USG ETF — USCF Gold Strategy Plus Income Fund

USCF Gold Strategy Plus Income Fund (USG)

Updated October 16, 2026.

USG is an ETF linked to Gold. its distribution rate is 2.16%, its trailing-12-month yield is 30.01%, its expense ratio is 0.45%. Dividend Vision Distribution Safety Score™ is 58/100 (Caution). Total return is 99.7% over the past 5 years, 24.1 points ahead of SPY at 75.6%.

USCF Gold Strategy Plus Income Fund is an ETF that seeks to track gold price performance while generating income through gold call options and interest on collateral, maintaining exposure to physical gold and gold futures markets via COMEX Gold Warrants and futures contracts. The fund carries a modest current distribution rate and pays distributions quarterly, with an expense ratio of 0.45%. It appeals to income-focused investors seeking gold exposure combined with option-writing strategies, though its non-diversified structure and active management approach differ from traditional gold ETFs.

USG performance versus SPY

Price and return data through 2026-10-16.

Total return is 99.7% over the past 5 years, 24.1 points ahead of SPY at 75.6%. Over the past year its total return — price change plus distributions reinvested — is -0.6%. Its deepest 1-year drawdown was 25.2%.

USG key facts

Distribution Safety Score™

58 · Caution

Safety-Adjusted Yield

1.25%

Issuer

USCF Investments

Asset type

ETF

Asset class

Commodity

Inception date

11/03/2021

Listing date

11/03/2021

Expense ratio

0.45%

Distribution rate

2.16%

Distribution frequency

Quarterly

Trailing yield

30.01%

Last close

$31.73 (as of 2026-10-16)

AUM

$3,145,096

Average volume

1660.0

Dividend

$0.171

Ex-dividend date

09/21/2026

Payment date

09/23/2026

Beta

0.24

How Dividend Vision calculates yield and returns

Distribution rate (2.16%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (30.01%) 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: USCF Investments 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.

USG risks and drawbacks

USG's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 25.2%.

Who may consider USG — and who may not

USG may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (USG pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on USG

• All tickers starting with U

Tagged: Covered Call, Options, Gold, Active, Dividend.

Frequently asked questions

More securities from USCF Investments.