YGLDSimplify Gold Strategy PLUS Income ETF
Under normal market conditions, at the start of each quarter, the adviser selects gold futures so that the total value of economic gold exposure is up to approximately 150% of the net assets of the fund. To generate income, the fund employs an exchange traded and over-the-counter (“OTC”) option spread writing strategy on equity, fixed income, and currency ETFs. The fund is non-diversified.
Simplify Asset Management · Since 2024 (1 year)
0.53%
#2543 out of 5,332 ETFs
$55M
#3265 out of 5,332 ETFs
14.26%
1 year
#4050 out of 5,332 ETFs
Performance
1 Year
+37.5%
3 Years
N/A
5 Years
N/A
What's inside
Top holdings
Risk profile
40.8%
High
-34.2%
Worst peak-to-trough loss
N/A
N/A
Similar ETFs
Our 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
Data updated on 2026-05-05