IAUI vs NUGY

IAUIANEOS Gold High Income ETF

NUGYDGraniteShares YieldBOOST Gold Miners ETF

In short

IAUI Gold pays no dividend. IAUI's whole job is to change that: exposure to gold ETPs wrapped in a strategy seeking high monthly income, at 0.79% a year.

NUGY NUGY doesn't own gold or a single miner. It sells put options on a 2x daily gold miners ETF, harvesting premium from one of the most volatile corners of the gold trade, with only capped exposure to the leveraged fund itself.

Stated mandate

IAUI The Fund seeks high monthly income and potential appreciation through exposure to exchange-traded products that directly expose investors to gold.

NUGY NUGY seeks income by primarily selling put options on leveraged ETFs designed to track a 2x daily version of the Arca Gold Miners Index, with secondary capped exposure to that leveraged ETF.

Why people hold it

• IAUI Gold on its own throws off no cash. This fund seeks high monthly income from gold ETP exposure and distributes on a monthly cadence.neosfunds.com
• 0.79% a year, under the 0.99% median for its gold options-income cohort and below the miner-based route (GDXY at 1.00%, IGLD at 0.85%).
• The metal, not the miners: exposure runs through gold ETPs, so mine costs, labor strikes and company-level missteps stay out of the picture.neosfunds.com
• Sits among the strongest overall implementations in its gold-income peer group, and it changes hands with respectable volume for such a narrow niche.

• NUGY Unusual engine: income is generated by selling puts on a leveraged fund built to deliver 2x the daily move of gold miners, not by holding the miners.
• Anchored to a named, published benchmark, the Arca Gold Miners Index (GDM), so the underlying exposure is defined rather than discretionary.
• Standard 1940 Act fund wrapper: regular 1099 reporting, no K-1 to wait on at tax time.

Worth knowing

• IAUI One commodity, one story. No earnings or dividends sit underneath; the position lives and dies by the gold price.
• Distributions can include return of capital, which means part of a payout may be your own money handed back rather than income earned.neosfunds.com
• Launched in 2025, so the track record is short and any read on its risk profile rests on limited history.

• NUGY Fee of 1.07% sits above the gold-income cohort median and above peers such as IAUI (0.79%) and YGLD (0.53%).
• Selling puts swaps upside for premium: a miners rally largely passes the fund by, while a slide arrives through a 2x daily product.
• The issuer discloses payouts can include return of capital (principal coming back to you), and a late-2025 launch leaves a short track record.

Full IAUI profile⁠

Full NUGY profile⁠