USGUSCF Gold Strategy Plus Income Fund
Seeks long-term investment results that correspond to the price of gold while generating dividend income.
By USCF Investments · Launched 2021
0.45%
#2,223 of 5,562 · average
$12M
#4,681 of 5,562 · small
26.20%
4 years
#2,533 of 5,562 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 3 holdings = -3.0% of fund✓ well diversified
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks long-term investment results that correspond to the price of gold while generating dividend income.
- Strategy
- Invests primarily in gold-related assets, including COMEX gold futures and Gold Warrants, to reflect gold price performance. Generates income by selling gold call options and earning collateral interest. The Fund is actively managed and not an index ETF.
- Inception date
- November 2, 2021
- Fund family
- USCF Investments
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
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 2026-06-19