YGLD: Is This Unexpected ETF The Best Buy For Profits From Gold?

The price of gold has dropped below $4,000 after peaking near $4,400. The Simplify Gold Strategy PLUS Income ETF (YGLD) is suggested as a buying opportunity, targeting 150% exposure to gold, which allows it to outperform when gold prices rise. YGLD offers a 9.9% yield and plans to switch to monthly dividends by 2026. It is part of the ETF Income Edge portfolio, which has an average yield over 30%.