Search results
- 2,609.80Add to watchlist+29.20 (+1.13%)As of Fri. Sep 13, 2024 3:31 PM EDT · Delayed Quote (USD) · Market open
- Open2,587.50High2,613.30Low2,585.00
- Mkt CapN/AP/E (TTM)N/ADiv & YieldN/A & N/A
- Prev. Close2,580.6052 Wk. Low1,809.4052 Wk. High2,613.30
Leveraged Gold ETFs seek to provide investors with a magnified daily or monthly return of gold prices. The funds use futures contracts to accomplish their goals and can be either long or inversed. The level of magnification is included in their descriptions and are generally 2x or 3x, or -2x or -3x . Click on the tabs below to see more ...
- 2× Long Leverage: ProShares Ultra Gold
- 2× Long Leverage: DB Gold Double Long Exchange Traded Notes
- 2× Short Leverage: ProShares Ultrashort Gold
- 2× Short Leverage: DB Gold Double Short Exchange Traded Notes
Three-Month Average Daily Volume: 109,686Performance Over One-Year: -12.2%Expense Ratio: 0.95%Annual Dividend Yield: N/AThree-Month Average Daily Volume: 7,019Performance Over One-Year: -10.5%Expense Ratio: 0.75%Annual Dividend Yield: N/AThree-Month Average Daily Volume: 78,103Performance Over One-Year: 2.8%Expense Ratio: 0.95%Annual Dividend Yield: N/AThree-Month Average Daily Volume: 14,372Performance Over One-Year: 7.4%Expense Ratio: 0.75%Annual Dividend Yield: N/AAug 30, 2024 · The leveraged gold and gold mining ETFs include ProShares Ultra Gold ETF UGL, DB Gold Double Long ETN DGP, Direxion Daily Gold Miners Index Bull 2X Shares NUGT, Direxion Daily...
ProShares Ultra Gold seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Gold Subindex SM.
Mar 31, 2022 · The Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) is a leveraged ETF. The fund seeks returns for short-term trades of a single day and is best suited for active, experienced...
- Dan Moskowitz
Gold investors looking to amplify returns might consider a leveraged ETF. Unlike traditional ETFs whose portfolios are designed to track an index or commodity price on a one-to-one basis, leveraged ETFs use derivatives and debt to magnify the returns on the portfolio by a factor of 2x or even 3x.
People also ask
What are the best gold & gold mining ETFs?
How does Direxion daily gold miners index Bull 2x invest?
How long can I hold a ProShares ETF shares?
How are ETFs sorted?
1 day ago · NUGT | A complete Direxion Daily Gold Miners Index Bull 2X Shares exchange traded fund overview by MarketWatch. View the latest ETF prices and news for better ETF investing.