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VELOCITYSHARES 3X LONG GOLD ETN: (NASD : UGLD)

(U.S : NASD) As of Apr 15, 2014 03:59 PM ET

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$15.91 USD

-0.95 (-5.64%)

Volume: 283,409

Zacks ETF Rank: 0 - Not Rated [?]          

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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ETF Quote Details

Previous Close 16.86
Open 15.65
Bid 15.02
Ask 16.95
Day Low-High 15.55-15.99
52wk Low-High 12.29-19.38
Volume 283,409
NAV (month end) 16.79
Premium (+)/Discount (-) (month end)+0.07

Zacks Premium Research for UGLD

Zacks ETF Rank [?] Not rated 0
ETF Risk [?] NA

Learn to Profit from the Zacks Rank

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Premium - The only way to get access to the Zacks Rank

ETF Expense Ratio

Expense Ratio 1.35%
Dividend (Yield) $0.00 (0.00%)
Issuer VELOCITYSHARES

Benchmark for UGLD

SP GSCI GOLD INDEX ER 300%

Index is the excess return version of a sub-index of the S&P GSCI Index and represents only the gold component of, and is composed entirely of gold futures contracts included in, the S&P GSCI Index.The S&P GSCI is designed to be a measure of the performance over time of the markets for these commodities.

Fund Summary for UGLD

VELOCITYSHARES 3X LONG GOLD ETN

It is senior, unsecured obligations of Credit Suisse. It seeks to provide long exposure to 3x the daily performance of the S&P GSCI Gold Index ER plus a daily accrual equal to the return that could be earned on a notional capital reinvestment at the three month U.S. Treasury rate less the daily investor fee. It provides traders to express their market views on the COMEX gold future.