Skip to content
Beacon

NUGYGraniteshares YieldBOOST Gold Miners ETF

Get incomeNewRanked #1,476 of 1,650 in this goal

Seeks to achieve 2 times (200%) the income generated from selling options on the NYSE Arca Gold Miners Index.

By Graniteshares · Launched 2025

Annual Cost

1.07%

#5,380 of 5,861 · expensive

Fund Size

$7M

#5,030 of 5,861 · small

Dividend YieldGoal

—

Track Record

9 months

#4,873 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$9,573-4.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

What it actually holds

By weight

Concentration

Top 9 holdings = 76.9% of fundconcentrated

Treasury Bill
44.6%
Treasury Bill
20.2%
Treasury Bill
12.7%
The Options Clearing CorporationNU15272P
0.3%
The Options Clearing CorporationNU15202P
0.1%
The Options Clearing CorporationNU15483P
0.0%
The Options Clearing CorporationNU16738P
-0.2%
The Options Clearing CorporationNU16435P
-0.3%
The Options Clearing CorporationNU16510P
-0.5%

Asset allocation

Cash
96.9%
Bonds
4.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-19.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks to achieve 2 times (200%) the income generated from selling options on the NYSE Arca Gold Miners Index.
Strategy
Actively manages an ETF that sells put options on the Underlying Leveraged ETF to generate income, targeting 2 times the premium from options on the NYSE Arca Gold Miners Index. Aims for weekly distributions, potentially treated as return of capital.
Inception date
November 17, 2025
Fund family
Graniteshares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

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

What's next?

You've looked at NUGY. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

See other funds for this goal

Data updated on 2026-08-04