Within the ETF universe, Gold ETFs continue to gain popularity as the number of offerings has grown to more than 30 Gold ETFs trading in the U.S. today. Gold ETFs are popular because they are managed by gold experts, allow for instant diversification within a portfolio and are easy to buy and sell. Along with Gold ETFs and ETNs, investors can also trade gold miner ETFs and inverse and leveraged gold ETFs and ETNs. The first US-listed ETF backed by a physical asset was the SPDR Gold Shares ETF (GLD), which launched in November 2004. Since then, many ETF issuers have entered the space as the demand for gold has increased thanks to gold’s track record in hedging volatility.

Gold ETF Overview

Gold ETFs serve as a good investment vehicle to trade gold, rather than invest in it, since buying and selling physical gold isn’t the most efficient and feasible option. Gold ETFs are significant in that they provide exposure to investors by tracking the price changes of the precious metal, allowing for opportunities to profit without owning the physical asset like gold bars or coins. Thus, when an investor redeems a gold ETF, they do not receive the precious metal, but rather the cash equivalent. Gold ETFs can be accumulated in small amounts and are fairly liquid, meaning they can be easily sold.

SYMBOLFUND NAMEISSUERTOTAL ASSETSAVG QUARTERLY VOLUMEYTDASSET CLASSPREV CLOSING PRICE
SGOLETFS Physical Swiss Gold SharesETF Securities$798,731,50038,497-4.73%Commodity$119.91
UGLProShares Ultra GoldProShares$79,537,50045,365-12.96%Commodity$35.24
UBGETRACS CMCI Gold Total Return ETNUBS$6,280,900272-4.85%Commodity$31.38
UGLDVelocityShares 3x Long Gold ETNVelocityShares$133,477,200138,452-21.55%Portfolio-Multi Asset$88.19
BARGraniteshares Gold TrustGraniteShares$305,679,60016,535-4.86%Commodity$124.26
DGLDVelocityShares 3x Inverse Gold ETNVelocityShares$18,103,60069,29017.35%Portfolio-Multi Asset$50.67
DUSTDirexion Daily Gold Miners Bear 3X SharesDirexion Investments$106,875,4002,240,61115.19%Equity$26.88
GDXVanEck Vectors Gold Miners ETFVan Eck Associates$9,330,860,00046,180,039-12.48%Equity$20.44
GLDIX-Links Gold Shares Covered Call ETNCredit Suisse Group AG$40,080,00013,559-7.53%Commodity$8.33
GLLProShares UltraShort GoldProShares$19,018,7009,13811.36%Commodity$77.28
GOAUU.S. Global GO GOLD and Precious Metal Miners ETFUS Global Investors$10,710,0006,386-16.83%Equity$10.75
GOEXGlobal X Gold Explorers ETFGlobal X Mgt$32,597,0004,060-20.48%Equity$18.48
IAUiShares Gold TrustBlackRock iShares$10,893,880,00012,998,851-4.8%Commodity$11.94
JDSTDirexion Daily Junior Gold Miners Index Bear 3X SharesDirexion Investments$67,262,400501,59828.13%Portfolio-Multi Asset$65.1
JNUGDirexion Daily Junior Gold Miners Index Bull 3X SharesDirexion Investments$650,648,40011,535,984-56.87%Portfolio-Multi Asset$7.75
NUGTDirexion Daily Gold Miners Bull 3X SharesDirexion Investments$1,155,744,00010,023,259-49.75%Equity$16.17
OUNZVaneck Merk Gold TrustVan Eck Associates$139,615,20043,771-4.82%Commodity$12.22
RINGiShares MSCI Global Gold Miners ETFBlackRock iShares$184,030,50013,549-15.53%Equity$16.5
SGDMSprott Gold Miners ETFALPS Holdings$130,973,500295,416-20.09%Portfolio-Multi Asset$15.54
SGDJSprott Junior Gold Miners ETFALPS Holdings$38,114,00041,151-31.67%Portfolio-Multi Asset$16.28
IAUFiShares Gold Strategy ETFBlackRock iShares$4,792,00046,124-4.28%Commodity$22.47
GLDWSPDR Long Dollar Gold TrustState Street Global Advisors$19,353,6008751.94%Commodity$47.85
GLDSPDR Gold SharesState Street Global Advisors$30,578,284,8002,197-5%Commodity$123.39
GDXJVanEck Vectors Junior Gold Miners ETFVan Eck Associates$4,079,955,6008,399,435-17.17%Equity$117.79
GDXSProShares UltraShort Gold MinersProShares$2,694,20034,65913.44%Equity$38.96
GDXXProShares Ultra Gold MinersProShares$8,532,20013,550,771-29.9%Equity$28.37
GLDMSPDR Gold MiniShares TrustState Street Global Advisors$324,684,0007,746-1.39%Portfolio-Multi Asset$16.54
AAAUPerth Mint Physical Gold ETFExchange Traded Concepts$80,925,0006,7326.09%Commodity$29.65
DGPPowerShares DB Gold Double Long ETNInvesco$79,970,300561,551-12.53%Commodity$12.45
DGZPowerShares DB Gold Short ETNInvesco$10,739,80091,9007.75%Commodity$12.42
DZZPowerShares DB Gold Double Short ETNInvesco$20,329,70019,02715.67%Commodity$21.96
DGLInvesco DB Gold FundInvesco$101,166,0008,765-5.61%Commodity$14.7
PSAUInvesco Global Gold and Precious Metals ETFInvesco$23,968,50017,357-14.45%Equity$6.15

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