ETF Evaluator:
YieldMax Gold Miners Opt Inc Strgy ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Commodities Focused Over the Last Year
| 2251.5% | Breakwave Tanker Shipping ETF (BWET) |
| 81.8% | United States Gasoline (UGA) |
| 64.2% | Commodities Focused () |
| 63.3% | Invesco DB Energy (DBE) |
| 61.8% | United States Oil (USO) |
Risk
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Risk
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ETF Details
YieldMax Gold Miners Opt Inc Strgy ETF Overview
YieldMax Gold Miners Opt Inc Strgy ETF (GDXY) is an actively managed Commodities Commodities Focused exchange-traded fund (ETF). YieldMax ETFs launched the ETF in 2024.
The investment seeks current income; the secondary investment objective is to seek exposure to the share price of the VanEck Gold Miners ETF, subject to a limit on potential investment gains.
The fund is an actively managed ETF that seeks current income while providing indirect exposure to the share price of the Underlying Security, subject to participation in a portion of potential investment gains. The fund is non-diversified.
About YieldMax Gold Miners Opt Inc Strgy ETF (GDXY)
There are 3 members of the management team with an average tenure of 1.01 years: Scott Snyder (2026), Jay Pestrichelli (2024) and Matt Brandt (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. YieldMax Gold Miners Opt Inc Strgy ETF has 17 securities in its portfolio. The top 10 holdings constitute 166.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
YieldMax Gold Miners Opt Inc Strgy ETF is part of the Real Assets global asset class and is within the Commodities ETF group. YieldMax Gold Miners Opt Inc Strgy ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is -36.9% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 42.9% (42.9% domestic bond, 0.0% foreign bond and 0.0% convertible bond). YieldMax Gold Miners Opt Inc Strgy ETF has 93.0% of the portfolio in cash.
Assets Under Management
The fund has $207 million in total assets, which is below the $4 billion average for the Commodities Focused category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GDXY Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The YieldMax Gold Miners Opt Inc Strgy ETF expense ratio is high compared to funds in the Commodities Focused category. YieldMax Gold Miners Opt Inc Strgy ETF has an expense ratio of 1.00%, which is 31% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. YieldMax Gold Miners Opt Inc Strgy ETF has a portfolio turnover rate of 36%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 15% for the Commodities Focused category.
Recently, in the month of July 2026, YieldMax Gold Miners Opt Inc Strgy ETF returned -1.2%, which earned it a grade of F, as the Commodities Focused category had an average return of 5.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
YieldMax Gold Miners Opt Inc Strgy ETF has a trailing yield of 87.83%, which is above the 7.11% category average.
The fund normally distributes its income weekly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
YieldMax Gold Miners Opt Inc Strgy ETF Grades
Year to date, the ETF has returned -18.1%, 49.5 percentage points worse than the category, which translates into a grade of F. The fund has returned 15.2% over the past year (grade of D).
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GDXY Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GDXY Return (NAV) | -1.2% | -16.7% | 15.2% | na | na | na |
| GDXY Return (Price) | -1.3% | -16.7% | 14.9% | na | na | na |
| NAV +/- Price Return | 0.049% | -0.021% | 0.272% | na | na | na |
| Commodities Focused Avg | 5.1% | -6.8% | 64.2% | 14.3% | 9.6% | 6.0% |
| GDXY Grade (NAV) | F | F | D | na | na | na |
| +/- Category (NAV) | -6.4% | -9.9% | -49.0% | na | na | na |
| GDXY Tax-Cost Ratio | na | na | 20.3% | na | na | na |
GDXY Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GDXY Return (NAV) | -18.1% | 87.9% | na | na | na | na | na | na | na | na | na |
| GDXY Return (Price) | -18.7% | 88.3% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.033% | 0.004% | na | na | na | na | na | na | na | na | na |
| Commodities Focused Avg | 31.4% | 35.6% | 6.2% | -1.1% | 9.2% | 27.8% | 1.5% | 14.9% | -9.5% | 3.1% | 10.0% |
| GDXY Grade (NAV) | F | A | na | na | na | na | na | na | na | na | na |
| +/- Category | -49.5% | 52.3% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 87.8% |
| Total Assets: | $ 208 Mil |
| Share Class Assets: | $ 208 Mil |
| Turnover: | 36.0% |
| Expense Ratio: | 1.00% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Weekly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 2.2 years | |||
| Average Tenure: 1.0 years | |||
| Managers (Year): Pestrichelli Jay (2024), Brandt Matt (2026), Snyder Scott (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 17 |
| % in Top 10 Holdings: | 166.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | -36.9% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 42.9% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 1.0% |
| Cash: | 93.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | YieldMax ETFs |
| Phone Number: | 866-864-3968 |
| Website: | |
| Inception Date: | May 20, 2024 |
Expenses and Fees
| Expense Ratio (%): | 1.00% (Rating: High) |
| Category Average Expense Ratio (%): | 0.76% |
