Data as of .
GDXY vs NUGY: which paid, and which earned it?
GDXY and NUGY both write options for income.
What they hold in common
By the books each fund has filed, GDXY and NUGY hold 0% of their money in the same securities at the same weight.
| Only in GDXY | Only in NUGY |
|---|---|
| United States Treasury Note/Bond 2.375% 05/15/2027 19.70% | Treasury Bill 95.75% |
| United States Treasury Bill 07/08/2027 19.25% | Treasury Bill 4.25% |
| United States Treasury Bill 02/18/2027 18.14% | |
| United States Treasury Bill 12/10/2026 17.75% | |
| United States Treasury Bill 10/15/2026 16.50% | |
| GDX 11/20/2026 90.01 C 10.91% | |
| First American Government Obligations Fund 12/01/2031 2.73% | |
| GDX US 09/25/26 C100 0.27% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GDXY | NUGY | GDXY | NUGY | GDXY | NUGY | |
| 3 months | +13.5% | −2.3% | 13.8% | 14.3% | −2.2 pts | −18.0 pts |
| 6 months | +13.0% | −0.5% | 25.4% | 31.6% | −6.2 pts | −19.7 pts |
| 1 year | +18.4% | not published | 50.1% | not published | −21.4 pts | not published |
| Since launch | +68.9% | −3.1% | 86.5% | 52.9% | −94.5 pts | −30.3 pts |
| GDXY YieldMax(R) Gold Miners Option Income Strategy ETF Synthetic covered call on GDX, paying weekly | NUGY GraniteShares YieldBOOST Gold Miners ETF Synthetic covered call on GDX, paying weekly | |
|---|---|---|
| Issuer | YieldMax | GraniteShares |
| Strategy | synthetic covered call | synthetic covered call |
| Benchmark | Gold miners (GDX) | Gold miners (GDX) |
| Pays | weekly | weekly |
| Payout rate, annualized | 50.0% | 58.4% |
| Expense ratio | 1.00% | 1.07% |
| Cash paid, 1 year | 50.1% | 52.9% (since launch on Nov 18, 2025) |
| Price change, 1 year | −33.1% | −52.4% |
| Total return, 1 year | +18.4% | −3.1% (since launch on Nov 18, 2025) |
| Benchmark return, 1 year | +39.8% | +27.1% |
| Ahead or behind | −21.4 pts | −30.3 pts |
| Return of capital, latest estimate | 95% | 96% |
| Age | 850 days | 304 days |
| Net assets | $329m | $6m |
GDXY in plain words
Over the year to Sep 18, 2026, GDXY paid 50.1% of its starting value in cash distributions while its price fell 33.1%. With every distribution reinvested, the fund returned +18.4%. Gold miners (GDX) returned +39.8% over the same days, so a holder was behind by 21.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 50.0%, paid weekly. YieldMax estimates that 95% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
NUGY in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, NUGY paid 52.9% of its starting value in cash distributions while its price fell 52.4%. With every distribution reinvested, the fund returned −3.1%. Gold miners (GDX) returned +27.1% over the same days, so a holder was behind by 30.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 58.4%, paid weekly. GraniteShares estimates that 96% of the distribution paid Aug 25, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, GDXY or NUGY?
- GDXY charges 1.00% a year and NUGY charges 1.07%, so GDXY is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GDXY against NUGY, data as of Sep 18, 2026. https://etfiq.com/compare/income/gdxy-vs-nugy Free to use with attribution; the underlying files are at Open data.