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GOLY

GradeCChicago Board Options Exchange

Strategy Shares Gold Enhanced Yield ETF

Option Income · Strategy Shares · Inception 2021-05-17

$25.11−0.91 (−3.50%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 22 prints from 26.02 to 25.11. Range 25.11 to 25.59. Use the arrow keys to read each point.$25.20$25.40$25.6010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$81M
1Y return
−13.5%
Yield · Last 12 months
8.32%
Volume · 30D
0M sh
NAV per share
$25.99
52W range
low $24.14high $41.72

The ETF.net GOLY Grade

C

50/ 100

Rank 6 of 12 in Gold & Metals Option Income

Confidence High

Six-pillar profile for GOLY. Scores out of 100: Cost 75, Risk 32, Mission 37, Tradability 47, Holdings 46, Durability 56. Strongest: Cost (75). Weakest: Risk (32). Leans toward Cost.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 50 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 75
    Category rank3/12 · top 25%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    DScore 37
    Category rank5/6 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 32
    Category rank9/11 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 47
    Category rank7/12 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 46
    Category rank3/6 · top 50%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 56
    Category rank4/12 · top 33%

Graded as of Sep 22, 2026

Our read on GOLY

ETF.net Research

CMost gold income funds sell calls and cap the upside. GOLY runs the other way: a corporate bond portfolio does the paying, while a swap-based gold overlay rides on top with its upside intact.

Stated mandate

The fund seeks both income and long-term capital appreciation.

Why people hold it

  1. 01The income engine is bonds, not sold calls. Corporate bonds and Treasuries generate the cash flow while the gold overlay sits on top, keeping its upside.strategysharesetfs.comstrategysharesetfs.com
  2. 02Fee runs below the median for gold income funds, matching IAUI and undercutting IGLD and GDXY.
  3. 03By design, roughly full bond exposure plus a full notional gold overlay, with a commodity basket layered on top. Distributions land monthly.strategysharesetfs.com

Worth knowing

  1. 01Stacking cuts both ways: bonds and gold are both fully in play at once, so a bad month for rates and metals together hits harder than either sleeve alone.strategysharesetfs.com
  2. 02The current fund is young. Name and strategy changed in January 2025, so earlier performance reflects a different mandate.strategysharesetfs.comsec.gov
  3. 03Trades lightly next to mainstream gold ETFs, so spreads can widen and limit orders matter.

GOLY Holdings

As of Sep 20, 2026, 9:24 AM
Asset class
Other
Holdings
Top-10 weight
200%
Largest holding
RECV GOLY TRS BNPIG0GC87.4%

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001RECV GOLY TRS BNPIG0GC87.38%107,744$75M1
002LQDISHARES IBOXX $ INVESTMEN22.36%182,397$19M4
003SPIBSTATE STREET SPDR PORTFOL20.79%544,098$18M2
004USIGISHARES BROAD USD INVESTM20.13%346,670$17M3
005IGIBISHARES 5-10 YEAR INVESTM20.03%333,690$17M4
006PAYB GOLY TRS BCKTGOL3 EQ12.27%2,469$10M1
007UNITED STATES 0% 03/18/274.82%4,200,000$4M9
008SSGH FUND LTD CFC4.51%253,182$4M1
009VCITVANGUARD INTERMEDIATE-TER3.67%39,372$3M9
010SCHISCHWAB 5-10 YEAR CORPORAT3.67%143,718$3M4
011US T-BILL DN 8/5/20272.25%2,000,000$2M10
012CASH AND CASH EQUIVALENTS0.91%780,054$780K120

Showing 1–12 of 12 holdings

GOLY Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GOLY$8,647
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GOLY $8,647. SPY $11,723. Use the arrow keys to read each point.$7,640$10,496$13,351Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for GOLY. Periods over one year show the average yearly return.
PeriodGOLY
Year to date−22.7%
1 month−6.9%
3 months+1.2%
1 year−13.5%
3 years+18.0%per year
5 years+6.0%per year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GOLY
YearReturn barGOLY
2026 YTD−22.7%
2025+58.0%
2024+19.8%
2023+12.7%
2022−19.9%
2021−1.3%

History from May 18, 2021

GOLY in the news

ETF.net Research hasn’t filed on GOLY yet — coverage lands here as it’s written.

GOLY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
8.32%Last 12 months
Payout per share
$2.16Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 13, 2023 $0.05; Feb 13, 2023 $0.05; Mar 13, 2023 $0.05; Apr 14, 2023 $0.05; May 11, 2023 $0.05; Jun 13, 2023 $0.05; Jul 14, 2023 $0.05; Aug 11, 2023 $0.05; Sep 14, 2023 $0.05; Oct 12, 2023 $0.05; Nov 13, 2023 $0.05; Dec 13, 2023 $0.06; Jan 12, 2024 $0.06; Feb 13, 2024 $0.06; Mar 13, 2024 $0.06; Apr 11, 2024 $0.07; May 13, 2024 $0.07; Jun 13, 2024 $0.06; Jul 12, 2024 $0.07; Aug 13, 2024 $0.07; Sep 13, 2024 $0.10; Oct 11, 2024 $0.10; Nov 13, 2024 $0.10; Dec 12, 2024 $0.11; Jan 14, 2025 $0.10; Feb 13, 2025 $0.11; Mar 13, 2025 $0.11; Apr 11, 2025 $0.11; May 13, 2025 $0.12; Jun 12, 2025 $0.30; Jul 14, 2025 $0.27; Aug 13, 2025 $0.22; Sep 12, 2025 $0.18; Oct 14, 2025 $0.14; Nov 13, 2025 $0.14; Dec 11, 2025 $0.14; Dec 29, 2025 $0.58; Jan 14, 2026 $0.15; Feb 12, 2026 $0.16; Mar 12, 2026 $0.16; Apr 14, 2026 $0.13; May 13, 2026 $0.12; Jun 11, 2026 $0.11; Jul 14, 2026 $0.11; Aug 13, 2026 $0.11; Sep 14, 2026 $0.11. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 14, 2026Sep 15, 2026$0.11
Aug 13, 2026Aug 14, 2026$0.11
Jul 14, 2026Jul 15, 2026$0.11
Jun 11, 2026Jun 12, 2026$0.11
May 13, 2026May 14, 2026$0.12
Apr 14, 2026Apr 15, 2026$0.13
Mar 12, 2026Mar 13, 2026$0.16
Feb 12, 2026Feb 13, 2026$0.16
Jan 14, 2026Jan 15, 2026$0.15
Dec 29, 2025Dec 30, 2025$0.58
Dec 11, 2025Dec 12, 2025$0.14
Nov 13, 2025Nov 14, 2025$0.14

GOLY Risk

How much the fund’s monthly returns vary, scaled to a year.
25.7%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.62
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−38.0%
Trough Jul 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.57
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GOLY Cost

Expense ratio0.79%
  • The middle half of Gold & Metals Option Income funds
  • Median 0.93%

2 of the 12 Gold & Metals Option Income funds charge less.

GOLY costs $79.00 a year on $10,000. The median Gold & Metals Option Income fund costs $92.50.