Data as of .
IAUI vs MINY: which paid, and which earned it?
IAUI and MINY both write options for income.
What they hold in common
By the books each fund has filed, IAUI and MINY hold 0% of their money in the same securities at the same weight.
| Only in IAUI | Only in MINY |
|---|---|
| United States Treasury Bill 77.67% | VanEck Rare Earth and Strategi 6.91% |
| Goldman Sachs Physical Gold ET 21.89% | Nucor Corp 6.53% |
| United States Treasury Bill 0.43% | Steel Dynamics Inc 6.05% |
| MP Materials Corp 5.63% | |
| Albemarle Corp 5.44% | |
| Cameco Corp 5.36% | |
| Uranium Energy Corp 4.99% | |
| Constellation Energy Corp 4.98% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| IAUI | MINY | IAUI | MINY | IAUI | MINY | |
| 3 months | +2.6% | −3.4% | 3.0% | 7.0% | −1.0 pts | +3.7 pts |
| 6 months | −1.4% | +5.6% | 5.8% | 15.3% | +1.6 pts | −1.4 pts |
| 1 year | +11.9% | not published | 14.1% | not published | −7.7 pts | not published |
| Since launch | +19.7% | −13.2% | 17.7% | 13.7% | −10.0 pts | −4.3 pts |
| IAUI NEOS Gold High Income ETF Option income on GLD, paying monthly | MINY YieldMax(R) Strategic Metals & Mining Portfolio Option Income ETF Synthetic covered call on XME, paying weekly | |
|---|---|---|
| Issuer | NEOS | YieldMax |
| Strategy | option income | synthetic covered call |
| Benchmark | Gold (GLD) | Metals and mining (XME), used as the proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 11.9% | 31.0% |
| Expense ratio | 0.79% | 1.01% |
| Cash paid, 1 year | 14.1% | 13.7% (since launch on Feb 27, 2026) |
| Price change, 1 year | −2.0% | −26.5% |
| Total return, 1 year | +11.9% | −13.2% (since launch on Feb 27, 2026) |
| Benchmark return, 1 year | +19.5% | −8.8% |
| Ahead or behind | −7.7 pts | −4.3 pts |
| Return of capital, latest estimate | 84% | 0% |
| Age | 470 days | 203 days |
| Net assets | $635m | $10m |
IAUI in plain words
Over the year to Sep 18, 2026, IAUI paid 14.1% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned +11.9%. Gold (GLD) returned +19.5% over the same days, so a holder was behind by 7.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.9%, paid monthly. NEOS estimates that 84% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
MINY in plain words
Over the period since launch on Feb 27, 2026 to Sep 18, 2026, MINY paid 13.7% of its starting value in cash distributions while its price fell 26.5%. With every distribution reinvested, the fund returned −13.2%. Metals and mining (XME), used as the proxy returned −8.8% over the same days, so a holder was behind by 4.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 31.0%, paid weekly. YieldMax estimates that 0% of the distribution paid Sep 17, 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, IAUI or MINY?
- IAUI charges 0.79% a year and MINY charges 1.01%, so IAUI 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, IAUI against MINY, data as of Sep 18, 2026. https://etfiq.com/compare/income/iaui-vs-miny Free to use with attribution; the underlying files are at Open data.