GLDX 📈 USCF Gold Strategy Plus - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US90290T8669 • Commodities Focused

GLDX: Comex Gold Warrants, Gold Futures, Gold ETF, Gold Exposure

The fund adviser seeks to achieve its investment objective by maintaining substantial economic exposure to the performance of the physical gold and gold futures markets (the 'Gold Markets'). The fund will only invest in COMEX Gold Warrants and gold futures through the subsidiary. The fund is non-diversified.

Additional Sources for GLDX ETF

GLDX ETF Overview

Market Cap in USD 9m
Category Commodities Focused
TER 0.47%
IPO / Inception 2021-11-02

GLDX ETF Ratings

Growth 5y 74.5%
Fundamental -
Dividend 65.6%
Rel. Strength Industry 122
Analysts -
Fair Price Momentum 31.89 USD
Fair Price DCF -

GLDX Dividends

Dividend Yield 12m 5.10%
Yield on Cost 5y 7.33%
Annual Growth 5y 44.34%
Payout Consistency 92.4%

GLDX Growth Ratios

Growth Correlation 3m -40.8%
Growth Correlation 12m 95.3%
Growth Correlation 5y 81.5%
CAGR 5y 12.01%
CAGR/Mean DD 5y 2.56
Sharpe Ratio 12m 1.57
Alpha 20.30
Beta 0.14
Volatility 13.66%
Current Volume 0.6k
Average Volume 20d 6.3k
What is the price of GLDX stocks?
As of January 15, 2025, the stock is trading at USD 29.80 with a total of 560 shares traded.
Over the past week, the price has changed by +2.53%, over one month by +1.86%, over three months by +2.14% and over the past year by +29.23%.
Is USCF Gold Strategy Plus a good stock to buy?
Yes. Based on ValueRay Analyses, USCF Gold Strategy Plus (NYSE ARCA:GLDX) is currently (January 2025) a good stock to buy. It has a ValueRay Growth Rating of 74.48 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GLDX as of January 2025 is 31.89. This means that GLDX is currently overvalued and has a potential downside of 7.01%.
Is GLDX a buy, sell or hold?
USCF Gold Strategy Plus has no consensus analysts rating.
What are the forecast for GLDX stock price target?
According to ValueRays Forecast Model, GLDX USCF Gold Strategy Plus will be worth about 34.5 in January 2026. The stock is currently trading at 29.80. This means that the stock has a potential upside of +15.64%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 34.5 15.6%