Tier 5 Analysis
Real Net Return Analysis
The truth behind 50%+ yields. We calculate what you actually made (distributions received minus NAV erosion) over the last 12 months.
What This Page Covers
- Real return rankings for Tier 5 high-yield ETFs.
- Yield vs NAV erosion analysis across recent 12-month windows.
- Winners, losers, and strategy pivots explained.
Updated Apr 4, 2026|Data: Yahoo Finance + SEC filings
Avg Stated Yield
1452.3%
Avg Real Return
+641.6%
Winners
20
Losers
10
Pivoted
0
New/Partial
16
How we calculate Real Return: NAV Change (price appreciation/depreciation) + Distributions Received, annualized. A fund showing 60% yield but -50% NAV change has a real return of only +10%.
Xmo= Less than 12 months of data available. Returns annualized from available period.
| # | Ticker | Stated Yield | NAV Change | Real Return | |
|---|---|---|---|---|---|
| 1 | Defiance Daily Target 2x Long MSTR ETF | 17488.5% | -31.2% | +17457.3% | |
| 2 | Defiance Daily Target 2X Long RKLB ETF | 202.4% | +552.0% | +688.8% | |
| 3 | GraniteShares YieldBOOST TSLA ETF | 179.9% | +4.0% | +319.0% | |
| 4 | GraniteShares PTIR ETF | 556.6% | +165.9% | +190.4% | |
| 5 | YieldMax Semiconductor Option Income | 125.5% | -21.8% | +173.4% | |
| 6 | SEMY5mo GraniteShares YieldBOOST Semiconductor ETF | 167.6% | +33.8% | +157.5% | |
| 7 | T-REX 2X Long HOOD Daily Target ETF | 572.4% | +110.4% | +140.5% | |
| 8 | Defiance Daily Target 2X Long HOOD ETF | 420.0% | +106.6% | +138.2% | |
| 9 | Defiance Daily Target 2X Long SOFI ETF | 309.1% | +62.6% | +125.8% | |
| 10 | COYY9mo GraniteShares YieldBOOST COIN ETF | 171.2% | -72.1% | +101.3% | |
| 11 | NUGY5mo GraniteShares 2x Long NUE Daily ETF | 125.0% | +5.8% | +87.9% | |
| 12 | SMYY7mo GraniteShares YieldBOOST SMCI ETF | 170.8% | -48.8% | +76.2% | |
| 13 | IOYY5mo GraniteShares YieldBOOST IONQ ETF | 190.7% | -74.1% | +67.8% | |
| 14 | Defiance Daily Target 2X Long RIOT ETF | 2489.0% | +20.4% | +52.3% | |
| 15 | BBYY6mo GraniteShares YieldBOOST BABA ETF | 132.1% | -36.5% | +46.8% | |
| 16 | HOYY7mo GraniteShares YieldBOOST HOOD ETF | 187.0% | -82.3% | +39.4% | |
| 17 | GraniteShares 2x Long UBER Daily ETF | 681.4% | +1.3% | +15.7% | |
| 18 | MAAY5mo GraniteShares YieldBOOST META ETF | 196.5% | -106.9% | +15.4% | |
| 19 | QBY4mo GraniteShares YieldBOOST QBTS ETF | 175.7% | -98.5% | +12.5% | |
| 20 | RGYY5mo GraniteShares YieldBOOST RGTI ETF | 183.0% | -84.5% | +11.7% | |
| 21 | T-REX 2X Long MSFT Daily Target ETF | 425.6% | -10.6% | -2.1% | |
| 22 | T-REX 2X Long RBLX Daily Target ETF | 129.0% | -21.6% | -19.4% | |
| 23 | T-REX 2X Long SNOW Daily Target ETF | 534.8% | -34.0% | -24.9% | |
| 24 | MTYY7mo GraniteShares YieldBOOST MSTR ETF | 177.4% | -110.3% | -37.9% | |
| 25 | HMYY4mo GraniteShares YieldBOOST HIMS ETF | 196.2% | -161.7% | -64.3% | |
| 26 | Defiance Daily Target 2X Long HIMS ETF | 147.1% | -86.5% | -86.4% | |
| 27 | SOUX10mo Defiance Daily Target 2X Long SOUN ETF | 449.3% | -93.8% | -90.2% | |
| 28 | CRWU9mo T-REX 2X Long CRWV Daily Target ETF | 328.7% | -99.6% | -96.7% | |
| 29 | GLXU8mo T-REX 2X Long GLXY Daily Target ETF | 533.7% | -120.2% | -115.1% | |
| 30 | SMUP9mo T-REX 2X Long SMR Daily Target ETF | 15922.2% | -133.1% | -131.8% |
Key Insights
The Yield Gap
The average stated yield of 1452% drops to a real return of +642% after accounting for NAV erosion.
Winners vs Losers
20 of 30 funds delivered positive real returns.
The Bottom Line
High-octane yields are often illusions. NAV erosion eats more than half the stated return on average.
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