GLDN ETF — Nicholas Gold Income ETF

Nicholas Gold Income ETF (GLDN)

Updated October 16, 2026.

GLDN is an ETF linked to Gold. its distribution rate is 15.28%, its trailing-12-month yield is 10.11%, its expense ratio is 1.07%. Dividend Vision Distribution Safety Score™ is 62/100 (Generally safe). Total return is -17.8% over the past 0.7 years, 1.2 points behind GLD at -16.6%.

Nicholas Gold Income ETF is an equity fund that seeks capital appreciation with secondary income generation through holdings in gold mining and exploration companies, gold-focused ETFs, and options premium strategies on gold industry securities. The fund distributes a high current rate on a weekly basis and carries an expense ratio of 1.07%. It appeals to income-focused investors seeking exposure to the gold sector, though the non-diversified structure and options-based strategy introduce additional complexity and risk.

GLDN performance versus GLD

Price and return data through 2026-10-16.

Total return is -17.8% over the past 0.7 years, 1.2 points behind GLD at -16.6%.

GLDN key facts

Distribution Safety Score™

62 · Generally safe

Safety-Adjusted Yield

9.47%

Issuer

Nicholas Wealth Management

Asset type

ETF

Asset class

Equity

Inception date

02/18/2026

Expense ratio

1.07%

Distribution rate

15.28%

Distribution frequency

Weekly

Trailing yield

10.11%

Last close

$15.31 (as of 2026-10-16)

AUM

$4,187,734

Average volume

3266.0

Dividend

$0.045

Ex-dividend date

10/09/2026

Payment date

10/13/2026

Beta

1.6037

How Dividend Vision calculates yield and returns

Distribution rate (15.28%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (10.11%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Nicholas Wealth Management or company page; Index: Gold; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GLDN risks and drawbacks

Total return has trailed GLD over the available window.

Who may consider GLDN — and who may not

It is a weaker fit for investors whose main goal is matching GLD total return. This is educational context, not a recommendation to buy or sell.

More on GLDN

• All tickers starting with G

Tagged: Gold, Metals, Options.

Frequently asked questions

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