- Pays: weekly (monthly during its first year).
- First paid: July 2024.
- What it is: the YieldMax fund pointed at GOLD MINERS — it sells call options on gold-miner ETF exposure (GDX-style), converting the sector's volatility into income.
- How it differs from its siblings: it's tied to a commodity sector, not a single tech stock — a different risk flavor, though the option-income physics are identical.
- Headline rate: often quoted north of 50% — driven by how hard gold-mining stocks swing.
GDXY makes no promise to pay any particular amount; each payout depends on the option income earned that period.
GDXY pays weekly (monthly until the family's schedule change). Each point below is one distribution since July 2024. The table further down totals each year.
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Each point is one payment; the line ends at the most recent payout. The table below totals them by year.
| Recent Ex-Dividend Dates | Distribution / Share |
|---|
"Next expected" is estimated from GDXY's recent payment rhythm — the fund announces exact dates shortly before each payout, and the data feed can lag a few days. You must own shares before the ex-dividend date to receive that payout; the cash typically arrives days later.
A real total-return estimate, assuming every payout was reinvested — including what happened to the share price. Before taxes and fees. Past performance does not predict the future.
Gold-mining stocks are leverage on the gold price — when gold moves 2%, miners often move 5% — and that exaggerated swing is exactly what option buyers pay up for. GDXY harvests those premiums and pays them out weekly. Unlike its single-stock siblings, its fate rides on a whole sector rather than one CEO's headlines, which softens the most catastrophic scenarios — but the core trade is unchanged: upside sold, downside kept, payouts tracking volatility.
Remember too that gold miners march to their own drummer — inflation, real rates, and the gold price — so GDXY's income cycle won't match the tech-driven funds'. Judge it by total return in the backtest above, and get the family mechanics in What Are YieldMax ETFs?
| Year | Total Distributions / Share | Payments | Change vs Prior Year |
|---|
Data source: Yahoo Finance. Figures are per share; the current year may be partial and figures should be verified against official sources.
Calculated from complete calendar years in the data above. Past results don't guarantee future payments.
When Is GDXY's Next Ex-Dividend Date?
GDXY pays weekly — typically going ex-dividend on Thursdays. The exact date of each payout is announced by the fund only shortly beforehand, so no site can promise the next date — but the live schedule box above shows the most recent ex-dividend date and the expected window for the next one, computed from GDXY's actual payment rhythm. Remember: you must own shares before the ex-dividend date to receive that payout.
GDXY's Record: The Commodity Cousin
GDXY — the YieldMax Gold Miners Option Income Strategy ETF — is the family's odd one out. Where its siblings bottle a single stock's drama, GDXY taps a whole sector: gold miners, whose shares swing far harder than gold itself. Since July 2024 it has converted that swing into income — monthly at first, weekly now — with 2025 paying roughly $8.35 per share against a ~$10 share price today. The chart above shows every payment.
Why Miners, Not Gold
A gold miner's costs are mostly fixed, so a small rise in the gold price fattens profits disproportionately — and a small drop crushes them. That built-in leverage makes miner ETFs like GDX dramatically more volatile than bullion, and volatile things command rich option premiums. GDXY sells those options and distributes the take. When gold runs hot (as it has in stretches since 2024), the premiums — and the checks — swell; when the sector sleeps, both shrink.
Where GDXY Fits — and Doesn't
GDXY makes sense only for someone who already wants gold-miner exposure and would rather harvest its volatility as weekly cash than ride it for capital gains — a niche within a niche. It shares the family physics: sold-away rallies, kept drawdowns, return-of-capital components, and NAV pressure over time (see TSLY for the long-run pattern). For the diversified take on YieldMax's machinery, compare ULTY; for the honest math on any of them, the backtest above beats every headline rate.
Understand These Funds Before You Buy
Our plain-English guide explains option income, return of capital, and NAV erosion — the three things every YieldMax buyer should understand.
Read: What Are YieldMax ETFs?