VelocityShares 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD)
- Commodity | Gold Oriented Funds
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.
Fund Snapshot Updated 04.16.2014
|Previous Close||$59.31||Expense Ratio||1.35%|
|YTD Return||23.88%||Avg. 30-Day Volume||73,500|
|1-Year Return||7.8%||Market Cap||Loading...|