IAUI vs YGLD

IAUIANEOS Gold High Income ETF

YGLDCSimplify Gold Strategy PLUS Income 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.

YGLD Most gold-income ETFs sell calls on gold and cap its upside. YGLD flips it: up to roughly 150% gold exposure via futures, with the income coming from option spreads written on other ETFs. 0.62% a year, below the category norm.

Stated mandate

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

YGLD The Fund seeks income and capital appreciation through an actively managed gold futures strategy and an income-generating options strategy.

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.

• YGLD The income is not carved out of gold's upside. Rather than selling calls on gold, the fund writes put and call spreads on equity, bond and currency ETFs, and distributes monthly.sec.gov
• At 0.62% it undercuts every peer at the top of the gold-income group: IAUI at 0.79%, SLJY at 0.76%, IGLD at 0.85%, KGLD at 0.99%. Gross and net are the same figure, with no waiver holding it down.
• Futures carry the gold exposure, targeting about 150% per dollar at the start of each quarter and resetting quarterly, not daily. No daily compounding reset to track.sec.govsimplify.us

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.

• YGLD Leverage works in both directions. At roughly 150% exposure a drop in gold lands harder, and since the reset is quarterly, actual exposure drifts above or below that target in between.simplify.us
• The options sleeve carries its own separate risk: a written spread can lose up to the gap between its two strike prices, on ETFs that have nothing to do with gold.simplify.us
• Plumbing to know: up to 25% of assets sits in a wholly owned Cayman subsidiary outside 1940 Act protections, and this is one of the smaller, lighter-traded funds in its category.sec.gov

Full IAUI profile⁠

Full YGLD profile⁠