GLDNNicholas Gold Income ETF
Seeks capital appreciation and current income.
Launched 2026
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#5,913 of 5,913 · expensive
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#5,913 of 5,913 · small
N/A
6 months
#5,178 of 5,913 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 87.2% of fundconcentrated
Risk 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 and current income.
- Strategy
- Actively manages a portfolio primarily invested in equity shares of Gold Industry Companies and U.S.-listed ETFs for gold exposure. The strategy includes options overlays to generate income and may invest in small-, mid-, and large-cap companies across U.S. and foreign markets, including emerging markets.
- Inception date
- February 18, 2026
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 2026-08-15