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Upturn AI SWOT - About
USCF Gold Strategy Plus Income Fund (GLDX)
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Upturn Advisory Summary
03/27/2025: GLDX (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type ETF | Historic Profit 29.41% | Avg. Invested days 52 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Volume (30-day avg) 4036 | Beta - | 52 Weeks Range 24.49 - 33.85 | Updated Date 03/27/2025 |
52 Weeks Range 24.49 - 33.85 | Updated Date 03/27/2025 |
Upturn AI SWOT
USCF Gold Strategy Plus Income Fund
ETF Overview
Overview
The USCF Gold Strategy Plus Income Fund (GLDX) is designed to provide investors with exposure to gold while also generating income through a covered call strategy on gold futures contracts.
Reputation and Reliability
USCF (U.S. Commodity Funds) is known for its expertise in commodity-based ETFs, offering investors access to various commodity markets.
Management Expertise
The management team has experience in managing commodity-focused funds, specifically in the gold and precious metals sectors.
Investment Objective
Goal
The fund aims to generate income while providing exposure to gold prices.
Investment Approach and Strategy
Strategy: The fund uses a covered call strategy by writing (selling) call options on gold futures contracts. This strategy aims to generate income from the option premiums.
Composition The fund primarily holds gold futures contracts and uses a covered call strategy to generate income from those holdings.
Market Position
Market Share: Data not available to calculate the exact market share.
Total Net Assets (AUM): 15090000
Competitors
Key Competitors
- IAU
- GLD
- GDX
Competitive Landscape
The gold ETF market is highly competitive, dominated by large, liquid ETFs like GLD and IAU. GLDX attempts to differentiate itself with a covered call strategy, offering income potential but potentially limiting upside during strong gold rallies. Compared to its competitors, GLDX aims to provide enhanced income, but may underperform when gold prices rapidly increase. This income generation strategy might attract income-seeking investors who also desire gold exposure.
Financial Performance
Historical Performance: Historical performance data would need to be obtained from financial data providers.
Benchmark Comparison: The fund's performance should be compared to benchmarks like the spot price of gold and broad commodity indices.
Expense Ratio: 0.85
Liquidity
Average Trading Volume
The fund's average trading volume is relatively low, which may lead to wider bid-ask spreads and impact trading efficiency.
Bid-Ask Spread
Given the lower trading volume, the bid-ask spread can be wider compared to more liquid gold ETFs.
Market Dynamics
Market Environment Factors
Economic indicators like inflation, interest rates, and currency fluctuations significantly impact gold prices, in addition to geopolitical events and investor sentiment.
Growth Trajectory
The fund's growth depends on the overall interest in gold, the effectiveness of its covered call strategy, and investor appetite for income-generating commodity funds.
Moat and Competitive Advantages
Competitive Edge
GLDX differentiates itself by employing a covered call strategy on gold futures, offering income generation on top of gold exposure. This strategy might appeal to income-focused investors who believe in the long-term value of gold. It targets investors who want to participate in gold's price movement but also desire additional income streams. However, the covered call strategy may limit the fund's upside potential during strong bull markets in gold.
Risk Analysis
Volatility
Gold prices can be volatile, and the fund's performance will be influenced by these price swings.
Market Risk
Specific risks include gold price fluctuations, counterparty risk associated with futures contracts, and the potential for the covered call strategy to limit gains.
Investor Profile
Ideal Investor Profile
The ideal investor is one who seeks income from gold exposure and has a neutral to slightly bullish outlook on gold prices. This ETF is suited for investors who understand the covered call strategy and its implications.
Market Risk
This fund may be suitable for long-term investors seeking income from a commodity investment. It is less suitable for active traders seeking pure gold price exposure.
Summary
USCF Gold Strategy Plus Income Fund (GLDX) is a gold-focused ETF that aims to generate income through a covered call strategy. It offers exposure to gold prices while supplementing returns with option premiums. The ETF appeals to investors looking for income and diversification within the gold market. However, it has a higher expense ratio than competitors and may underperform in a rapidly rising gold market. Investors should carefully consider the risks and benefits before investing.
Similar Companies
- IAU
- GLD
- GDX
- OUNZ
Sources and Disclaimers
Data Sources:
- USCF Website
- Financial News Providers
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on thorough research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About USCF Gold Strategy Plus Income Fund
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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