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GLDIUBS ETRACS Gold Shares Covered Call ETN

Get income13y track recordRanked #782 of 1,706 in this goal

Seeks a return linked to the Credit Suisse NASDAQ Gold FLOWS 103 Index — a covered-call strategy on SPDR Gold Trust shares — paying a variable monthly coupon.

By UBS AG · Launched 2013

Annual Cost

0.65%

#3,547 of 6,040 · average

Fund Size

$177M

#2,566 of 6,040 · mid-size

Return (1Y)

+11.3%

Track Record

13 years

#1,046 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,885+8.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

Global

Strategy

Option income

Index tracked

NASDAQ Gold FLOWS 103 Index

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
17.5%Moderate

Year-on-year price swings

Max drawdown
-15.8%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
1.16Strong risk-adjusted returns
Sortino (3Y)
1.58Good downside protection

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks a return linked to the Credit Suisse NASDAQ Gold FLOWS 103 Index — a covered-call strategy on SPDR Gold Trust shares — paying a variable monthly coupon.
Strategy
The principal investment strategy involves allocating exposure between the Credit Suisse US Equity Futures Index and two Fixed Income Indices based on historical volatility and performance signals, with a maximum notional exposure of 125% to achieve the volatility target.
Inception date
January 29, 2013
Fund family
UBS AG

Next steps

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Data updated on 2026-09-18