UGLD

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

UGLD Fund Description

The VelocityShares 3X Long Gold ETN provides 3x exposure to a subset of the GSCI that only includes gold contracts.

UGLD Factset Analytics Insight

As a levered product, UGLD is not a buy-and-hold ETF; it's a short-term tactical instrument. Like many levered funds, it promises 3x exposure only for one day. Over longer periods, returns can vary significantly from 3 times the performance of the underlying index. UGLD's linked index is an "excess return" index; consequently, it reflects returns due to price changes on its futures contracts as well as any gain or loss from "rolling" those futures contracts, but not any income from collateral. As an ETN, any returns earned on UGLD—and the original principal—are subject to Credit Suisse's ability to pay its obligations as they're due. UGLD's expense ratio is high, but as a short-term product, holding fees are relatively less important than trading costs. UGLD has tended to be eminently tradable, with deep liquidity and small spreads, but compare the latest volume and spread figures to those of competing ETFs.

UGLD 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 09/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UGLD 3.67% -16.07% -26.39% -27.50% -4.31% -14.38% --
UGLD (NAV) 4.14% -16.74% -27.22% -29.77% -4.30% -- --
S&P GSCI Gold Index ER -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UGLD Summary Data

10/14/11
Exchange-Traded Note
1.35%
$126.83M
0.12%

UGLD Portfolio Data

0.00%
N/A

UGLD Index Data

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

UGLD Fund Structure

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

UGLD 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

UGLD Factset Analytics Block Liquidity

As of 09/21/18
5
4
3
2
1

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

UGLD Tradability

610,684
$5.03M
552,574
$4.42M
0.12%
$0.01
-0.01%
2.72% / -3.45%
None
0.00%
25,000
22.10
0.05%
--
--
$8.18
5