- What are the top holdings of GOLY?
- A machine-readable holdings disclosure for Strategy Shares Gold Enhanced Yield ETF (GOLY) is not available from our data sources — fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
- What sectors does GOLY invest in?
- Strategy Shares Gold Enhanced Yield ETF (GOLY) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is GOLY most exposed to?
- GOLY's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is GOLY a US-only fund?
- The country allocation card on this page shows GOLY's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does GOLY invest in?
- The Strategy Shares Gold Enhanced Yield ETF, known by its ticker GOLY, aims to deliver regular monthly income to investors. It achieves this by investing in a diverse mix of assets, including fixed-income instruments, gold, and various other commodities. It's important to note, however, that these payouts may sometimes represent a return of invested capital rather than exclusively originating from net investment earnings. The fund primarily allocates its capital to high-quality, dollar-denominated bonds, specifically corporate bonds and U.S. Treasury securities. Their selection process ensures investment-grade credit quality, relying on both rigorous quantitative analysis and fundamental financial scrutiny. To counteract inflation and currency risks, GOLY concurrently employs total return swaps linked to short-term gold futures contracts. Additionally, it implements a long/short trading strategy across several commodity sectors, such as energy, industrial metals, and precious metals, seeking to capitalize on market inefficiencies. Through the strategic application of financial leverage, the fund effectively doubles its market exposure, achieving a 200% notional value. This exposure is evenly divided, with half allocated to bonds and the other half to gold and commodities. A portion of this complex investment approach is managed by a subsidiary based in the Cayman Islands, which oversees the fund's swap agreements and associated collateral. Investors should be aware that the use of leverage significantly amplifies both potential gains and potential losses, a characteristic particularly pronounced during periods of heightened market volatility. Before February 1, 2024, the fund was previously known and traded under the ticker symbol GLDB.
