UGLDDirexion Daily Gold Bull 2X ETF
Seeks daily investment results of 200% of the daily performance of exchange-traded products reflecting the price performance of gold.
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#5,699 of 5,699 · expensive
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#5,699 of 5,699 · small
-86.1%
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#5,699 of 5,699 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundRisk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results of 200% of the daily performance of exchange-traded products reflecting the price performance of gold.
- Strategy
- Invests primarily in economic equivalents of gold via Reference ETPs and financial instruments providing 200% daily exposure to those ETPs. The Fund does not invest directly in gold.
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Your return drifts the longer you hold
Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-07-12