’s primary investment objective is to achieve 3 times (300%) the income generated from selling options on Semiconductor Index. ( ICESEMI) (the “Underlying Stock”) by selling options on leveraged exchange-traded funds designed to deliver 3 times (300%) the daily performance of the Underlying Stock (the “Underlying Leveraged ETF”). The Fund’s secondary investment objective is to gain exposure to the performance of the Underlying Leveraged ETF, subject to a cap on potential investment gains. A downside protection may be implemented which could affect the net income level.
The GraniteShares YieldBOOST Semiconductor ETF (SEMY) offers a unique approach to investing in the semiconductor sector. Unlike traditional semiconductor ETFs that directly hold stocks of semiconductor companies, SEMY seeks to generate income by selling options on leveraged exchange-traded funds designed to deliver 3 times (300%) the daily performance of the Semiconductor Index (ICESEMI). The fund's primary objective is to achieve 3 times the income generated from these options. SEMY also aims to gain exposure to the performance of the Underlying Leveraged ETF, subject to a cap on potential investment gains. The fund's investment strategy may also incorporate downside protection, which could affect the net income level. SEMY's country exposure is currently 100% in Other. This ETF may be suitable for investors seeking income generation from the semiconductor sector through a more complex options-based strategy.
Risk Metrics
SEMY's 1.07% expense ratio is higher than the average equity ETF, which can create a drag on performance over time. As a covered call strategy on leveraged semiconductor ETFs, SEMY is exposed to the risks associated with both options trading and leveraged investments, potentially leading to amplified gains or losses. The fund's strategy includes potential exposure to the performance of the Underlying Leveraged ETF, subject to a cap on potential investment gains, and may implement downside protection which could affect the net income level. Given that the fund focuses on a specific sector (semiconductors) and employs a complex options strategy, it may exhibit higher volatility compared to broader market ETFs. The fund's concentration in a single country (Other: 100%) also increases risk.
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Risk Metrics
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Questions & Answers
What is SEMY and what does it track?
The GraniteShares YieldBOOST Semiconductor ETF (SEMY) is an exchange-traded fund that aims to generate income by employing a covered call strategy on leveraged semiconductor ETFs. SEMY seeks to achieve 3 times (300%) the income generated from selling options on the Semiconductor Index (ICESEMI) by selling options on leveraged exchange-traded funds designed to deliver 3 times (300%) the daily performance of the Underlying Stock. The fund's secondary investment objective is to gain exposure to the performance of the Underlying Leveraged ETF, subject to a cap on potential investment gains. A downside protection may be implemented which could affect the net income level. SEMY was incepted on 2025-11-18.
What is the expense ratio for SEMY?
The expense ratio for the GraniteShares YieldBOOST Semiconductor ETF (SEMY) is 1.07%. This means that for every $10,000 invested in the fund, $107 is used to cover the fund's operating expenses. While there isn't a specific category average available for covered call ETFs on leveraged semiconductor indexes, this expense ratio is generally higher than broad market equity ETFs, which often have expense ratios below 0.50%. the may be worth researching expense ratio as it can impact the overall returns of the fund over time.
What are the top holdings in SEMY?
As of 2026-03-15, SEMY's investment strategy involves selling options on leveraged exchange-traded funds designed to deliver 3 times (300%) the daily performance of the Semiconductor Index (ICESEMI). Therefore, SEMY does not hold individual stocks in semiconductor companies. Instead, it gains exposure through options on leveraged ETFs. The fund's country exposure is 100% in Other. Investors should review the fund's prospectus for a complete list of the underlying leveraged ETFs and options contracts used to implement its strategy.
Is SEMY a good long-term investment?
Whether SEMY is a suitable long-term investment depends on an investor's individual financial goals, risk tolerance, and investment horizon. SEMY's strategy of generating income through covered calls on leveraged semiconductor ETFs can provide potential income, but it also involves risks associated with options trading and leveraged investments. The fund's expense ratio of 1.07% should also be considered, as it can impact long-term returns. Past performance does not guarantee future results. Investors should carefully evaluate SEMY's strategy and risk profile before making a long-term investment decision.
How does SEMY compare to similar ETFs?
SEMY distinguishes itself through its unique strategy of generating income by selling options on leveraged semiconductor ETFs. Many semiconductor ETFs directly hold stocks of semiconductor companies. SEMY's AUM is $0.06 billion, which is relatively small compared to some of the larger, more established semiconductor ETFs. The expense ratio of 1.07% is also higher than many traditional semiconductor ETFs. Investors should compare SEMY's strategy, expense ratio, and AUM to those of other semiconductor ETFs to determine which fund best aligns with their investment objectives.
Does SEMY pay dividends?
As of 2026-03-15, the GraniteShares YieldBOOST Semiconductor ETF (SEMY) has a dividend yield of 0.00%. While the fund aims to generate income through its covered call strategy, the actual dividend payout may vary depending on market conditions and the fund's performance. Investors seeking regular income may want to consider other ETFs with a more consistent dividend history. The fund's primary objective is to achieve 3 times the income generated from selling options on the Semiconductor Index (ICESEMI).