WGLDwShares Enhanced Gold ETF
WGLD Fund Description
WGLD is passively managed to shift its allocation between physical gold bullion and cash based on volatility.
WGLD Factset Analytics Insight
WGLD offers a new approach to holding physical gold as a long-term investment. The objective of the fund is to outperform the price of gold, without using leverage or futures, by lowering volatility. The portfolio will systematically adjust the allocation between gold and cash on a monthly basis. The fund uses a mathematical formula derived from the LMBA Gold Price PM and a 45 day look back of realized volatility for the S&P 500 Index. Allocating more to gold when heightened volatility is observed in the S&P 500 Index and incrementally more to cash as gold’s volatility increases. Gold exposure can range between 50%-100% of the portfolio, with cash exposure capped at 50%. As with all ETFs that hold physical gold, the collectible tax rate applies to any long-term gains.
WGLD Summary Data
WGLD Portfolio Data
WGLD Index Data
WGLD Portfolio Management
WGLD Tax Exposures
WGLD Fund Structure
WGLD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of WGLD. WGLD is rated a 5 out of 5.
WGLD Tenor Strategy
WGLD holds cash and/or physical gold whose price reflect the current spot market values.
WGLD Rolling Strategy
Since WGLD toggles between cash and physical gold rather than futures contracts, it does not have a roll strategy.