YieldMax Gold Miners Option Income Strategy ETF

GDXY

Market cap $255M

GDXY is an actively managed ETF built around a synthetic covered call strategy on GDX. The weekly distribution depends on implied volatility, and the price follows GDX with a cap on the upside. Kurtosis is increasing, and skew is elevated: positive elements for the strategy's premiums.

CHICAGO and MILWAUKEE and NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced distributions for the YieldMax® Group 2 weekly pay ETFs. Group 2 Distribution Announcement Ex.

YieldMax Gold Miners Option Income Strategy ETF offers a high dividend yield but only partially participates in gold's upside due to its capped option strategy. GDXY's total return since inception is 66%, with a current yield around 51.2%, but its share price has declined 17.8%, highlighting reliance on distributions. The fund employs a synthetic option strategy, writing calls on GDX without owning it, increasing risk and capping upside while exposing investors to full downside.

CHICAGO and MILWAUKEE and NEW YORK, Dec. 31, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced distributions for the YieldMax® Group 2 weekly pay ETFs.

CHICAGO and MILWAUKEE and NEW YORK, Dec. 24, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced distributions for the YieldMax® Group 2 weekly pay ETFs.

YieldMax Gold Miners Option Income Strategy ETF received a Hold rating due to concerns about its aggressive options positioning. GDXY has significantly underperformed both its uncapped underlying asset, but also other funds (in shorter-term periods than its inception to be fair) that offer similar exposure. For investors prioritizing immediate, high income without selling shares, GDXY may offer a reasonable tradeoff despite lagging total returns. The only way to make the strategy attractive is to DRIP.

CHICAGO and MILWAUKEE and NEW YORK, Dec. 10, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced distributions for the YieldMax® Group 2 weekly pay ETFs. Group 2 Distribution Announcement Ex.

CHICAGO and MILWAUKEE and NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced distributions for the YieldMax® Group 2 weekly pay ETFs. Group 2 Distribution Announcement Ex.

YieldMax Gold Miners Option Income Strategy ETF is designed to generate income via covered calls on the VanEck Gold Miners ETF. GDXY offers robust distributions in the current gold bull market, though upside is limited due to the nature of covered call strategies. I rate GDXY as a hold, expecting a better entry point soon, but see continued solid income potential for at least the next year.

CHICAGO and MILWAUKEE and NEW YORK, Oct. 22, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced distributions for the YieldMax® Group 2 weekly pay ETFs. Group 2 Distribution Announcement Ex.