WisdomTree Gold 2x Daily Leveraged
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The WisdomTree Gold 2x Daily Leveraged fund aims to double the daily movements of gold prices by investing primarily in gold futures contracts that make up the Bloomberg Gold Sub Excess Return Index. By using leverage, the fund seeks to provide twice the daily return of this gold index, meaning if gold prices go up by 1% in a day, the fund aims for a 2% gain, and if gold prices drop by 1%, the fund targets a 2% loss. This approach allows investors to gain amplified exposure to gold’s daily price changes.
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goldleveragedbloomberg gold sub excess return index