DGLD

VelocityShares 3X Inverse Gold ETN
*Unless otherwise stated, data provided by FactSet.

DGLD Fund Description

The VelocityShares 3X Inverse Gold ETN provides -3x the daily return of the front-month gold futures contract.

DGLD Factset Analytics Insight

Like most geared inverse products, DGLD is designed as a tactical trading tool, not as a buy-and-hold investment. The note promises to provide -3x exposure to its referenced index—the S&P GSCI Gold Excess Return Index—for a one-day holding period. The daily reset function means investors holding DGLD for periods of longer than one trading day will be exposed to the effects of compounding, and could see returns vary greatly from the headline -3x exposure. Since DGLD tracks an excess return version of the S&P GSCI Gold Index, returns will reflect both the changes in the price of gold and returns from rolling futures contracts, but not any income from collateral. Although its fee is extremely high, trading costs are of greater importance, since the fund is designed for intraday round-trip trades. The market for this ETN is strong, with decent daily volume and small spreads, so those trading costs should not be too bad.

DGLD CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/21/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DGLD -0.90% 19.45% 30.65% 26.51% -10.97% -3.02% --
DGLD (NAV) -0.65% 20.31% 32.54% 27.37% -10.78% -- --
S&P GSCI Gold Index ER -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DGLD Summary Data

10/14/11
Exchange-Traded Note
1.35%
$19.79M
0.03%

DGLD Portfolio Data

0.00%
N/A

DGLD Index Data

S&P GSCI Gold Index ER
Single Asset
Single Asset
N/A

DGLD Fund Structure

No
N/A
N/A / N/A
Credit Suisse AG
Low
High
-3
Daily

DGLD Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

DGLD Factset Analytics Block Liquidity

As of 09/24/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DGLD. DGLD is rated a 5 out of 5.

DGLD Tradability

86,095
$4.78M
78,425
$4.55M
0.03%
$0.02
-0.02%
3.46% / -2.77%
None
0.00%
25,000
3.14
0.05%
--
--
$57.27
5