REX Gold Hedged S&P 500 ETF(GHS)- NYSEARCA
GHS Description
The REX Gold Hedged S&P 500 ETF (GHS) couples the returns of the S&P 500® Index and gold futures contracts. The Fund’s benchmark index, the S&P 500 Dynamic Gold Hedged Index, measures the total return performance of the S&P 500® Index plus a long position in gold futures contracts, the notional value of which is comparable to the value of the exposure to the S&P 500® Index. The Fund is designed to outperform a U.S. large-cap portfolio over the long term if the value of gold increases.
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Country: United States
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