VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF) trades at $167.50 with AI Score 44/100 (Grade C). VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF)… Market cap: $32.3M.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for UGLDF: UGLDF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates UGLDF against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
UGLDF: the 3 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF) Financial Services Profile
VelocityShares 3x Long Gold ETN (UGLDF) provides leveraged exposure to gold futures, aiming for three times the daily performance of the S&P GSCI Gold Index ER. It caters to investors seeking short-term gains from gold price movements but carries substantial risk due to its leveraged structure and inherent market volatility.
What Is the Investment Thesis for UGLDF?
UGLDF offers a high-risk, high-reward opportunity for investors seeking short-term leveraged exposure to gold prices. The ETN's value is directly tied to the performance of gold futures, amplified by a factor of three. A key driver is the expectation of short-term increases in gold prices, driven by factors such as geopolitical instability or economic uncertainty. However, the leveraged nature of UGLDF means that even small adverse movements in gold prices can result in substantial losses. The ETN is designed for daily rebalancing, which can lead to erosion of value over time, especially in volatile markets. Investors should carefully consider their risk tolerance and investment horizon before investing in UGLDF, recognizing that it is not suitable for long-term investment strategies. The beta of 0.45 indicates lower volatility compared to the overall market, but the 3x leverage magnifies the impact of gold price fluctuations.
Based on FMP financials and quantitative analysis
UGLDF Key Highlights
UGLDF aims for 3x the daily performance of the S&P GSCI Gold Index ER, offering leveraged exposure to gold futures.
- The ETN is designed for short-term trading and is not suitable for long-term investment due to the effects of compounding and daily rebalancing.
- UGLDF's value is directly linked to the price of gold futures, making it sensitive to market fluctuations and geopolitical events.
- The ETN carries significant risk due to its leveraged nature, with the potential for substantial losses even with small adverse movements in gold prices.
- UGLDF has a beta of 0.45, indicating lower volatility compared to the overall market, but the 3x leverage increases the impact of gold price changes.
Who Are UGLDF's Competitors?
UGLDF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| COWTF iPath Bloomberg Livestock Subindex Total Return(SM) ETN | $24.04 | +0.00% | — | |
| JJCTF iPath Bloomberg Copper Subindex Total Return(SM) ETN | $51.98 | +0.00% | $5.85M | — |
| BCG Binah Capital Group, Inc. | $1.40 | +0.72% | $23.5M | 78 |
| EEA The European Equity Fund, Inc. | $11.15 | -0.59% | $74.7M | 67 |
| HNNA Hennessy Advisors, Inc. | $9.89 | -1.30% | $78.2M | 81 |
| ETHT ProShares - Ultra Ether ETF | $12.57 | +19.94% | $92.2M | 68 |
| ALTEX Firsthand Alternative Energy Fund | $12.93 | -1.90% | $8.98M | 82 |
| TPZ Tortoise Electrification Infrastructure ETF | $21.62 | -0.18% | $127M | 70 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are UGLDF's Key Strengths?
Offers leveraged exposure to gold, potentially magnifying returns.
- Tracks a well-known gold index (S&P GSCI Gold Index ER).
- Provides a way for investors to express a short-term bullish view on gold.
- ETN structure can offer certain tax advantages.
What Are UGLDF's Weaknesses?
High risk due to leveraged nature, with potential for substantial losses.
- Not suitable for long-term investment due to daily rebalancing and compounding effects.
- Value can erode over time, especially in volatile markets.
- Subject to credit risk of the issuer.
What Could Drive UGLDF Stock Higher?
UGLDF catalyst: Geopolitical Instability: Escalation of geopolitical tensions could drive investors towards gold as a safe-haven asset, potentially increasing demand and prices.
- Economic Uncertainty: Concerns about economic growth or inflation could lead to increased investment in gold, boosting its price.
- Market Volatility: Continued volatility in equity markets could drive investors to seek alternative assets like gold, supporting its value.
What Are the Key Risks for UGLDF?
Adverse Movements in Gold Prices: A decline in gold prices due to factors such as rising interest rates or decreased demand could lead to significant losses for UGLDF investors.
- Leveraged Nature: The leveraged structure of UGLDF magnifies both gains and losses, increasing the risk of substantial losses even with small adverse movements in gold prices.
- Daily Rebalancing: The daily rebalancing of UGLDF can lead to erosion of value over time, especially in volatile markets.
- Credit Risk of Issuer: As an ETN, UGLDF is subject to the credit risk of the issuer, which could impact the value of the ETN if the issuer defaults.
What Are the Growth Opportunities for UGLDF?
- Increased Volatility in Gold Markets: Market volatility in gold prices, driven by economic uncertainty and geopolitical events, can create opportunities for short-term gains using UGLDF. A rise in gold prices due to increased demand as a safe-haven asset could lead to magnified returns for UGLDF investors. However, this is inherently speculative and carries significant risk. The timeline is immediate, contingent on market events.
- Growing Demand for Leveraged Products: The increasing sophistication of retail investors and their willingness to use leveraged products for short-term trading can drive demand for UGLDF. Educational initiatives and platforms offering access to leveraged ETPs can further fuel this growth. This trend is expected to continue as more investors seek to amplify their returns. The timeline is ongoing, with gradual adoption by retail investors.
- Strategic Partnerships with Trading Platforms: Collaborating with online trading platforms and brokers to offer UGLDF to a wider audience can boost trading volumes and liquidity. These partnerships can provide increased visibility and accessibility for the ETN, attracting more short-term traders. The timeline for such partnerships is variable, depending on negotiations and platform integration.
- Development of Educational Resources: Creating educational materials and tools to help investors understand the risks and benefits of leveraged ETPs like UGLDF can increase investor confidence and participation. Clear and transparent communication about the ETN's structure and performance can attract more informed traders. The timeline for developing these resources is ongoing, with continuous improvement and updates.
- Expansion into New Markets: Exploring opportunities to list UGLDF on international exchanges can expand its reach to a global investor base. This can increase trading volumes and liquidity, making the ETN more attractive to short-term traders worldwide. The timeline for international expansion is dependent on regulatory approvals and market conditions.
What Threats Does UGLDF Face?
- Adverse movements in gold prices can lead to significant losses.
- Changes in regulations affecting leveraged products.
- Increased competition from other leveraged ETPs.
- Economic downturn or geopolitical events impacting gold prices.
What Are UGLDF's Competitive Advantages?
- Leveraged Exposure: Offers a unique product providing 3x leveraged exposure to gold futures, which is not widely available.
- Tracking of S&P GSCI Gold Index ER: Tracks a well-known and established gold index, providing a benchmark for performance.
- ETN Structure: As an ETN, it offers certain tax advantages compared to other investment vehicles.
What Does UGLDF Do?
VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF) is an exchange-traded note designed to provide investors with a multiple of the daily performance of gold futures contracts. UGLDF offers a way to magnify potential gains from short-term movements in gold prices. The ETN is linked to the S&P GSCI Gold Index ER, which comprises futures contracts on gold. The value of UGLDF is intended to correlate with changes in the price of gold in global markets, amplified by a factor of three. However, due to the leveraged nature of the ETN, its performance can deviate significantly from the underlying index, especially over longer periods. It is designed for sophisticated investors who understand the risks associated with leveraged products and are actively monitoring their investments. UGLDF is not suitable for long-term investment strategies due to the effects of compounding and potential for significant losses. The ETN's value is subject to market fluctuations, and investors may experience substantial losses, including the entire principal amount.
What Products and Services Does UGLDF Offer?
- Offers leveraged exposure to gold futures contracts.
- Tracks three times the daily performance of the S&P GSCI Gold Index ER.
- Provides a way for investors to magnify potential gains from short-term movements in gold prices.
- Designed for sophisticated investors who understand the risks associated with leveraged products.
- Involves daily rebalancing, which can lead to erosion of value over time, especially in volatile markets.
- Subject to market fluctuations, with the potential for substantial losses.
How Does UGLDF Make Money?
- UGLDF's value is linked to the performance of the S&P GSCI Gold Index ER, which comprises gold futures contracts.
- The ETN aims to provide three times the daily performance of the index, using leverage to amplify returns.
- The issuer generates fees through the management and operation of the ETN.
What Industry Does UGLDF Operate In?
UGLDF operates within the asset management industry, specifically in the segment of exchange-traded products (ETPs) offering leveraged exposure to commodities. The market for gold-linked ETPs is influenced by factors such as investor sentiment, macroeconomic conditions, and geopolitical events. The competitive landscape includes other leveraged and inverse ETPs, as well as traditional gold investments such as physical gold and gold mining stocks. These products cater to investors seeking to profit from short-term movements in gold prices, but also carry significant risks due to their leveraged structure and market volatility.
Who Are UGLDF's Key Customers?
- Sophisticated investors seeking short-term exposure to gold prices.
- Active traders looking to magnify potential gains from gold price movements.
- Investors who understand the risks associated with leveraged products.
VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF) Valuation Context
Valued at $32.3M, UGLDF is classified as a micro-cap stock. Relative to its peer group, UGLDF's quantitative score of 44/100 is below the peer average of 75/100.
Key Financial Metrics
Return on equity for VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. UGLDF trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
UGLDF Financials
Bull Case vs Bear Case
Bull Case
- Offers leveraged exposure to gold, potentially magnifying returns.
- Tracks a well-known gold index (S&P GSCI Gold Index ER).
- Provides a way for investors to express a short-term bullish view on gold.
- ETN structure can offer certain tax advantages.
Bear Case
- High risk due to leveraged nature, with potential for substantial losses.
- Not suitable for long-term investment due to daily rebalancing and compounding effects.
- Value can erode over time, especially in volatile markets.
- Subject to credit risk of the issuer.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
UGLDF Latest News
No recent news available for UGLDF.
UGLDF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for UGLDF.
Price Targets
Wall Street price target analysis for UGLDF.
UGLDF MoonshotScore
What does this score mean?
The MoonshotScore rates UGLDF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
UGLDF OTC Market Information
The OTC Other tier, where UGLDF trades, represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited or no financial disclosure, making it difficult for investors to assess their financial health and operational performance. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies do not have to meet minimum listing standards, such as requirements for asset size, revenue, or profitability. This lack of regulation and oversight increases the risk for investors.
- OTC Tier: OTC Other
- Limited or no financial disclosure makes it difficult to assess the company's financial health.
- Low trading volume and wide bid-ask spreads can make it difficult to buy or sell shares.
- Lack of regulatory oversight increases the risk of fraud and manipulation.
- Higher price volatility compared to stocks listed on major exchanges.
- Potential for delisting or suspension of trading due to non-compliance with regulations.
- Verify the company's registration and regulatory filings.
- Review any available financial statements, even if limited.
- Assess the trading volume and bid-ask spread to understand liquidity.
- Research the company's management team and their track record.
- Understand the risks associated with leveraged products and gold futures.
- Monitor news and announcements related to the company and the gold market.
- Presence of a ticker symbol and listing on a recognized OTC platform.
- Availability of some basic company information, even if limited.
- Consistent (though potentially low) trading volume.
- Company's stated business purpose aligns with its operations.
UGLDF Financial Services Stock FAQ
What does the AI Score mean for UGLDF?
UGLDF holds an AI Score of 44/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF) is designed to track three times the daily performance of the S&P GSCI Gold Index ER, offering investors leveraged …
What does VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER do?
VelocityShares 3x Long Gold ETN (UGLDF) aims to provide investors with a leveraged return based on the daily performance of gold futures. Specifically, it seeks to deliver three times the daily percentage change of the S&P GSCI Gold Index ER.
What do analysts say about UGLDF stock?
As an ETN that tracks a multiple of the daily performance of a gold index, UGLDF is not typically covered by analysts in the same way as individual stocks. Instead, assessments focus on the outlook for gold prices and the risks associated with leveraged products.
What are the main risks for UGLDF?
The primary risk associated with UGLDF is the potential for significant losses due to its leveraged nature. Because it aims to deliver three times the daily percentage change of a gold index, even small adverse movements in gold prices can result in substantial losses.
What are the key factors to evaluate for UGLDF?
VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF) holds an AI score of 44/100 (low). Not financial advice.
How frequently does UGLDF data refresh on this page?
UGLDF's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven UGLDF's recent stock price performance?
VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Offers leveraged exposure to gold, potentially magnifying returns. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider UGLDF overvalued or undervalued right now?
VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research UGLDF before investing?
Before investing in VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER (UGLDF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for UGLDF. Information is based on available data and may not be complete or up-to-date.