YieldMax Gold Miners Option Income Strategy ETF
CThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$8.84+0.17 (+1.96%)
- 1.00%
- $256M
- −2.7%
- 81.64%
- 702K sh
- low $8.53high $18.89
The ETF.net GDXY Grade
C
Score 44 out of 100
- 6 of 12
Score 44 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D37 out of 100Rank 7 of 12Mission
Whether the fund did what it promised, tested against its stated mandate.D37 out of 100Rank 5 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 6 of 12Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 5 of 12Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 3 of 12
Our read on GDXY
In short
CMost gold-income funds write options on bullion. GDXY writes call spreads on the miners instead, collecting premium while leaving room to participate when the shares run past the spread. The option-income playbook, pointed at gold's equity cousin.
Stated mandate
GDXY seeks weekly income by selling call spreads on the VanEck Gold Miners ETF (GDX), while retaining participation in GDX share-price appreciation.
Why people hold it
Worth knowing
GDXY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
GDXY$9,733
Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GDXY |
|---|---|
| Year to date | −13.6% |
| 1 month | −8.6% |
| 3 months | +6.3% |
| 1 year | −2.7% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GDXY |
|---|---|---|
| 2026 YTD | −13.6% | |
| 2025 | +88.3% | |
| 2024 | −11.7% |
GDXY in the news
GDXY Dividends
- 81.64%
- $7.22
- $0.07 per share
- Weekly
GDXY Risk
- 34.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.50
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −36.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
GDXY Cost
Overpaying vs YGLD, cheapest in Gold & Metals Option Income
$7,968
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
GDXY 1.00%
$18,688
YGLD 0.54% Cheapest
$10,720
Cost over time
Year by year
| Year | GDXY | YGLD | Overpaying |
|---|---|---|---|
| 10 | $1,763 | $971 | $792 |
| 20 | $6,625 | $3,724 | $2,901 |
| 30 | $18,688 | $10,720 | $7,968 |
Other funds in Gold & Metals Option Income
- CKGLDKurv Gold Enhanced Income ETFExpense ratio 0.99%1 year return −3.4%
- CYGLDSimplify Gold Strategy PLUS Income ETFExpense ratio 0.54%1 year return −21.2%
- CGOLYStrategy Shares Gold Enhanced Yield ETFExpense ratio 0.90%1 year return −25.7%
- CKSLVKurv Silver Enhanced Income ETFExpense ratio 0.99%1 year return −2.9%
- CSLVYFT Vest Silver Strategy & Target Income ETFExpense ratio 0.85%1 year return
