YGLD

Simplify Gold Strategy PLUS Income ETF

$43.47

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Simplify Gold Strategy PLUS Income ETF (YGLD) seeks to provide exposure to gold while also generating income through the use of options strategies.

Overview

ETF tracking Simplify Gold Strategy PLUS Income ETF

Category Commodities

Issuer Other

Inception Date 2024-12-03

Market Cap $42.4M

Average Volume N/A

Dividend Yield 3.80%

52-Week Range $23.39 - $48.61

VWAP $43.29

Performance

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Investment Summary

📎 Investment Objective

The Simplify Gold Strategy PLUS Income ETF (YGLD) seeks to provide exposure to gold while also generating income through the use of options strategies.

🎯 Investment Strategy

YGLD invests in physical gold and gold futures to provide exposure to the gold market. The fund also utilizes an options-based strategy to generate income, which may include covered call writing and other options-based approaches.

✨ Key Features

Provides exposure to the gold commodity market
Aims to generate additional income through options strategies
Actively managed fund that may adjust its investment approach based on market conditions
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Commodity risk: The value of the fund's gold-related investments may fluctuate due to changes in the gold market
Options risk: The options-based strategies employed by the fund carry the risk of potential losses and may not generate the expected income
Liquidity risk: The fund may have difficulty buying or selling certain investments, particularly in volatile or uncertain market conditions
Management risk: The fund's performance depends on the skill and decisions of the investment manager

👤 Best For

YGLD may be suitable for investors seeking exposure to the gold market along with the potential for additional income generation. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with commodity and options-based investments.