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1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$446121051
P/E ratio
--
Dividend yield
15.0212%
Expense ratio
0.85%
Beta
0.14499
Previous close
$25.28
Today's open
$25.66
Day's range
$25.19 - $25.69
52 week range
$18.39 - $26.13
Headquarters
US
Exchange
CBOE Global Markets BZX
Issue type
Exchange-Traded Fund
Equities
Domestic
Large-Cap
Blend
The Bubble In Covered Call ETFs That Nobody Is Talking About
Covered call ETFs have surged in popularity, but most are heavily concentrated in AI-driven indices, like QQQ and SPY. AI valuations appear stretched, and a correction could hit covered call ETF investors, as hard as pure index, or AI stockholders. The question is how to navigate this.
Seeking Alpha • Nov 16, 2025

Seeking Gold And Retirement Income? IGLD Is The Answer
FT Vest Gold Strategy Target Income ETF offers a rare blend of high yield (~15.3%) and gold exposure for income-focused investors. IGLD's yield surpasses popular covered call ETFs like JEPI and QQQI, making it an attractive addition to income-seeking portfolios. Traditional high-yield sectors — MLPs, BDCs, REITs — carry risks, while bonds and gold alone lack sufficient yield or inflation protection.
Seeking Alpha • Oct 16, 2025

5 Gold Focused ETFs Providing Income With Up To ~27% Distribution Yield
Investing in gold is a defensive strategy, and one that has been working out incredibly well as the price has been surging. However, gold provides no income on its own, making it an unappealing choice for most income-focused investors. That said, one can still gain gold exposure and generate some cash flow through utilizing options writing strategies.
Seeking Alpha • Oct 1, 2025

IGLD: A Synthetic Covered Call Strategy With An Appealing Yield
IGLD offers indirect gold exposure via an options strategy, delivering a high 16.58% yield with monthly distributions, appealing to income-focused investors. The ETF's synthetic covered call approach can outperform GLD in flat or declining gold markets, but limits upside during strong gold rallies. Risks include significant downside from short puts, liquidity concerns, and limited track record in adverse gold markets due to recent inception.
Seeking Alpha • Sep 11, 2025

31 Ideal 'Safer' Monthly Paying September Dividend Stocks And 80 Funds
Imagine stocks and funds paying you dividends monthly! Your angst awaiting dividend payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! September U.S. exchange-traded-monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (77); 2. Stocks-by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash Flow Margins (31). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. 5. Safer Equity Rankings All per prices as of 8/29/25.
Seeking Alpha • Sep 4, 2025

IGLD: Distorted Yield, Structural Deficiencies, Poorer Upside Participation
IGLD's income strategy relies on short-term treasuries, gold exposure via options, and covered calls, but struggles to capture upside in gold rallies. Drawdown mitigation is decent, but the outperformance in flat or bearish markets doesn't compensate for missed gains during bull runs. Yield appears attractive but is skewed by one-off payouts; IGLD's NAV-preserving approach is better for long-term investors than chasing unreliable high yields.
Seeking Alpha • Aug 6, 2025

IGLD: Safe-Haven Value Perspectives
IGLD offers a unique blend of gold exposure, income from T-Bills, and volatility premiums, ideal for uncertain macro and geopolitical environments. Rising global liquidity, central bank gold accumulation, and recent volatility spikes support gold's upside and the ETF's income strategy. A weaker dollar and ongoing trade tensions further enhance gold's safe-haven appeal, benefiting IGLD's performance and income potential.
Seeking Alpha • May 23, 2025

Should You Be Concerned About the Pullback in Gold?
Gold, a quintessential safe haven in economic and market crises, declined in price in the last few days. With a number of factors at play, the short-term pullback will likely meet resistance to the long-term, unchanged fundamentals, making it worth consideration this year.
ETF Trends • Apr 8, 2025

Capturing More Than Price Gains With Unique Gold ETFs
Gold has been on a tear. The precious metal has forged multiple new record highs so far this year.
ETF Trends • Sep 27, 2024

IGLD: Gold Participation With An Attractive Yield
The FT Cboe Vest Gold Strategy Target Income ETF aims to provide participation in the returns of holding SPDR Gold Trust while generating current income from writing call options. IGLD has performed as expected, capturing ~69% of GLD's upside since June 2023 while paying a 7.8% yield. With the Fed expected to begin cutting rates in September, I believe IGLD could be an interesting way for yield-oriented investors to participate in the upcoming gold rally.
Seeking Alpha • Aug 20, 2024

¹ Disclosures

Open an M1 investment account to buy and sell FT Vest Gold Strategy Target Income ETF commission-free¹. Build wealth for the long term using automated trading and transfers.