GraniteShares is betting that investors want income from some of the market's hottest sectors without actually owning the stocks themselves. The firm just launched two new ETFs that use options strategies to generate cash flow while targeting semiconductors and gold miners.
Meet the GraniteShares YieldBOOST Semiconductor ETF (SEMY) and the GraniteShares YieldBOOST Gold Miners ETF (NUGY). Both funds follow the same playbook: they sell put options on leveraged ETFs tied to their respective sectors, collecting premiums in the process. It's a way to earn income linked to sector performance without directly holding chipmakers or mining companies.
SEMY targets the semiconductor industry, which has been riding massive momentum from artificial intelligence, data centers, and digital infrastructure buildouts. Instead of buying shares of individual chip companies, the fund generates income by selling put options on a leveraged semiconductor ETF. You get exposure to the sector's ups and downs through option premiums rather than stock ownership.
NUGY applies the same structure to gold mining stocks, a sector investors often turn to as a hedge against inflation and economic uncertainty. The fund sells put options on a leveraged ETF that tracks the NYSE Arca Gold Miners Index, creating an income stream tied to broader commodity market movements and gold-focused equities.
According to GraniteShares, both ETFs share a common philosophy: deliver systematic options-based income, provide access to high-conviction market themes, and offer some potential downside protection through premium collection. The premiums collected from selling puts can act as a buffer if the underlying sector takes a hit.
These launches come right after GraniteShares added two more funds to its YieldBOOST lineup earlier this month: the GraniteShares YieldBOOST MARA ETF (MAAY) and the GraniteShares YieldBOOST IONQ ETF (IOYY). The firm is clearly building out a full family of options-focused ETFs designed to help investors tap into sector-specific income opportunities.
With SEMY and NUGY now in the mix, GraniteShares continues expanding its YieldBOOST suite, positioning these funds as tools for investors who want to generate income from targeted market themes through options strategies rather than traditional equity holdings.
