With SPDR ETFs, you can obtain exposure to commodities, commodity producing equities and other real assets.
SPDR Long Dollar Gold TrustImportant Risk Information
Gross Expense Ratio: 0.50%
Net Expense Ratio: 0.50%
- Holds physical gold bullion
- Designed to provide investors with the economic effect of holding gold with a basket of non-US currencies
- Seeks to counter the historically negative correlation between a strengthening dollar and gold prices
- May help increase portfolio diversification and preserve purchasing power1
- Designed to take advantage of USD strength that has historically at times accompanied a surge in the gold price during downturns and times of market stress2
An investment in GLDW entails a risk of loss and the diversification offered by the fund does not ensure a profit or a guarantee against loss.
Research, commentary and information available for this fund:
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1Over the past 25 years, the correlation of gold to stocks, bonds and other commodities was -0.01, 0.21, and 0.41, respectively. Source: SSGA, Bloomberg, as of 12/31/2016. Computed using monthly return data from December 1991 to December 2016. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income.
2During the Great Recession from January 1, 2008 to March 31, 2009, spot gold rose 9.9% and the US Dollar Index rose 11.4%. During the first volatile phase of the Sovereign Debt Crisis from Dec. 1, 2009 to May 28, 2010, spot gold rose 2.7% and the US Dollar Index rose 15.5%. During the second volatile phase of the Sovereign Debt Crisis from Apr 29, 2011 to Jun 29, 2012, spot gold rose 4.1% and the US Dollar Index rose 11.6%. The sovereign debt crisis refers to the period of time beginning in 2008 when several European countries on the periphery of the Eurozone became unable to repay or refinance government debt or bail out banks without the assistance of the European Central Bank and the International Monetary Fund. Spot gold measured by the LBMA Gold Price PM. Sources: Bloomberg, World Gold Council, SSGA. Past performance is not a guarantee of future results. Performance above does not reflect charges and expenses associated with the fund or brokerage commissions associated with buying and selling exchange traded funds. Performance above is not meant to represent the performance of any investment product. It is not possible to invest directly in an index.