GLL VS FKRCX
4 min read
By Ron Koren, ETF Insider

GLL VS FKRCX

Exchange-Traded Funds (ETFs) have become an integral part of modern investment strategies, offering investors a convenient and diversified way to access a wide range of sectors and asset classes. In this article, we will conduct an in-depth analysis of two prominent ETFs: GLL (ProShares UltraShort Gold) and FKRCX (Fidelity® Contrafund®). We'll explore various critical aspects including ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.

GLL Vs FKRCX: Overview

GLL and FKRCX are two ETFs that cater to different investment objectives and strategies. GLL is designed for investors who seek to benefit from the inverse performance of gold, while FKRCX aims to provide capital appreciation through a diversified portfolio of stocks. This distinct contrast in investment focus underscores the significance of delving deeper into the specifics of each ETF.

GLL Vs FKRCX: Sectors and Top Holdings

The GLL ETF focuses on the gold market and is designed to deliver twice the inverse of the daily performance of gold bullion. In contrast, FKRCX invests in a variety of sectors, with its top holdings including well-known companies like Apple Inc., Microsoft Corporation, and Amazon.com Inc. Understanding the sectors and top holdings of each ETF is crucial in assessing their potential returns and risk profiles.

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GLL Vs FKRCX: Capitalization and Strategy

GLL is characterized by its leveraged inverse exposure to gold, and its strategy aims to provide amplified returns when the price of gold declines. On the other hand, FKRCX's strategy involves actively managed investments across multiple sectors, aiming for long-term growth. The differing capitalization and strategy of these two ETFs present investors with distinct risk-reward profiles, emphasizing the importance of aligning the choice with their investment goals.

GLL Vs FKRCX: Tracking and Exposure

GLL achieves its objective through the use of derivatives and other financial instruments that provide inverse exposure to gold prices. In contrast, FKRCX pursues its goals by actively selecting a diversified range of stocks across various sectors. Understanding the tracking methodologies and exposure strategies is crucial for investors to accurately gauge how each ETF aligns with their investment strategy.

Conclusion

In the realm of ETF investing, choices matter, and understanding the nuances of each fund is essential for making informed decisions. GLL and FKRCX represent divergent approaches to investing, catering to contrasting market views and investment goals. As investors seek to navigate the complexities of the financial landscape, tools like ETF insider can provide invaluable insights into holdings, correlations, overlaps, and other relevant information, enhancing decision-making processes. With a user-friendly app, investors can gain a deeper understanding of these financial instruments and make well-informed choices.

Disclaimer: This article is intended for informational purposes only and does not provide investment advisory services. It is important to conduct thorough research and consult with financial professionals before making any investment decisions.

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FAQ

  • Why is GLL better than FKRCX?

    GLL may be considered better than FKRCX for some investors due to its specific focus, offering diversification.

  • Does FKRCX beat GLL?

    FKRCX's performance relative to GLL will vary over time, depending on market conditions.

  • Should I invest in GLL or FKRCX?

    The choice between GLL and FKRCX should align with your investment goals, risk tolerance, and desired exposure.

  • Are GLL and FKRCX good investments?

    Both GLL and FKRCX can be suitable investments depending on individual investment strategies, goals, and risk profiles.

  • What is the correlation between GLL and FKRCX?

    The correlation between GLL and FKRCX can vary over time, reflecting differences in performance.