List of Leveraged Gold ETFs and ETNs

2x and 3x Gold Funds

Gold Coins on Scale
Jeffrey Coolidge / Getty Images

There's no doubt that gold is a popular asset among investors. And there are multiple ways to invest in gold, including futures, options, indexes, mutual funds and even buying gold bars. However, since this website is all about ETFs, we're akin to investing in gold ETFs.

But for some advanced investors, leveraged funds are a nice tool for a trading strategy. And for those investors looking for a leveraged return on gold values, then leveraged gold ETFs might be a good investing vehicle to accomplish those goals as well.

However, you have to be careful with leveraged ETFs as they are calculated on a daily basis. An important distinction that some may not realize if they are new to leveraged funds.

But if you have a good grasp on leveraged funds, then you know they have their advantages as well. Not just on their returns, but other benefits such as the way taxes are calculated and how they can save you money on commissions and fees.

So if you are interested in trading some leveraged gold ETFs, I can help. Here is a list of the current leveraged funds on the market, so you can research each ETF (or ETN) and see which is the best fit for your portfolio...

List of Leveraged Gold ETFs

  • DGLD - 3x Inverse Gold ETN
  • DGP - DB Gold Double Long ETN
  • DZZ - DB Gold Double Short ETN
  • FSG - Factor Shares 2X Gold Bull S&P500 Bear ETF
  • GLDL - Direxion Daily Gold Bull 3X Shares ETF
  • GLDS - Direxion Daily Gold Bear 3X Share ETF
  • GLL - the Ultra Short Gold Pro Shares ETF
  • NUGT - Direxion Daily Gold Miners Bull 2x Shares ETF
  • UGL - the Pro Shares Ultra Gold ETF
  • UGLD - 3x Long Gold ETN
  • BARS - Direxion Daily Gold Bull 3x Shares ETF (Closed)

And while the above are gold funds, there are leveraged gold miner funds on the market as well...

List of Leveraged Gold Miners ETFs

  • DUST - Direxion Daily Gold Miners Bear 2x Shares ETF
  • GDJJ - Pro Shares Ultra Junior Miners ETF
  • GDJS - Pro Shares Ultra Short Junior Miners ETF
  • GDXS - Pro Shares Ultra Short Gold Miners ETF
  • GDXX - Pro Shares Ultra Gold Miners ETF
  • JDST - Direxion Daily Junior Gold Miners Index Bear 3X Shares ETF
  • JNUG - Direxion Daily Junior Gold Miners Index Bull 3X Shares ETF

And gold isn't the only precious metal that has leveraged funds. There are a few for silver and platinum, too.

List of Silver Leveraged ETFs

  • AGQ - the Pro Shares Ultra Silver ETF
  • ZSL - the Pro Shares Ultra Short Silver ETF

List of Platinum Leveraged ETFs

  • LPLT - 2x Long Platinum ETN
  • IPLT - 2x Inverse Platinum ETN

And finally, for those who are interested, we have a list of inverse gold funds that are also leveraged...

List of Inverse and Leveraged Gold ETFs

  • DGLD - 3x Inverse Gold ETN
  • DUST - Direxion Daily Gold Miners Bear 2x Shares ETF
  • DZZ - DB Gold Double Short ETN
  • GLDS - Direxion Daily Gold Bear 3X Share
  • GLL - Ultra Short Gold Pro Shares ETF
  • ZSL - the Pro Shares Ultra Short Silver ETF

So there you have a full list of leveraged gold (and other precious metals) ETFs for your research. However, before making any trades, be sure to conduct your due diligence. Understand the risks of each fund, watch how they react to different market conditions and take a look under the hood as well.

A lot of times, leveraged ETFs utilize derivatives to achieve their goals. So be sure to see what is in the ETF.

And if you have any questions or concerns, be sure to consult with a financial professional as well, such as a broker or advisor. However, once you know which fund (or funds) are right for your investing strategy, then good luck with all of your trades.

Disclaimer: I do not have any open positions in any of the above funds on this list at the time of publication on this article about leveraged gold exchange traded products - Mark Kennedy