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VelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI® Gold Index ER (DGLD)

49.68
Delayed Data
As of Jul 25
 +0.55 / +1.13%
Today’s Change
39.69
Today|||52-Week Range
69.37
-23.07%
Year-to-Date

Investment Objective

The investment seeks to replicate, net of expenses, three times the opposite (inverse) of the S&P GSCI Gold index ER. The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of gold in global markets.

Pure Play Leveraged Gold Trade
Jul 19 / GuruFocus News - Paid Partner Content
 

Performance

1 month+0.24% 3 years-8.02%
3 months+4.94% 5 years-0.77%
1 year+12.83% Since inception-0.26%
Data through 07/26/2017

Quote Details

Previous close$49.13
Open day’s range49.23 – 49.84
Net asset value (NAV)50.29 (07/20/2017)
Daily volume141,497
Average volume (3 months)81,169
Data as of 07/25/2017

Peer Comparisonvs. Trading--inverse commodities ETFs

 DGLDCategory
Performance 5-yr return-0.77%-5.88%
Expense Gross exp ratio1.35%2.34%
Risk 5 year sharpe ratio0.24--
Net assets$16.7M$4.5M
Average market cap----
Average P/E----
Dividend / Share--4.92%

Competitors

DEE DB Commodity Double Short ETN
DDP DB Commodity Short ETN
DNO United States Short Oil Fund, LP

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.