List of Gold ETFs and ETNs Listed on U.S. Exchanges
These products give investors exposure to the daily price movement of gold bullion. Investors looking to invest in gold without purchasing physical gold or opening a futures account will often look to exchange-traded products as an alternative investment vehicle. For traders looking for ETFs with higher volume, the iShares Gold Trust (IAU) and SPDR Gold Shares (GLD) have historically been the two vehicles in this category with the highest daily volume.
Gold ETFs and ETNs – Clicking on the link will take you to the ETF providers website.
X-Links Gold Shares Covered Call ETN (This ETN is designed to move in the same direction as the Credit Suisse NASDAQ Gold FLOWSTM 103 Index. This index measures the returns of a covered call writing strategy on the SPDR Gold Trust)
ETFS Physical Swiss Gold Shares (SGOL) (This ETF is designed to move in the same direction as the price of gold bullion)
iShares Gold Trust (IAU) (This trust is designed to move in the same direction as the price of gold bullion)
VanEck Merk Gold Trust (OUNZ) (This ETF is designed to move in the same direction as the price of gold. Investors have the option to take physical delivery of gold if they desire)
PowerShares DB Gold Fund (DGL) (The PowerShares DB Gold Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Gold Index Excess Return™ (“DB Gold Index” or the “Index”) plus the interest income from the Fund’s holdings of US Treasury securities less the Fund’s expenses)
SPDR Gold Shares (GLD) (This ETF is designed to move in the same direction as the price of gold bullion)
Sprott Physical Gold Trust ETV (PHYS) (Designed for investors who want to hold physical gold without directly investing in physical gold bullion)
UBS E-TRACS CMCI Gold Total Return ETN (UBG) (This ETN is designed to move in the same direction as the price of gold and is based upon is designed to reflect the returns (unleveraged) from a basket of gold futures contracts. Investors looking to invest in gold without opening a futures account (or purchasing physical gold) can use gold ETFs/ETNs as an alternative investment vehicle. Investors should be aware that investing in ETNs is not the same as owning interests in the gold futures contracts as there is no principal protection)
Gold ETFs and ETNs: Purchased with Currencies other than U.S. Dollars
AdvisorShares Gartman Gold/Euro ETF (GEUR) (This ETF uses the euro to invest in gold as an alternative to U.S. dollars. Euros are obtained through methods which can include exchange-traded currency futures or foreign exchange forward contracts)
AdvisorShares Gartman Gold/Yen ETF (GYEN) (This ETF uses the Japanese yen to invest in gold as an alternative to U.S. dollars. The Japanese Yen are obtained through methods which can include exchange-traded currency futures or foreign exchange forward contracts)
Gold ETFs and ETNs: Leveraged
PowerShares DB Gold Double Long ETN (DGP) (This ETN allows investors to take a leveraged position on the Deutsche Bank Liquid Commodity Index — Optimum Yield Gold. In the case of this ETN, the multiplier is 2x (200%). This means the ETN is seeking a daily target equal to 200% of the Deutsche Bank Liquid Commodity Index — Optimum Yield Gold)
ProShares Ultra Gold (UGL) (This ETF allows investors to take a leveraged position on gold bullion. In the case of this ETF, the multiplier is 2x (200%). This means the ETF is seeking a daily target equal to 200% of the daily performance of gold bullion)
VelocityShares 3x Long Gold ETN (UGLD) (This ETN allows investors to take a leveraged position on the S&P GSCI Gold Index ER. In the case of this ETN, the multiplier is 3x (300%). This means the ETF is seeking a daily target equal to 300% of the S&P GSCI Gold Index ER)
Gold ETFs and ETNs: Short
PowerShares DB Gold Short ETN (DGZ) (This ETN attempts to move in the opposite direction of the Deutsche Bank Liquid Commodity Index — Optimum Yield Gold. If the Deutsche Bank Liquid Commodity Index — Optimum Yield Gold goes up, the ETN is designed to go down. If the Deutsche Bank Liquid Commodity Index — Optimum Yield Gold goes down, the ETN is designed to go up.)
DB Gold Double Short ETN (DZZ) (This ETN allows investors to take a leveraged bearish position against the Deutsche Bank Liquid Commodity Index — Optimum Yield Gold. If the Deutsche Bank Liquid Commodity Index — Optimum Yield Gold goes down, this ETN is designed to go up two times the amount the index went down. Conversely, if the Deutsche Bank Liquid Commodity Index — Optimum Yield Gold goes up, this ETN is designed to go down two times the amount the index went up)
ProShares UltraShort Gold (GLL) (This ETF allows investors to take a leveraged bearish position against gold bullion as measured by the U.S. Dollar fixing price for delivery in London. If the price of gold bullion goes down, this ETF is designed to go up two times the amount the price went down. Conversely, if the price of gold bullion goes up, this ETF is designed to go down two times the amount the price went up)
Velocityshares 3X Inverse Gold ETN (DGLD) (This ETN allows investors to take a leveraged bearish position against the S&P GSCI Gold Index ER. If the S&P GSCI Gold Index ER goes down, this ETN is designed to go up three times the amount the index went down. Conversely, if the S&P GSCI Gold Index ER goes up, this ETN is designed to go down three times the amount the index went up)