The VanEck Gold Miners ETF is a diversified bet on gold miners. The YieldMax Gold Miners Option Income Strategy ETF adds a layer of very attractive weekly cash distributions on top of diversified gold miner exposure. I share why GDX is a superior ETF to GDXY.
In 2025, gold has felt like one of the most unstoppable assets in financial markets. The yellow metal has been reaching new all-time highs repeatedly.
Generating a notable amount of monthly income can look like a daunting task.
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The company in discussion is a specialized investment fund focusing on the gold mining sector. It dedicates a substantial portion of its assets, at least 80%, to invest in common stocks and depositary receipts of companies engaged in the gold mining industry. This investment strategy aims to leverage the growth and potential profitability within the mining for gold and silver. The fund adheres to a modified market-capitalization weighted index, which prioritizes publicly traded companies active in the gold and silver mining sectors. Given its specialized investment focus, the fund operates as a non-diversified entity, concentrating its investments in the niche market of gold and silver mining companies.
The fund offers a focused investment product characterized by two main components: