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Click on the tabs below to see more information on Leveraged Gold ETFs, including historical performance, dividends, holdings, expense ratios, technical indicators, analysts reports and more. Click on an ETF ticker or name to go to its detail page, for in-depth news, financial data and graphs.
- What Are Leveraged ETFs?
- Best Leveraged ETFs in Canada
- Best Us Leveraged ETFs
- Can I Buy Leveraged ETFs in TFSA?
- Conclusion
Leveraged ETFs use financial derivatives and debt as leverage to enhance the returns of an underlying index. A typical ETF tries to match the performance of its benchmark index over time – a leveraged ETF attempts to double or triple the dailyreturns of an underlying index.
Horizons BetaPro Gold Bullion 2x Daily Bull ETF (HBU.TO)Hamilton Enhanced Canadian Bank ETF (HCAL.TO)Horizons BetaPro Canadian Gold Miners 2x Daily Bull ETF (HGU.TO)Horizons BetaPro Crude Oil 2x Daily Bull ETF (HOU.TO)ProShares UltraPro QQQ ETF (TQQQ)ProShares Ultra QQQ ETF (QLD)ProShares Ultra S&P 500 ETF (SSO)ProShares UltraPro S&P 500 ETF (UPRO)Yes, it is indeed possible for you to buy and hold leveraged ETFs in your TFSAif you want to capitalize on the enhanced returns these financial instruments can provide without incurring capital gains tax. However, it would be a risky proposition. Leveraged ETFs are best used as short-term investments, and the TFSA is ideal for long-term investments...
Leveraged ETFs are complex and speculative short-term investments that entail a higher degree of capital risk than most other ETFs. By doubling or tripling the daily return of a specified index, the funds can provide you with substantial upside on your initial investment or devastate your returns. Provided that you are willing to assume the risk th...
- iShares Gold Bullion ETF. Ticker symbol: CGL.TO. MER: 0.55% 5-year average annual return: 8.70% Invests in: Gold bullion. Issuer: BlackRock (iShares) Assets under management: $751 million.
- iShares S&P/TSX Global Gold Index ETF. Ticker symbol: XGD.TO. MER: 0.61% 5-year average annual return: 10.69% Invests in: Gold miners. Issuer: BlackRock (iShares)
- Purpose Gold Bullion Fund. Ticker symbol: KILO.TO. MER: 0.23% 3-year average annual return: -1.01% Invests in: Gold bullion. Issuer: Purpose ETFs. Assets under management: $326 million.
- BMO Equal Weight Global Gold Index ETF. Ticker symbol: ZGD.TO. MER: 0.60% 5-year average annual return: 11.55% Invests in: Gold miners. Issuer: BMO GAM. Assets under management: $45.85 million.
- 2× Long Leverage: ProShares Ultra Gold (UGL) Three-Month Average Daily Volume: 109,686. Performance Over One-Year: -12.2% Expense Ratio: 0.95% Annual Dividend Yield: N/A.
- 2× Long Leverage: DB Gold Double Long Exchange Traded Notes (DGP) Three-Month Average Daily Volume: 7,019. Performance Over One-Year: -10.5% Expense Ratio: 0.75%
- 2× Short Leverage: ProShares UltraShort Gold (GLL) Three-Month Average Daily Volume: 78,103. Performance Over One-Year: 2.8% Expense Ratio: 0.95% Annual Dividend Yield: N/A.
- 2× Short Leverage: DB Gold Double Short Exchange Traded Notes (DZZ) Three-Month Average Daily Volume: 14,372. Performance Over One-Year: 7.4% Expense Ratio: 0.75%
Jun 27, 2023 · Unlike traditional gold ETFs that seek to track the price of gold, leveraged gold ETFs aim to deliver amplified returns, both in up and down markets, relative to the underlying gold price. These ETFs are primarily used for short-term investing strategies rather than long-term investments.
The product tracks the three times leveraged performance of futures contracts on gold. The ETC's TER (total expense ratio) amounts to 0.99% p.a.. The ETC replicates the performance of the underlying index synthetically with a swap. The WisdomTree Gold 3x Daily Leveraged is a small ETC with 34m Euro assets under management.
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Mar 17, 2024 · Leveraged Gold ETFs are a powerhouse when it comes to high return potential. Here’s why. Leveraged ETFs, in general, utilise financial derivatives and debt to amplify the returns of an underlying index. In this case, the underlying index is gold price movement.
