Investment Objectives and Goals - GraniteShares YieldBOOST SPCX ETF |
Aug. 21, 2026 |
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| Prospectus [Line Items] | |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Fund’s primary investment objective is to achieve 2 times (200%) the income generated from selling options on Space Exploration Technologies Corp.’s common share (Nasdaq: SPCX) (the “Underlying Stock”) by selling options on leveraged exchange-traded funds designed to deliver 2 times (200%) 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.
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