VelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI Gold Index ER (DGLD)
ETF analysis · NASDAQ · Financial Services · Asset Management
VelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI Gold Index ER (DGLD) is an exchange-traded fund in the Financial Services sector. Latest price: $15.17. Market cap $11.97M. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About VelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI Gold Index ER
The main goal of this investment product is to deliver, after accounting for its expenses, returns that are three times the opposite (inverse) of the performance of the S&P GSCI Gold Index ER. This specific index, which the product aims to inversely track, is built from futures contracts pertaining to a single commodity: gold. The index's value changes are typically intended to align with shifts in the price of gold across international markets.
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