Key stats
About Simplify Exchange Traded Funds Simplify Gold Strategy PLUS Income ETF
Home page
Inception date
Dec 2, 2024
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
YGLD aims to provide 1.5x leveraged exposure to gold while generating monthly income by blending gold futures and options strategy. The futures strategy involves investing over 25% of the assets in front-month gold futures contracts, targeting up to 150% exposure to gold at the start of each quarter, with quarterly rebalancing. Positions are rolled into longer-maturity ones before expiration. The options strategy involves a spread-writing options overlay, selling short-term put and call options on equity, fixed-income, and currency ETFs. These options are typically held for less than a month to benefit from rapid time decay, with further out-of-the-money options purchased to hedge against major price swings. To secure positions, it holds US Treasury securities, money market funds, fixed-income ETFs, and investment-grade corporate debt as collateral. The fund limits OTC counterparty exposure to 25%. A Cayman Island subsidiary is used to hold gold futures.
Classification
What's in the fund
Exposure type
Government
Mutual fund
Bonds, Cash & Other100.00%
Government70.27%
Mutual fund27.46%
Rights & Warrants1.75%
Cash0.52%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
YGLD trades at 34.64 USD today, its price has fallen −1.61% in the past 24 hours. Track more dynamics on YGLD price chart.
YGLD net asset value is 34.63 today — it's fallen 0.11% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
YGLD assets under management is 28.76 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
YGLD price has fallen by −1.80% over the last month, and its yearly performance shows a 38.43% increase. See more dynamics on YGLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.11% over the last month, have fallen by −0.11% over the last month, showed a 24.66% increase in three-month performance and has increased by 47.03% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.11% over the last month, have fallen by −0.11% over the last month, showed a 24.66% increase in three-month performance and has increased by 47.03% in a year.
YGLD fund flows account for 19.00 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
YGLD invests in bonds. See more details in our Analysis section.
YGLD expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, YGLD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, YGLD pays dividends to its holders with the dividend yield of 1.70%.
YGLD trades at a premium (0.46%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
YGLD shares are issued by Simplify Asset Management, Inc.
YGLD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 2, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.