Simplify Gold Strategy PLUS Income ETF (YGLD) is an actively managed exchange-traded fund that seeks capital gains and income through a gold futures strategy combined with an income-generating options overlay. The fund employs gold futures contracts to target approximately 150% exposure to gold prices, while the options overlay involves writing short-term spreads on a variety of underlying assets, including equity, fixed income, and commodity indices or ETFs; it also invests through derivatives and other funds in public equity, fixed income, commodities, and currencies, with a wholly owned Cayman Islands subsidiary facilitating gold futures exposure. YGLD operates in the commodities-focused segment, primarily targeting precious metals with a focus on gold, and serves investors seeking leveraged gold exposure alongside income generation; it trades on NYSE Arca with assets under management of approximately $44 million, a net expense ratio of 0.50%, and is domiciled in the United States.
Issued and managed by Simplify Asset Management Inc., headquartered in Las Vegas, Nevada, with additional presence in New York, the firm was founded in 2020 to deliver institutional-grade alternative strategies via transparent, low-cost ETFs. Simplify Asset Management oversees a suite of options-based ETFs addressing portfolio risk and return challenges, regulated as a SEC-registered investment adviser.
Launched on December 2, 2024, YGLD represents Simplify's recent expansion into gold-enhanced income strategies amid rising demand for commodities-linked products. The ETF has delivered strong performance since inception, with year-to-date returns exceeding 100% as of late 2025, reflecting robust gold market conditions and effective options income generation. In September 2025, Simplify Asset Management announced a potential partnership with Streamex Corp. (NASDAQ: STEX) to explore integrating tokenized gold yield products into its ETF structures, signaling strategic innovation in digital asset and yield-enhanced gold offerings. No major acquisitions, funding rounds, or reorganizations specific to YGLD or Simplify were reported in the last 1-2 years beyond these developments.