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YGLDSimplify Gold Strategy PLUS Income ETF

Get income1y track recordRanked #1,036 of 1,650 in this goal

Seeks income and capital appreciation.

By Simplify Asset Management · Launched 2024

Annual Cost

0.53%

#2,830 of 5,854 · average

Fund Size

$37M

#3,935 of 5,854 · small

Dividend YieldGoal

19.57%

Track Record

1 year

#3,874 of 5,854 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,364+13.6%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 123.4% of fundconcentrated

Simplify Exchange Traded Funds
69.9%
United States Treasury Bills
27.2%
United States Treasury Bills
10.9%
United States Treasury Bills
6.4%
United States Treasury Bills
3.7%
United States Treasury Bills
3.6%
COMMODITIES EXCHANGE CENTERGCM6
1.5%
DREYFUS TRSY OBLIG CASH MDTRXX
0.2%
THE OPTIONS CLEARING CORPORATIONSPXW 260618C07300000
0.1%
THE OPTIONS CLEARING CORPORATIONSPXW 260417C07275000
0.0%

Asset allocation

Other
60.2%
Bonds
46.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
42.4%High

Year-on-year price swings

Max drawdown
-43.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

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

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

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Data updated on 2026-08-03