ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
GraniteShares is known for offering specialized ETF strategies that extend beyond traditional equity and bond investing, particularly through structured products and income-focused solutions. The firm manages 48 ETFs organized around distinct fund families including Autocallable products, Commodities, Income strategies, Leveraged exposures, and their YieldBOOST line designed to enhance distributions. GraniteShares targets investors seeking alternative income generation methods and commodity access, with popular tickers like AHD, CRY, and FBL representing their diverse approach to yield enhancement and alternative asset classes.
See our curated list of related YouTube videos on MAAY.
Seeks to provide weekly income through selling near-the-money put spreads on leveraged ETFs linked to Mastercard, with built-in risk control through the put spread collar structure.
Asset class
Equity
Equity
Inception date
05/25/2006
11/04/2025
Beta
0.738
1.0231
Last dividend
$0.8700
$0.1250
Ex-dividend date
07/09/2026
11/07/2025
Most used
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Want to go deeper?
Add these ETFs to a sample portfolio and forecast your dividend income over 5+ years — no signup required.
Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
MA has been the steadier holding, though — annualized volatility of 23.6% against 29.6% for MAAY. Figures are total returns: price change plus every distribution reinvested.
Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of June 23, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Nov 2025” measures every fund from November 4, 2025 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the shared window since Nov 2025. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the shared window since Nov 2025) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Quick verdict
MA (Mastercard Inc.) is a stock, while MAAY (GraniteShares YieldBOOST MA ETF) is an ETF — they take fundamentally different approaches.
MAAY offers the higher yield at 95.67% vs 0.67% for MA. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
Deep dive
Yield & income
On a $10,000 investment, MA would generate roughly $5.58/month, while MAAY would produce $797.25/month, at current distribution rates.
MA yield0.67%
MAAY yield95.67%
Monthly diff on $10K$791.67
Cost & efficiency
Over 10 years on $10,000, MA would cost approximately $0 in fees vs $1,070 for MAAY (simplified, not compounded). The $1,070.00 difference may be offset by yield or performance.
MA ER—
MAAY ER1.07%
Strategy & risk
MA is a stock, while MAAY tracks Mastercard (MA) with a basket approach. Beta is 0.738 for MA and 1.0231 for MAAY, indicating MA is less volatile relative to the market.
MA beta0.738
MAAY beta1.0231
Fund details
MA is managed by — (launched 05/25/2006) with — in assets. MAAY is managed by GraniteShares (launched 11/04/2025) with $2.63M in assets.
Do us a favor — if you found this comparison useful, please share it with a friend researching dividend ETFs.
Frequently asked questions
Is MA or MAAY better for dividend income?
It depends on your goals. MAAY currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between MA and MAAY?
MA (Mastercard Inc.) is a stock, while MAAY (GraniteShares YieldBOOST MA ETF) tracks Mastercard (MA) with a basket approach. They are issued by — and GraniteShares respectively.
Can I hold both MA and MAAY?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, MA or MAAY?
MA has an expense ratio of — while MAAY charges 1.07%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in MA vs MAAY generate?
At current rates, $10,000 in MA would generate roughly $5.58 per month ($67.00 annually). The same in MAAY would produce about $797.25 per month ($9,567.00 annually).
Which has performed better historically, MA or MAAY?
MA has been the steadier holding, though — annualized volatility of 23.6% against 29.6% for MAAY. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
Explore related screeners
Lateral filters that include these funds — browse the full peer set on DividendVision.
Start a free Dividend Vision account to project monthly income, track overlap across holdings, and compare these funds against anything else in your portfolio.
