UGLDVelocityShares 3x Long Gold ETN(Exchange Traded Note Leveraged 3xMatures: 10/17/2031, Rebalanced: Daily)
XTF Rating* 5.2
Price:$188.54 3.62(1.96%)
52 Week:$90.65 - $210.21
Volume: 42,990
Avg Daily Volume: 164,063
Market Cap: $263,609,562 Avg Trade Size: 102 shares
Fund Turnover: 10 days 5/29/2020 10:05:56 AM
Similar ETFs to UGLD: UGL, USLV, AGQ, DGP

VelocityShares 3x Long Gold ETN is an exchange-traded fund incorporated in the USA. The VelocityShares 3x Long Gold ETNs linked to the S&P GSCI Gold Index ER (the 'ETNs') are senior, unsecured obligations of Credit Suisse AG ('Credit Suisse') acting through its Nassau branch. The ETNs seek to provide long exposure to three times (3x) the daily performance of the S&P GSCI Gold Index ER (the 'Index') plus a daily accrual equal to the return that could be earned on a notional capital reinvestment at the three month U.S. Treasury rate as reported on Bloomberg under ticker USB3MTA, less the daily investor fee. The ETNs are intended to provide traders with an exchange traded instrument enabling them to efficiently express their market views on the COMEX gold future. We intend to list the ETNs on NYSE Arca under the symbol 'UGLD', however there is no assurance that our application will be approved and we have no obligation to maintain any listing on NYSE Arca or any other exchange. Any payments investors are entitled to receive on the ETNs are subject to the credit risk of the Issuer. The ETNs do not guarantee any return of principal at maturity and do not pay any interest during their term.

Inception Date: 10/17/2011Geography: Global  Asset Class: Commodity
Primary Exchange: NASDAQ Stock MarketInvestment Philosophy: Passively ManagedPrice Basis: Derivatives (Futures)
Issuer: Credit Suisse AGUnderlying Index: S&P GSCI Gold IndexHard Asset Type: Precious Metals > Gold
Index Provider: Standard & Poor'sIndex Composition: Equal-Weighted

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
UGLD Structural Integrity ranks in the 32nd percentile (among all 107 Commodity ETFs over past 6 months).
as of 3/31/2020 Value  Rank (%)
Expense Ratio 1.35% 
 17.1%
Average Bid Ask Ratio Premium Content 
 56.2%
Tracking Error Premium Content 
 35.1%
Concentration Risk Premium Content 
 0.9%
Market Impact Premium Content 
 55%
Efficiency Premium Content 
 66.7%
Cap Gains Dist Premium Content 
 100%
     
as of 5/28/2020  
Avg Number of Components   (range) 1   (1-1)
Legal Structure Senior, Unsecured, Unsubordinated Debt 
Annual Yield 0.00%
Last Dividend PaidDate 0.0, n/a   See Distributions
Options / Futures Available N  /  N 
Short Interest / Days to Cover N.A. /  N.A.
Net Asset Value $261,787,160 
Premium (Discount) 0.7% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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