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The following table includes expense data and other descriptive information for all Leveraged Gold ETFs listed on U.S. exchanges that are currently tracked by ETF Database. In addition to expense ratio and issuer information, this table displays platforms that offer commission-free trading for certain ETFs.
- Table of Contents
- What Are Leveraged Gold ETFs?
- How Do Leveraged Gold ETFs Work?
- The Pros and Cons of Leveraged Gold ETFs
- Leveraged Gold ETFs to Consider
- How to Invest in Leveraged Gold ETFs
- Summary of Leveraged Gold ETFs
ETFs are a type of investment fund that typically track the performance of a specific index, commodity, sector or asset class and offer investors the opportunity to gain exposure to a diversified portfolio of assets through a single investment vehicle. They trade on stock exchanges, much like individual stocks. Some investors who want to invest in ...
Leveraged gold ETFs seek to amplify the performance of gold by using leverage, which means borrowing money to invest in derivatives such as futures, options or swaps. The ETF issuer will then use this combination to create a leveraged exposure to gold.
Pros of leveraged gold ETFs
One of the main advantages of leveraged gold ETFs is that they offer a way to gain exposure to gold without owning the physical metal. This can be particularly appealing for investors who may not have the capital or desire to trade in the physical gold market. Additionally, leveraged ETFs offer a way to magnify returns, as leverage can increase potential gains for investors. This can be beneficial in a bull market for gold, where investors can potentially earn a higher return on their investm...
Cons of leveraged gold ETFs
One of the main drawbacks of leveraged gold ETFs is the increased risk of using leverage. Because leveraged ETFs are designed to provide two or three times the daily total return of their underlying assets, they can experience significant losses in a market downturn. The use of leverage can cause the ETF to lose value even if the underlying asset’s price remains unchanged. Leverage also requires additional management and trading costs, which are passed on to investors through higher fees than...
The following table contains a list of leveraged gold ETFs available, according to ETF data and analytics company VettaFi.
Before investing in leveraged gold ETFs, it’s crucial to research your options. You can review the prospectuses and fact sheets, which contain information on the ETF's holdings, investment strategy, expenses and past performance. You may also want to read analyst reports or seek professional investment advice from a financial advisorto understand t...
Leveraged gold ETFs offer investors exposure to gold without requiring them to own physical gold, and allow for convenient trading and diversification.These ETFs amplify the performance of gold by using leverage and financial derivatives.Leveraged gold ETFs are better suited for experienced investors with a clear understanding of the risks involved.Pros of leveraged gold ETFs include convenience, the potential for higher returns and ease of trading.- 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%
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.
3 days ago · ETFs. WisdomTree Gold 2x Daily Leveraged. + Add to watchlist. LBUL:LSE:USD. Actions. Price (USD) 83.87. Today's Change 0.825 / 0.99% Shares traded 85.00. 1 Year change +48.29% Data delayed at...
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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Sep 1, 2024 · Leveraged ETFs like ProShares Ultra Gold can magnify returns, but are prone to drift. A drift watchlist with 22 of them. Leveraged ETFs in semiconductors show the largest drifts.
