GLDNNicholas Gold Income ETF
Seeks capital appreciation.
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#5,606 of 5,606 · expensive
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#5,606 of 5,606 · small
N/A
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#5,606 of 5,606 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundRisk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks capital appreciation.
- Strategy
- Actively managed ETF primarily seeks capital appreciation with a secondary objective of current income. Invests in equity shares of Gold Industry Companies, provides exposure to U.S.-listed ETFs and products related to gold, and generates options premiums through various strategies. The Fund may invest in small-, mid-, and large-cap companies, including those in foreign markets and emerging markets. It may also invest in cash or U.S. Treasuries as collateral for derivatives transactions. The Fund expects to allocate assets across its strategies, with a high annual turnover rate.
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-29