This ETN offers a unique option for establishing exposure to large cap U.S. stocks; the underlying index consists of equal dollar investments in the S&P 500 and long positions in exchange-traded gold futures contracts. As such, SPGH is designed to offer exposure to large cap U.S. stocks--an asset class that is a core holding in most long-term portfolios--along with a potential hedge against the value of the U.S. dollar (which often corresponds to an increase in the price of gold). This product may be appealing to some gold bugs or to those looking to limit volatility, though many investors may prefer to establish gold and equity positions separately. If you're interested in the investment thesis put forward by this ETN, it's worth analyzing historical performance relative to the S&P 500, as well as compared to a mix of large cap equity exposure and gold allocations. One other noteworthy element of SPGH is the structure; as an ETN this product avoids tracking error but will exposure investors to the credit risk of the issuing institution.
The adjacent table gives investors an individual Realtime Rating for SPGH on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Large Cap Blend Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is not currently available for commission free trading on any platforms.
There are 16 other ETFs in the Large Cap Blend Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of SPGH relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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