GLDX

USCF Gold Strategy Plus Income Fund ETF
*Unless otherwise stated, data provided by FactSet.

GLDX Fund Description

GLDX is actively managed, aiming to provide gold exposure while generating income through a gold covered call writing strategy and collateral interest income.

GLDX Factset Analytics Insight

GLDX aims to add income to gold exposure by maintaining a substantial position in physical gold and gold futures. The fund primarily gains this exposure directly or indirectly via COMEX gold warrants and gold futures, which is done through its wholly-owned Cayman subsidiary. Gold warrants are negotiable warehouse receipts evidencing ownership of gold bars stored in licensed depositories, and gold futures are fully margined and collateralized. The fund limits its investments in the subsidiary at 25% of its assets, and intends to limit its gold warrant investments to 20% of the value of its subsidiary. Gold futures and warrants are evaluated for expected return and all-in costs to determine the desired balance between them. The fund may also use cash-settled options, forwards, options on futures contracts, and other options to obtain its desired exposure.

PERFORMANCE [as of 05/18/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GLDX -- -- -- -- -- -- --
GLDX (NAV) -8.36% -3.62% 0.23% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
LBMA Gold Price PM -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GLDX Summary Data

11/03/21
Open-Ended Fund
0.45%
$2.57M
$32.57K
1.23%

GLDX Portfolio Data

Futures
Variable
N/A
--

GLDX Index Data

No Underlying Index
Proprietary
Proprietary
LBMA Gold Price PM

GLDX Portfolio Management

0.45%
--
--
--

GLDX Tax Exposures

20.00% / 39.60%
--
No

GLDX Fund Structure

Open-Ended Fund
No
--
N/A
N/A
High
Daily

GLDX Factset Analytics Block Liquidity

As of 05/19/22
5
4
3
2
1

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

GLDX Tradability

1,236
$32.57K
383
$8.56K
1.23%
$0.34
-0.01%
2.58% / -1.13%
None
100.00%
25,000
0.02
--
--
0
$25.66
5

GLDX Sector Breakdown


GLDX
Segment Benchmark
61.29%
--
38.71%
--

GLDX Top 10 Targeted Commodity Weights

47.05%
38.65%
14.30%
100.00%

GLDX Tenor Strategy

N/A

GLDX Rolling Strategy

N/A

GLDX Performance Statistics

0.53
0.62
--
--
0.00%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.