wShares Enhanced Gold ETF (WGLD)
wShares Enhanced Gold ETF operates in the Asset Management industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $16.10, down 1.10% on the session, giving a market capitalisation of $482,942. Its beta of 0.00 implies it has historically moved less than the broad market.
This ETF employs a dynamic allocation strategy, actively adjusting its holdings between physical gold and cash. This rebalancing is driven by a sophisticated, pre-defined mathematical framework, which objectively assesses the observed volatility of both the LBMA Gold Price PM and the S&P 500 Index. Operating with a non-discretionary and passive methodology, the fund's objective is to provide investors with exposure that adapts to the historical price fluctuations of gold and the broader U.S. equity market.
wShares Enhanced Gold ETF is most often compared with the following Financial Services names: