YGLDSimplify Gold Strategy PLUS Income ETF
Seeks income and capital appreciation.
By Simplify Asset Management · Launched 2024
0.53%
#2,737 of 5,562 · average
$44M
#3,692 of 5,562 · mid-size
16.85%
1 year
#3,966 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeStrategy
Option income
What it actually holds
By weightConcentration
Top 10 holdings = 101.5% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks income and capital appreciation.
- Strategy
- Actively managed ETF using a gold futures strategy for capital gains and an income-generating option strategy on equity, fixed income, and currency ETFs. Concentrated in gold futures, with up to 150% economic exposure. Employs short-term options writing to generate income, focusing on index-based ETFs. The Fund may invest in a wholly owned subsidiary for gold futures exposure. Limits net economic exposure to any one OTC counterparty to 25% of net assets. Holds collateral in cash-like instruments and high-quality short-term fixed income securities.
- Inception date
- December 2, 2024
- Fund family
- Simplify Asset Management
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