Gold-based exchange traded funds (ETF) have gained tremendous popularity as a low-cost financial security. It not only allows one to invest in gold for long term investment like a standard stock, but also allows day-trading opportunities in real time with tick-by-tick price changes. Gold has been the preferred precious metal for investment. In fact, it was the first ever currency that was used in ancient times. Gold has been the trusted asset for centuries, and many consider it to be the safest bet against inflation and even the big market declines, like the one resulting from Corona virus mess during February 2020. (See also, List of Silver ETFs, List of Platinum ETFs, List of Palladium ETFs and List of Precious Metals ETFs.) Following is the list of all 43 exchange-traded funds that FKnol has in its database for ETFs which belong to the Gold category:
The VelocityShares 3X Long Gold ETN provides 3x exposure to a subset of the GSCI that only includes gold contracts. ...Detailed Profile Dividend Frequency: NA Dividend History
Category: Leveraged Commodities
The SPDR Gold Trust tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. ...Detailed Profile Dividend Frequency: NA Dividend History
Category: Precious Metals
$167.84
-1.15%
0.4%
1
3.
ETF Gold ZVZZT Corp Ltd. (ZVZZT)
The ETF Gold belonging to the Multi-Asset category, sub-sector and trading in the US market has the following ETF profile. ...See
The iShares Gold Strategy ETF is actively managed to maximize correlation to an index that tracks the spot price of gold. ...Detailed Profile Dividend Frequency: Annually Dividend History
Category: Precious Metals
The ProShares Ultra Gold fund provides 2x exposure to the daily performance of gold bullion as measured by the fixing price, in US dollars, for delivery in London. ...Detailed Profile Dividend Frequency: Quarterly Dividend History
Category: Leveraged Commodities
$54.59
-7.46%
0.95%
1
6.
ETF Gold ZVZZT Corp Ltd. (ZVZZT)
The ETF Gold belonging to the Commodity category, Precious Metals sub-sector and trading in the US market has the following ETF profile. ...See
The investment seeks the return on the notes is linked to a three times leveraged participation in the daily performance of the S-Network MicroSectorsTM Go ...Detailed Profile Dividend Frequency: NA
The ETRACS CMCI Gold Total Return ETN tracks an index of gold futures contracts. It uses a set of 5 futures contracts of different maturities to maintain its exposure. ...Detailed Profile Dividend Frequency: NA Dividend History
Category: Precious Metals
$47.29
0%
0.3%
1
9.
ETF Gold ZVZZT Corp Ltd. (ZVZZT)
The ETF Gold belonging to the category, sub-sector and trading in the US market has the following ETF profile. ...See
A large number of Gold ETFs have been launched in the local U.S. and global markets that allow easy and low-cost investments in gold. Multiple variants of such exchange traded securities exists. In one form, these Gold ETFs work by holding real gold metal in a safe custody using the capital collected from investors. The price of such ETF units represents the cost of a proportional gold unit, and these prices move with every change in the gold prices. Another form of gold ETF invests in derivative products like futures and options which are based on gold commodity. These kind of gold ETFs also offer good options to either amplify the returns by a given leverage factors (like 2x or 3x) or they may also offer inverse return option where the price of ETF unit moves opposite to the price of gold. One should look for Bear or Inverse in the names of such kind of Inverse Gold ETFs (List of Inverse Gold ETFs). The third kind of gold ETF invests in a select basket of stocks of companies that derive their business and revenues from gold based operations. For instance, companies which are in the business of mining, extracting, or purifying gold metal, or those in the jewel-making business. Such Gold ETFs may also include the passive ones which simply attempt to replicate the performance of a gold-linked stock market index. These come at relatively low cost as they dont actively engage in research or other cost incurring activities. Investors must study the underlying of the gold ETFs properly before making investment decisions, and select the one which best fits their needs and investment principles.
Where do Gold ETFs Invest?
A long list of companies and different financial instruments exist where the Gold exchange-traded funds may invest the money collected from the ETF investors. Below is a small sample of companies whose stocks may qualify for investment by Gold ETFs, though there can be many more businesses and financial instruments where these ETFs can park the capital for returns:
▶ B2Gold Corp (BTG): Canada-based gold producer with approximately four operating mines and one mine under construction. The Company has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua.....Detailed Company Profile....Dividend History
▶ Gold Fields Limited (GFI): Gold Fields Limited operates as a gold producer with reserves and resources in South Africa, Ghana, Australia, and Peru. It holds interests in 7 operating mines with an annual gold-equivalent producti....Detailed Company Profile....Dividend History
▶ Barrick Gold Corp (GOLD): Barrick Gold Corporation explores for and develops mineral properties. The company primarily explores for gold, copper, and silver deposits. It holds a 50% interest in the Veladero, a gold mine locate....Detailed Company Profile....Dividend History
▶ Newmont Mining Corporation (NEM): Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold, copper, and silver. Its operatio....Detailed Company Profile....Dividend History
▶ Kirkland Lake Gold Ltd. (KL): Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company owns and operates four underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine i....Detailed Company Profile....Dividend History
▶ AngloGold Ashanti Limited (AU): AngloGold Ashanti Limited operates as a gold mining company. It also produces silver, uranium, and sulphuric acid; and dóre bars. The company operates 14 mines and 3 projects in 10 countries in South....Detailed Company Profile....Dividend History