XFUNDS by Nicholas Wealth, a provider of actively managed income exchange-traded funds (ETFs), has announced the launch of two new ETFs: the Nicholas Gold Income ETF (GLDN) and the Nicholas Silver Income ETF (SLVX). Both ETFs are designed to provide investors with exposure to precious metals while pursuing capital appreciation and generating regular income through an actively managed options strategy.
GLDN offers investors exposure to the gold market, while SLVX offers exposure to the silver market, through a mix of precious metals–related equities and U.S.-listed exchange-traded funds and exchange-traded products that track the price of gold or silver. Launched in partnership with Tidal Investments, both funds combine three complementary components within a single structure:
Equity portfolio: The first component invests in publicly traded companies involved in the exploration, development, mining and production of gold and silver, providing equity exposure tie
