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Defiance Gold Enhanced Options Income ETF (GLDY)
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Upturn Advisory Summary
08/14/2025: GLDY (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -0.75% | Avg. Invested days 43 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 17.15 - 19.20 | Updated Date 06/6/2025 |
52 Weeks Range 17.15 - 19.20 | Updated Date 06/6/2025 |
Upturn AI SWOT
Defiance Gold Enhanced Options Income ETF
ETF Overview
Overview
The Defiance Gold Enhanced Options Income ETF (GLDI) seeks to generate monthly income by investing in gold ETFs and employing a covered call strategy on those holdings. It focuses on providing enhanced income rather than direct exposure to changes in the price of gold.
Reputation and Reliability
Defiance ETFs is a relatively new issuer known for thematic ETFs. Their reputation is still developing, and their reliability depends on the performance and stability of their ETF offerings.
Management Expertise
The management team has experience in options strategies and ETF management, though the specific depth of expertise can vary among individuals.
Investment Objective
Goal
The ETF's primary goal is to generate monthly income for investors through a combination of gold ETF holdings and covered call options.
Investment Approach and Strategy
Strategy: The ETF employs a covered call strategy, writing call options on gold ETFs that it holds. This generates income from the option premiums but limits potential upside gains from gold price appreciation.
Composition The ETF holds gold ETFs and uses covered call options. The specific gold ETFs held can vary, but they are typically large, liquid funds that track the price of gold.
Market Position
Market Share: Insufficient data to provide accurate market share.
Total Net Assets (AUM): 36000000
Competitors
Key Competitors
- IAU
- GLDM
- BAR
- OUNZ
Competitive Landscape
The gold ETF market is highly competitive, dominated by large funds like IAU and GLDM. GLDI differentiates itself through its income-generating covered call strategy, which may appeal to income-seeking investors. However, it sacrifices some upside potential compared to pure gold ETFs. GLDI's disadvantage is it is new and has a small market share.
Financial Performance
Historical Performance: Historical performance data should be obtained from financial data providers like Bloomberg, Yahoo Finance, or ETF.com.
Benchmark Comparison: The ETF's performance should be compared to both the price of gold and to other gold ETFs to assess the impact of the covered call strategy.
Expense Ratio: 0.85
Liquidity
Average Trading Volume
Average trading volume data should be obtained from financial data providers like Bloomberg, Yahoo Finance, or ETF.com to determine how easily GLDI can be bought or sold.
Bid-Ask Spread
Bid-ask spread data should be obtained from financial data providers like Bloomberg, Yahoo Finance, or ETF.com to understand the cost of trading the ETF.
Market Dynamics
Market Environment Factors
Economic indicators, interest rates, inflation expectations, and geopolitical events can influence the price of gold and, therefore, the performance of GLDI.
Growth Trajectory
The ETF's growth depends on investor demand for income-generating gold investments and the effectiveness of its covered call strategy.
Moat and Competitive Advantages
Competitive Edge
GLDI's competitive advantage lies in its covered call strategy, which provides income in addition to gold exposure. This differentiates it from standard gold ETFs and may attract investors seeking yield. However, this also limits the potential upside if gold prices rise significantly. The ETF might be attractive to income-focused investors who are cautiously bullish on gold.
Risk Analysis
Volatility
The ETF's volatility will be influenced by both the volatility of gold prices and the covered call strategy. The covered call strategy can reduce volatility somewhat, but large price swings in gold can still impact the ETF.
Market Risk
The primary market risk is related to the price of gold. If gold prices decline, the ETF's value will also likely decline, although the income from covered calls can offset some of the losses.
Investor Profile
Ideal Investor Profile
The ideal investor for GLDI is someone seeking income from their gold investments and who is willing to give up some potential upside in exchange for that income.
Market Risk
GLDI is most suitable for investors seeking income and who are moderately bullish on gold, as the covered call strategy limits upside potential.
Summary
Defiance Gold Enhanced Options Income ETF (GLDI) offers income through covered calls on gold ETFs. Its competitive edge is its income-generating strategy, attractive to those seeking yield. While providing income, the covered call strategy caps upside potential and remains exposed to gold price volatility. This ETF is suited for income-seeking investors who are moderately optimistic about gold and understand the trade-off between income and potential gains.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ETF.com
- Yahoo Finance
- Bloomberg
- Defiance ETFs Website
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Defiance Gold Enhanced Options Income ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is an actively managed ETF that seeks current income while maintaining the opportunity for indirect exposure to the share price of SPDR Gold Shares, subject to a limit on potential gains related to increases in the price of GLD"s shares. While maintaining indirect exposure to the underlying ETP, the fund aims to generate additional income from its options investments when GLD"s share price rises, based on the specific put options it sold. The fund is non-diversified.
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