While gold-based exchange-traded funds (ETF) have become very popular, often there are concerns about the gold prices sky-rocketing to the higher levels (See List of Gold ETFs.) This scenario happens when the stock market collapses, like that around Corona virus fiasco in February 2020, and gold prices shot through the roof. There are the usual investors who may like to take a short or inverse position in gold at the high price levels with an aim to reap profits when the gold prices come down. The Inverse gold ETFs, also called as short gold exchange-traded funds, allow for a low and cost effective manner to take a short position in gold, and benefit from any potential price declines. This article lists the popular inverse gold ETFs available for trading in the U.S. markets. Following is the list of all 3 exchange-traded funds that FKnol has in its database for ETFs which belong to the Inverse Gold category:
All Inverse Gold ETFs
List of All Inverse Gold ETFs
🡄 1-3 🡆
No.
Name (Ticker)
Short Description
Current Price
%YTD Gains
Expense Ratio
No. of Holdings*
Sorted by Ticker. Click on the arrow buttons to sort the table as per the desired column
The Direxion Daily Gold Miners Index Bear ETF provides 2X inverse exposure to a market-cap-weighted index of global gold and silver mining firms. ...Detailed Profile Dividend Frequency: Quarterly Dividend History
Category: Leveraged Equities
The ProShares UltraShort Gold ETF provides -2x the daily performance of gold bullion as measured by the fixing price, in US Dollars, for delivery in London. ...Detailed Profile Dividend Frequency: NA Dividend History
Category: Leveraged Commodities
$20.3
-23.02%
0.95%
1
3.
ETF Inverse Gold ZVZZT Corp Ltd. (ZVZZT)
The ETF Inverse Gold belonging to the Equity category, Multi-Cap sub-sector and trading in the US market has the following ETF profile. ...See
Inverse gold ETFs generate returns which are opposite in direction to the movement in the gold prices. For example, if the gold prices jump by 5 percent, the inverse gold ETF is expected to generate a loss of similar 5 percent, and if the gold prices go down by 2 percent, the inverse gold ETF will go up by 2 percent over the same period. There are also leveraged inverse gold ETFs - which amplify the returns. For instance, there may be a 3x inverse gold ETF, which will generate a profit of 6 percent in the event of gold prices going down by 2 percent - that is, returns are multiplied by the leverage factor of 3x and are in opposite direction. (See also, List of Silver ETFs, List of Platinum ETFs, List of Palladium ETFs and List of Precious Metals ETFs.)
Where do Inverse Gold ETFs Invest?
A long list of companies and different financial instruments exist where the Inverse 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 Inverse Gold ETFs, though there can be many more businesses and financial instruments where these ETFs can park the capital for returns:
▶ 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
▶ 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
▶ 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
▶ Royal Gold, Inc. (RGLD): Royal Gold, Inc., incorporated on January 5, 1981, together with its subsidiaries, is engaged in acquiring and managing precious metal streams, royalties and similar interests. The Company operates through two ....Detailed Company Profile....Dividend History