Leveraged gold etf

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Leveraged Gold Miners ETF List

This is a list of all Leveraged Gold Miners ETFs traded in the USA which are currently tagged by ETF Database. Please note that the list may not contain newly issued ETFs. If you’re looking for a more simplified way to browse and compare ETFs, you may want to visit our ETF Database Categories, which categorize every ETF in a single “best fit” category.

* Assets in thousands of U.S. Dollars.

This page includes historical return information for all Leveraged Gold Miners ETFs listed on U.S. exchanges that are currently tracked by ETF Database.

The table below includes fund flow data for all U.S. listed Leveraged Gold Miners ETFs. Total fund flow is the capital inflow into an ETF minus the capital outflow from the ETF for a particular time period.

Fund Flows in millions of U.S. Dollars.

The following table includes expense data and other descriptive information for all Leveraged Gold Miners 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.

Clicking on any of the links in the table below will provide additional descriptive and quantitative information on Leveraged Gold Miners ETFs.

The following table includes ESG Scores and other descriptive information for all Leveraged Gold Miners ETFs listed on U.S. exchanges that are currently tracked by ETF Database. Easily browse and evaluate ETFs by visiting our Responsible Investing themes section and find ETFs that map to various environmental, social and governance themes.

This page includes historical dividend information for all Leveraged Gold Miners listed on U.S. exchanges that are currently tracked by ETF Database. Note that certain ETFs may not make dividend payments, and as such some of the information below may not be meaningful.

The table below includes basic holdings data for all U.S. listed Leveraged Gold Miners ETFs that are currently tagged by ETF Database. The table below includes the number of holdings for each ETF and the percentage of assets that the top ten assets make up, if applicable. For more detailed holdings information for any ETF, click on the link in the right column.

The following table includes certain tax information for all Leveraged Gold Miners ETFs listed on U.S. exchanges that are currently tracked by ETF Database, including applicable short-term and long-term capital gains rates and the tax form on which gains or losses in each ETF will be reported.

This page contains certain technical information for all Leveraged Gold Miners ETFs that are listed on U.S. exchanges and tracked by ETF Database. Note that the table below only includes limited technical indicators; click on the “View” link in the far right column for each ETF to see an expanded display of the product’s technicals.

This page provides links to various analyses for all Leveraged Gold Miners ETFs that are listed on U.S. exchanges and tracked by ETF Database. The links in the table below will guide you to various analytical resources for the relevant ETF, including an X-ray of holdings, official fund fact sheet, or objective analyst report.

This page provides ETF Database Ratings for all Leveraged Gold Miners ETFs that are listed on U.S. exchanges and tracked by ETF Database. The ETF Database Ratings are transparent, quant-based evaluations of ETFs relative to other products in the same ETF Database Category. As such, it should be noted that this page may include ETFs from multiple ETF Database Categories.

Sours: https://etfdb.com/themes/leveraged-gold-miners-etfs/

Proshares Leveraged and Inverse Precious Metal Commodity ETFs

Commodity ETFs

Commodity ETFs offer investors a way to purchase exposure to energy, precious metals, agricultural goods or a combination outside of the futures market. Commodities can help to diversify a traditional portfolio as they are generally less correlated to stocks and bonds. Commodity ETFs should not be confused with equity sector ETFs, which track the performance companies in a sector like oil and gas. Additionally, commodity ETFs may generate a K-1 tax form.

Leveraged and Inverse Commodity ETFs

ProShares leveraged and inverse commodity ETFs are tools to trade commodities and offer varying levels of exposure to crude oil, natural gas, gold and silver via futures-based indexes. Investors can use them to:

  • Seek profit from changes in specific commodity futures prices through directional trades.
  • Employ a short-term hedging strategy to offset losses in commodity holdings.
  • Obtain higher levels of exposure to specific commodities while using less capital.

Investors using leveraged and inverse commodity ETFs should have a comprehensive understanding of their features, benefits and risks, a high risk tolerance and the ability to monitor their positions daily.

About the Bloomberg Gold Subindex

The Bloomberg Gold Subindex is a single-commodity index designed to reflect the performance of gold as measured by the price of COMEX gold futures contracts. To avoid the physical delivery of gold, the futures contracts in this subindex are rolled from current to subsequent contracts over a period of five business days in certain months, according to a predetermined schedule.

About the Bloomberg Silver Subindex

The Bloomberg Silver Subindex is a single-commodity index designed to reflect the performance of silver as measured by the price of COMEX silver futures contracts. To avoid the physical delivery of silver, the futures contracts in this subindex are rolled from current to subsequent contracts over a period of five business days in certain months, according to a predetermined schedule.

Sours: https://www.proshares.com/geared/precious_metal_commodity_etfs.html
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The price of gold spot hit an all-time high in August 2020, as did the SPDR Gold Trust (NYSE: GLD). Meanwhile, the VanEck Vectors Gold Miners ETF (NYSE: GDX), the largest gold mining exchange traded fund by assets, hit a 7-year high.

With this in mind, sophisticated investors seeking to manage daily trading risks as part of an overall diversified portfolio are now able to trade two new exchange traded notes with +3X and -3X leverage. The MicroSectorsGold Miners 3X Leveraged ETN (NYSE: GDXU) and MicroSectors Gold Miners -3X Inverse Leveraged ETN (NYSE: GDXD) offer sophisticated investors +3X and -3X inverse daily exposure, respectively, to an index that tracks the performance of two gold mining exchange traded funds, compounded daily before taking into account fees. GDXU and GDXD are linked to the performance of the S-Network MicroSectors™ Gold Miners Index.   

These ETNs seek a return on the underlying index for a single day, resetting daily. The performance of these ETNs over longer periods of time can differ significantly from the performance (or inverse of the performance) of their underlying index during the same period of time. You should proceed with extreme caution in considering an investment in the ETNs.

What’s Different About GDXU And GDXD?

Unlike other leveraged gold products, like the ProShares Ultra Gold Commodity (NYSE: UGL) and ProShares UltraShort Gold (NYSE: GLL) that provide exposure to commodity futures, GDXU and GDXD provide exposure to the performance of the two largest gold mining exchange traded funds, GDX and GDXJ, which invest in the common stocks of precious metal mining companies. Accordingly, an investor in GDXU and GDXD has exposure to these stocks, and does not have direct exposure to the price of gold itself. 

GDXU and GDXD are linked to the performance of the S-Network MicroSectors™ Gold Miners Index which tracks the performance of two of the largest gold mining exchange traded funds, the VanEck Vectors® Gold Miners ETF (the “GDX”) and the VanEck Vectors® Junior Gold Miners ETF (the “GDXJ”). The index’s underlying composition is market capitalization weighted across both ETFs.   

The chart below shows the performance of GDX and GDXJ from January 1, 2020 through December 2, 2020. Past performance is not indicative of future results.

image001_10.png

It’s worth noting that GDXU and GDXD are exchange traded notes (ETNs), not exchange traded funds (ETFs), a key difference. For example, ETNs are structured as senior unsecured debt obligations of the issuer. GDXU and GDXD are ETNs issued by the Bank of Montreal, and investors are subject to the bank’s credit risk. 

What These ETNs Track

GDXU and GDXD are linked to the performance of the S-Network MicroSectors™ Gold Miners Index (MINERS). The index tracks the performance of two of the largest gold mining ETFs, the VanEck Vectors Gold Miners ETF (NYSE: GDX) and the VanEck Vectors Junior Gold Miners ETF (NYSE: GDXJ). GDX tracks the performance of the NYSE Arca Gold Miners Index, which includes companies involved in the gold mining industry such as Newmont Corp (NYSE: NEM) and Barrick Gold Corp (NYSE: GOLD). GDXJ tracks the MVIS Global Junior Gold Miners Index.

GDXU seeks to deliver 3X the daily return of the index and GDXD seeks to return 3X the daily inverse return of the index. These are intended to be held as short-term investments and not intended to be buy-and-hold investments. 

The exchange traded notes are subject to the credit risk of Bank of Montreal, the issuer of the ETNs. The ETNs are also subject to the issuer’s credit ratings, and the issuer’s credit spreads may adversely affect the market value of the notes.
Please note that leveraged, inverse and inverse leveraged ETNs seek a return on the underlying index for a single day. Those investments are not “buy and hold” investments, and should not be expected to provide the respective return of the underlying index’s cumulative return for periods greater than a day. The investments are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. They are designed to achieve their stated investment objectives only on a daily basis. Leveraged investments include risk and are not suitable for all investors. You should proceed with extreme caution in considering an investment in the ETNs.  For each ETN, please read the disclosure documents, including the relevant pricing supplements, for additional information, including the relevant risk factors, before making an investment decision.
Bank of Montreal, the issuer of the ETNs, has participated in the preparation of this article in connection with its offering of the ETNs.  Bank of Montreal has filed a registration statement (including a pricing supplement, a prospectus supplement and a prospectus) with the Securities and Exchange Commission (the "SEC") about each of the ETNs that are being offered by this free writing prospectus. Please read those documents and the other documents relating to these offerings that Bank of Montreal has filed with the SEC for more complete information about Bank of Montreal and these offerings. These documents may be obtained without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Bank of Montreal, any agent or any dealer participating in these offerings will arrange to send the applicable documents if so requested by calling toll-free at 1-877-369-5412.

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© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Sours: https://finance.yahoo.com/news/3x-leveraged-gold-miners-etns-150544105.html

Leveraged Gold ETF List

This is a list of all Leveraged Gold ETFs traded in the USA which are currently tagged by ETF Database. Please note that the list may not contain newly issued ETFs. If you’re looking for a more simplified way to browse and compare ETFs, you may want to visit our ETF Database Categories, which categorize every ETF in a single “best fit” category.

* Assets in thousands of U.S. Dollars.

This page includes historical return information for all Leveraged Gold ETFs listed on U.S. exchanges that are currently tracked by ETF Database.

The table below includes fund flow data for all U.S. listed Leveraged Gold ETFs. Total fund flow is the capital inflow into an ETF minus the capital outflow from the ETF for a particular time period.

Fund Flows in millions of U.S. Dollars.

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.

Clicking on any of the links in the table below will provide additional descriptive and quantitative information on Leveraged Gold ETFs.

The following table includes ESG Scores and other descriptive information for all Leveraged Gold ETFs listed on U.S. exchanges that are currently tracked by ETF Database. Easily browse and evaluate ETFs by visiting our Responsible Investing themes section and find ETFs that map to various environmental, social and governance themes.

This page includes historical dividend information for all Leveraged Gold listed on U.S. exchanges that are currently tracked by ETF Database. Note that certain ETFs may not make dividend payments, and as such some of the information below may not be meaningful.

The table below includes basic holdings data for all U.S. listed Leveraged Gold ETFs that are currently tagged by ETF Database. The table below includes the number of holdings for each ETF and the percentage of assets that the top ten assets make up, if applicable. For more detailed holdings information for any ETF, click on the link in the right column.

The following table includes certain tax information for all Leveraged Gold ETFs listed on U.S. exchanges that are currently tracked by ETF Database, including applicable short-term and long-term capital gains rates and the tax form on which gains or losses in each ETF will be reported.

This page contains certain technical information for all Leveraged Gold ETFs that are listed on U.S. exchanges and tracked by ETF Database. Note that the table below only includes limited technical indicators; click on the “View” link in the far right column for each ETF to see an expanded display of the product’s technicals.

This page provides links to various analyses for all Leveraged Gold ETFs that are listed on U.S. exchanges and tracked by ETF Database. The links in the table below will guide you to various analytical resources for the relevant ETF, including an X-ray of holdings, official fund fact sheet, or objective analyst report.

This page provides ETF Database Ratings for all Leveraged Gold ETFs that are listed on U.S. exchanges and tracked by ETF Database. The ETF Database Ratings are transparent, quant-based evaluations of ETFs relative to other products in the same ETF Database Category. As such, it should be noted that this page may include ETFs from multiple ETF Database Categories.

Sours: https://etfdb.com/themes/leveraged-gold-etfs/

Gold etf leveraged

4 Leveraged Gold ETFs for Q4 2021

A number of exchange-traded funds (ETFs) are devoted exclusively to gold, a precious metal valued both for its industrial uses and its use as a store of value. The shiny metal is used in jewelry and is a key component in a number of electronics products. Investors have long viewed gold as a hedge against inflation and as a safe haven in times of economic turmoil. Gold ETFs provide investors with a way to take advantage of gold's unique investment characteristics, whether it's by tracking the price of the physical commodity or through shares of companies that mine the metal.

Key Takeaways

  • Gold futures contracts underperformed the broader market over the past 12 months.
  • Two of the four leveraged gold ETFs, which are UGL and DGP, offer 2x daily long leverage. The other two, which are GLL and DZZ, provide 2x daily short leverage.
  • These ETFs invest in futures contracts to take leveraged positions in gold.

Gold investors looking to amplify returns might consider a leveraged ETF. Unlike traditional ETFs whose portfolios are designed to track an index or commodity price on a one-to-one basis, leveraged ETFs use derivatives and debt to magnify the returns on the portfolio by a factor of two or even three. Though the use of leverage can lead to significantly higher gains, it can also lead to significantly higher losses, making leveraged funds much riskier than traditional ETFs.

Some leveraged ETFs amplify gains when the underlying index or commodity falls and amplify losses when the underlying index rises. These instruments are called inverse leveraged ETFs, and their added complexity makes them even riskier than traditional leveraged ETFs. Both leveraged and inverse leveraged ETFs are extremely complex financial instruments and are not meant for beginner investors.

Leveraged ETFs can be riskier investments than non-leveraged ETFs given that they respond to daily movements in the underlying securities they represent, and losses can amplify during adverse price moves. Furthermore, leveraged ETFs are designed to achieve their multiplier on one-day returns, but you should not expect that they will do so on longer-term returns. For example, a 2x ETF may return 2% on a day when its benchmark rises 1%, but you shouldn't expect it to return 20% in a year when its benchmark rises 10%. For more details, see this SEC alert.

There are four leveraged gold ETFs that trade in the U.S. Some of these funds are relatively small with low assets under management (AUM) and/or low trading volumes. For example, the DB Gold Double Long Exchange Traded Notes (DGP) and the DB Gold Double Short Exchange Traded Notes (DZZ) have extremely low trading volumes, making them relatively illiquid and adding to the overall costs of trading them. Investors should also be aware that the websites of these two funds are no longer operational. These funds are considered extremely risky and should be used only by sophisticated investors. There also used to exist 3x leveraged gold ETFs, such as the VelocityShares 3X Long Gold ETN (UGLD) and the VelocityShares 3X Inverse Gold ETN (DGLD). But these funds were delisted, with the last trading day of these two funds taking place on July 2, 2020. There are no more gold commodity ETFs trading in the U.S. that offer 3x leverage.

The price of gold has retreated since peaking in early August 2020. After reaching a recent trough in March of this year, the price has made some gains but has moved mostly sideways since mid-June. The Bloomberg Gold Subindex, which reflects the price movements of gold futures contracts, is down 9.0% over the past 12 months. By comparison, the S&P 500 is up 31.2%, as of Aug. 31, 2021. However, investors should note that leveraged gold ETFs are not meant to track gold over long time periods. The leverage of these funds resets on a daily basis and they are not intended for long-term, buy-and-hold strategies. The price growth figure cited above is to be used only as a reference illustrating how gold has performed over the past year. All data below is as of Aug. 31, 2021. The first two ETFs listed below provide 2x daily long leverage to gold while the second two provide 2x daily short leverage. Each pair is ranked by daily trading volume, a measure of liquidity.

Inverse ETFs can be riskier investments than non-inverse ETFs because they are only designed to achieve the inverse of their benchmark's one-day returns. You should not expect that they will do so on longer-term returns. For example, an inverse ETF may return 1% on a day when its benchmark falls -1%, but you shouldn't expect it to return 10% in a year when its benchmark falls -10%. For more details, see this SEC alert.

2x Long Leverage: ProShares Ultra Gold (UGL)

  • 3-Month Average Daily Volume: 151,738
  • Performance over 1-Year: -20.3%
  • Expense Ratio: 0.95%
  • Annual Dividend Yield: N/A
  • Assets Under Management: $249.4 million
  • Inception Date: Dec. 1, 2008
  • Issuer: ProShares

UGL is an ETF structured as a commodity pool, combining investor contributions to trade futures-based leveraged long positions in gold. The fund offers bullish investors daily investment returns (before fees and expenses), corresponding to 2x the daily performance of the Bloomberg Gold Subindex. Investors should be advised that this ETF resets on a daily basis and any investments in it should be monitored daily. Significant losses are possible, especially in volatile markets.

2x Long Leverage: DB Gold Double Long Exchange Traded Notes (DGP)

  • 3-Month Average Daily Volume: 10,227
  • Performance over 1-Year: -25.0%
  • Expense Ratio: 0.75%
  • Annual Dividend Yield: N/A
  • Assets Under Management: $100.2 million
  • Inception Date: Feb. 27, 2008
  • Issuer: Deutsche Bank

DGP is structured as an exchange-traded note (ETN), a type of unsecured debt instrument that tracks an underlying index of securities and trades like a stock. ETNs share characteristics similar to those of bonds, but they do not make periodic interest payments. The fund provides 2x daily long leverage to the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold. It offers a powerful trading tool for investors looking to take a short-term bullish position in gold futures. Its leverage resets on a daily basis, meaning that returns are compounded when held for multiple periods. DGP is intended for sophisticated investors and is not meant for use in a long-term portfolio.

ETFs with very low assets under management (AUM), less than $50 million, usually have lower liquidity than larger ETFs. This can result in higher trading costs, which can negate some of your investment gains or increase your losses.

2x Short Leverage: ProShares UltraShort Gold (GLL)

  • 3-Month Average Daily Volume: 96,706
  • Performance over 1-Year: 10.1%
  • Expense Ratio: 0.95%
  • Annual Dividend Yield: N/A
  • Assets Under Management: $21.3 million
  • Inception Date: Dec. 1, 2008
  • Issuer: ProShares

GLL is an inverse leveraged fund that uses futures contracts to take a leveraged short position in gold. It's structured as a commodity pool. The fund offers daily investment returns (before fees and expenses), corresponding to -2x the daily performance of the Bloomberg Gold Subindex. GLL's leverage resets on a daily basis, resulting in compounded returns when held for multiple periods. This ETF is a powerful tool that can amplify returns and should be used only by sophisticated investors. Investors with a low tolerance for risk should avoid this fund.

2x Short Leverage: DB Gold Double Short Exchange Traded Notes (DZZ)

  • 3-Month Average Daily Volume: 5,367
  • Performance over 1-Year: 10.3%
  • Expense Ratio: 0.75%
  • Annual Dividend Yield: N/A
  • Assets Under Management: $6.7 million
  • Inception Date: Feb. 27, 2008
  • Issuer: Deutsche Bank

DZZ is structured as an ETN and provides 2x daily short leverage to the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold. This fund is useful for investors looking to take a bearish short-term bet on gold. It is not meant to be held in a long-term, buy-and-hold portfolio. Also, investors should take note of the extremely low trading volume, which may make shares in the fund difficult to buy and sell.

The comments, opinions, and analyses expressed herein are for informational purposes only and should not be considered individual investment advice or recommendations to invest in any security or to adopt any investment strategy. Though we believe the information provided herein is reliable, we do not warrant its accuracy or completeness. The views and strategies described in our content may not be suitable for all investors. Because market and economic conditions are subject to rapid change, all comments, opinions, and analyses contained within our content are rendered as of the date of the posting and may change without notice. The material is not intended as a complete analysis of every material fact regarding any country, region, market, industry, investment, or strategy.

Sours: https://www.investopedia.com/articles/markets/071116/4-most-traded-2x-and-3x-gold-etfs-dust-nugt.asp
ETFs: Are Leveraged ETFs that Track the Gold Price Good?

Here Are 3 Leveraged Gold ETFs To Ride The Rally

Gold prices are posting solid gains and are near last week’s six-year high of $1,415.40 in August futures. After a lethargic several years, gold futures recently blasted above their near six-year high, topping the key level of $1400 per ounce for the first time since 2013.

Currently the gold futures market is headed for a 6.5% gain in the month of June after a 1.6% move in May. Collectively this represents the greatest subsequent monthly gain in the gold market since the January to February 2017 era, when the yellow metal rose more than 8%.

The current gold rally has been primarily driven by the federal reserve, which recently implied that interest-rate cuts could be coming as soon as next month, a normally unfavorable situation for the stock market; this has been driving investors into gold and other safe havens. The lustrous metal has also received a boost from the prospect of more potential easing monetary policies from other major central banks. Finally a combination of global growth concerns, rising oil tensions and looming war possibilities with Iran, as well as  generalized geopolitical tensions have also spurred demand for safe haven assets like gold and bonds.

Gold has traditionally been considered a reliable safe haven and store of value in times of turmoil. ETFs are a simple way to play the gold market without delving into the more volatile and perilous futures market directly. Investors who are bullish on gold may want to look into a investing in a precious metal ETF such as UGL, DGP, or UGLD. One thing to keep in mind, as these are leveraged products however, is that these ETFs are extremely volatile and more suitable for traders who have a high risk tolerance. Let’s take a look at these 3 leveraged gold ETFs.

TheProShares Ultra Gold ETF (UGL) seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Gold SubindexSM. This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares’ returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily.

The DB Gold Double Long ETN (DGP) offers 2x daily long leverage to the broad based Deutsche Bank Liquid Commodity Index-Optimum Yield Gold, making it a powerful tool for investors with a bullish short-term outlook for gold futures and Treasury bills. Investors should note that DGP’s leverage resets on a daily basis, which results in compounding of returns when held for multiple periods. DGP can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.

The VelocityShares 3x Long Gold ETN (UGLD) offers leveraged exposure to gold futures, making it potentially useful for those looking to bet heavily on a short-term movement in the price of the precious metal. Given the leverage utilized, UGLD can be expected to exhibit a fair amount of volatility; this ETN is designed for investors who are both risk-tolerant and sophisticated; it has no place in a long-term, buy-and-hold portfolio, and should only be used by those with the ability to monitor the position closely. UGLD can be a very powerful tool if used correctly, but if you’re not familiar with the nuances of leverage and futures-based strategies, it’s best to stay away.

For more leveraged ETF plays, visit our Leveraged & Inverse ETF Channel.

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Sours: https://www.etftrends.com/leveraged-inverse-channel/here-are-3-leveraged-gold-etfs-to-ride-the-rally/

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List of Inverse and Leveraged Commodity ETFs

Plenty of commodity exchange-traded funds (ETFs) are on the market today, including broad commodity funds, as well as ETFs that track specific assets like energy, metals, and materials.

Some investors favor implementing advanced ETF trading strategies like using leveraged and inverse ETFs. These funds are for serious traders, and caution is highly advised when putting your money into these investments. For those traders who want to apply alternate strategies to the commodity ETF market, here is a list of both leveraged and inverse ETFs, broken out by commodity type, both broad and specific.

Leveraged and Inverse Energy ETFs

  • ERX - Direxion Daily Energy Bull 3X Shares ETF
  • ERY - Direxion Daily Energy Bear 3X Shares ETF

Leveraged and Inverse Oil ETFs

Leveraged and Inverse Natural Gas ETFs

  • BOIL – ProShares Ultra DJ UBS Natural Gas ETF
  • KOLD – UltraShort DJ UBS Natural Gas ETF
  • DDG - ProShares Short Oil and Gas ProShares ETF

Leveraged and Inverse Gold ETFs

  • DGLDF - VelocityShares 3x Inverse Gold ETN
  • DUST - Direxion Daily Gold Miners Bear 3x Shares ETF
  • GLL - ProShares UltraShort Gold ETF
  • NUGT - Direxion Daily Gold Miners Bull 3x Shares ETF
  • UGLDF - VelocityShares 3x Long Gold ETN

Leveraged and Inverse Silver ETFs

  • AGQ - ProShares Ultra Silver ETF
  • ZSL – ProShares UltraShort Silver ETF
  • USLVF - VelocityShares 3x Long Silver ETN
  • DSLVF - VelocityShares 3x Inverse Silver ETN

Leveraged and Inverse Platinum ETFs

  • LPLA.MI - 2x Daily Long Platinum ETN
  • IPLT.L - 2x Inverse Platinum ETN

Leveraged and Inverse Materials ETFs

  • SBM – ProShares Short Basic Materials ETF
  • SMN – ProShares UltraShort Basic Materials ETF
  • UYM - ProShares UltraBasic Materials ETF

As mentioned, leveraged and inverse ETF trading is an advanced strategy—not for novices. As of summer 2021, your brokerage isn't legally obligated to step in and stop a risky trade. With many of these ETFs, the upside and downside are near limitless.

Due to the risks involved, these instruments are under constant scrutiny from financial market regulators. Before making any trade, research any or all funds you are considering for your portfolio. Conduct your due diligence, and consult your financial professional if you have questions or concerns.

Sours: https://www.thebalance.com/list-of-inverse-and-leveraged-commodity-etfs-1214759


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