Gold prices have doubled in the past two years due to central banks worldwide reducing dollar dependency. NEOS Gold High Income ETF offers a 13% forward annual yield, while Sprott Gold Miners ETF is up 119.84% year-to-date benefiting from rising gold prices.
Investors worldwide are turning to gold as a safe asset amid a healthy market and AI rally. The trend is driven by a lack of trust in the U.S. dollar and lower interest rates globally, increasing gold demand.
NEOS Gold High Income ETF aims to generate high monthly income through gold exposure and options, offering a 25% gold asset allocation and monthly income generation through covered call options on gold ETPs.
IAUI and SGDM gold dividend ETFs offer a way to hedge against inflation and a sliding dollar while generating income. SGDM invests in gold mining companies, providing exposure to the ongoing gold boom and potential for future outperformance.
SGDM’s top holdings include Agnico Eagle Mines, Newmont Corp, and Wheaton Precious Metals Corp, with a concentrated but diversified portfolio of gold mining companies. The ETF carries an expense ratio of 0.50% per $10,000 invested.
Read more at Yahoo Finance: 2 Gold Dividend ETFs That Are Must Buys Right Now
