Defiance Gold Enhanced Options Income ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 9 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About GLDY
TheFund is an actively managed exchange-traded fund (“ETF”) that seeks current income while maintaining the opportunityfor indirect exposure to the share price of the SPDR Gold Shares (“GLD” or the “Underlying ETP”), subjectto a limit on potential gains related to increases in the price of GLD’s shares. While maintaining indirect exposure tothe Underlying ETP, the Fund aims to generate options premiums from its options investments when GLD’s share price risesin value, based on the specific put options it sold. GLDis an exchange-traded product (“ETP”) that generally seeks to replicate the performance of the price of gold bullion.GLD is not subject to the protections of the 1940 Act; however, the Fund and its shareholders are subject to the protections ofthe 1940 Act. Atleast weekly, the Fund uses an at-the-money or in-the-money put option selling strategy to seek to generate options premiums andexposure to the price of the Underlying ETP shares. In addition, the Fund’s in-the-money put options will provide some upsideappreciation, also known as “intrinsic value.” However, as a result of its options strategies, the Fund will not directlyor fully participate in gains experienced by the Underlying ETP. Please see the prospectus section below entitled “AdditionalInformation about the Fund” for a description of the Fund’s options strategies as well as options terminology. TheFund’s strategy focuses on making weekly cash distributions by generating options premiums. It does so by regularly sellingput options. Simultaneously, it aims to provide an “enhanced” yield compared to traditional option-based strategiesby frequently selling short-term options, typically with a duration of less than a week. This method may result in more optionspremiums than with an approach of selling longer-term options over the same period, although there is no guarantee such an approachwill be successful. Distributionsmay include a significant portion classified as return of capital (“ROC”). ROC generally represents a return of ashareholder’s invested capital rather than traditional income such as dividends or interest. See the prospectus sectiontitled “Additional Information About the Funds” for more information about option premiums and ROC. Inaddition to its options investments, the Fund will hold short-term U.S. Treasury securities for collateral for the options andto generate income for the Fund. AnInvestment in the Fund is not an investment in GLD, nor in gold bullion. ● The Fund’s strategy will cap its potential options gains if GLD shares increase in value. ● The Fund’s strategy is subject to all potential losses if GLD shares decline, which may not be offset by options premiums received by the Fund. ● The Fund does not invest directly in GLD shares. ● The Fund does not invest directly in gold bullion. ● Fund shareholders are not entitled to any dividends paid by GLD. Additionalinformation regarding GLD is set forth below. Althoughthe Fund does not seek to invest directly in the Underlying ETP, due to the non-cash settlement nature of the Fund’s optionsstrategy, the Fund may be required to hold Underlying ETP shares from time to time. In that case, the Fund will generally seekto sell those holdings the same day (to seek to avoid potential adverse tax consequences to the Fund). U.S.Treasuries TheFund will hold short-term U.S. Treasury securities as collateral in connection with the Fund’s options strategy and to generateincome. Fund’sWeekly Distributions TheFund will seek to provide weekly cash distributions. AdditionalInformation Tofully collateralize the Fund’s options strategy, the market value of the cash and treasuries held by the Fund is expectedto comprise at least 80% of the Fund’s net assets and the market value of the options is expected to be between 0% and 10%of the Fund’s net assets. The combination of these investments provides investment exposure to GLD such that the notionalexposure is equal to 100% of the Fund’s total assets. The “notional exposure” is the return on or change invalue of a particular dollar amount representing the underlying investment. The notional value and the market value both describethe value of a security. Notional value speaks to how much total value a security theoretically controls – for instancethrough options contracts. Market value, on the other hand, is the price of a security right now that can be bought and sold onan exchange or through a broker. Asa result of the Fund’s investment strategy, it may experience a high portfolio turnover rate. TheFund is classified as “non-diversified” under the 1940 Act. Undernormal circumstances, the Fund will invest at least 80% of the value of its net assets, plus borrowings for investment purposes,in financial instruments and economic interests that provide exposure to the value of the Underlying ETP shares. For purposesof compliance with this investment policy, derivative contracts will be valued at their notional value. Thereis no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all ofits investment. GLD SPDRGold Shares (“GLD”) is a grantor trust and its investment objective is to track the performance of the price of goldbullion, less the expenses of GLD’s operations. GLD is a passively-managed fund that primarily invests in gold and may alsohold cash or cash equivalents. The investment strategy of GLD involves holding gold bullion, which is stored in secure vaults.GLD is listed on the NYSE Arca stock exchange. GLD’s holdings are predominantly in physical gold bullion, and it may occasionallyhold a minimal amount of cash for short-term operational purposes. Investorscan access information about SPDR Gold Shares, including its prospectus and the most recent shareholder reports, online throughthe SEC’s website, using Registration Statement Nos. 333-267520 and 001-32356. This information, derived from GLD’sfilings with the SEC, is essential for investors to understand GLD’s operations, investment strategy, and financial prospects.The description of GLD’s principal investment strategies as outlined here is directly sourced from its prospectus. Thisdocument pertains solely to the securities offered by SPDR Gold Shares and does not concern the shares of other securities orETFs. All disclosures in this document regarding GLD are based on publicly available documents. None of the Fund, Tidal TrustII (the “Trust”), Tidal Investments LLC (the “Adviser”), or their respective affiliates have engaged inthe preparation of such publicly available offering documents or conducted any due diligence inquiries regarding such documentsconcerning GLD. They do not represent the accuracy or completeness of any publicly available documents or other information regardingGLD. Additionally, the Fund cannot guarantee that all events impacting GLD’s trading price prior to the date of this documenthave been publicly disclosed. Future events or disclosures concerning GLD could affect the value of these securities. TheFund, the Trust, the Adviser, and their respective affiliates do not provide any representation regarding the performance of GLD. THEFUND, TRUST AND ADVISER ARE NOT AFFILIATED WITH SPDR GOLD TRUST, GLD, WORLD GOLD TRUST SERVICES, LLC, S&P DOW JONES INDICESLLC, OR STATE STREET CORPORATION. Noneof the Fund, the Trust, the Adviser, or their respective affiliates claim any ownership interest in any trademarks owned by SPDRGold Trust, GLD, World Gold Trust Services, LLC, S&P Dow Jones Indices LLC, or State Street Corporation. All rights in thetrademarks are reserved by their respective owners.
GLDY News
- Streamex Corp. Announces Successful Audit of GLDY Tokenized Securities
- Streamex GLDY Clears Key Trust Milestone With First Independent Gold Reserve Attestation
- Streamex Yield-Bearing Gold Asset GLDY Just Went Mainstream
- Defiance Gold Enhanced Options Income ETF (NASDAQ:GLDY) Plans Dividend of $0.07
- Defiance Gold Enhanced Options Income ETF (GLDY) Trading Halt
- Defiance Gold Enhanced Options Income ETF (GLDY) Trading Halt
- Defiance Gold Enhanced Options Income ETF (GLDY) To Go Ex-Dividend on June 11th
- Defiance Gold Enhanced Options Income ETF (NASDAQ:GLDY) Plans $0.08 Dividend
Data for GLDY is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.