SGDM Nearly Doubled Gold’s Gains While IAUI Capped Upside for a 12.52% Yield and One Choice Depends Entirely on 2026 Quick Read – Sprott Gold Miners ETF (SGDM) returned 89.14% over the past year by leveraging miner equity exposure, with top holdings Agnico Eagle (10.15%),…
wmont (7.75%), and Wheaton Precious Metals (7.36%), while NEOS Gold High Income ETF (IAUI) returned just 28.6% since inception by capping upside through short calls to generate a 12.52% distribution yield. SPDR Gold Shares (GLD) gained 42.39% in the same period. – SGDM captures miner operating leverage as gold prices rise, while IAUI sacrifices most upside to generate income through an options collar strategy, creating a choice between growth exposure and current yield in a sustained gold bull market. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and IAUI wasn’t one of them
Get them here FREE. Gold’s run has forced investors to pick a lane. Sprott Gold Miners ETF (NASDAQ:SGDM) and NEOS Gold High Income ETF (NASDAQ:IAUI) both let you express a bullish gold view, but they sit at opposite ends of the risk spectrum.
With SPDR Gold Shares (NYSEARCA:GLD) up 42.39% over the past year, one of these funds delivered roughly double that move and the other deliberately traded most of the rally for a double-digit yield. The real question is whether you want leverage to the metal or a paycheck from it. What Each Fund Is Actually Betting On SGDM is a leveraged operational bet on gold prices via miner equity.