NYSE Arca Gold BUGS Index (^HUI)
307.70
+0.30
(+0.10%)
USD |
Nov 22, 12:34
Level Chart
Key Stats
Basic Info
| The NYSE Arca Gold BUGS Index is a modified equal dollar weighted index of companies involved in gold mining. BUGS stands for Basket of Unhedged Gold Stocks. It is also referred to by its ticker symbol "HUI". The HUI Index and Philadelphia Gold and Silver Index are the two most watched gold indices on the market. The main difference between them is that the HUI Index takes into account only gold mining stocks whereas the XAU Index includes both gold and silver producers. The Gold BUGS Index was designed to provide significant exposure to near term movements in gold prices by including companies that do not hedge their gold production beyond 1.5 years. The HUI Index was developed with a base value of 200.00 as of March 15, 1996. The NYSE Arca Gold BUGS Index currently consists of 15 of the largest and most widely held public gold production companies. Since bottoming in late 2000, HUI went on to be the top-performing US stock sector of the decade, rising by about 1600%. | |
| Core Index Name | NYSE Arca Gold BUGS Index |
| Return Type | Price Return |
| Currency Code | USD |
| Category Hedge Type | Not Hedged |
Index Varieties
| Return Types | |
| Net Total Return | NYSE Arca Gold BUGS Index Net Total Return |
| Total Return | NYSE Arca Gold BUGS Index Total Return |
Total Return Performance
As of November 21, 2024.
Returns for periods of 1 year and above are annualized.
Annual Performance
As of November 22, 2024.
Basic Info
| The NYSE Arca Gold BUGS Index is a modified equal dollar weighted index of companies involved in gold mining. BUGS stands for Basket of Unhedged Gold Stocks. It is also referred to by its ticker symbol "HUI". The HUI Index and Philadelphia Gold and Silver Index are the two most watched gold indices on the market. The main difference between them is that the HUI Index takes into account only gold mining stocks whereas the XAU Index includes both gold and silver producers. The Gold BUGS Index was designed to provide significant exposure to near term movements in gold prices by including companies that do not hedge their gold production beyond 1.5 years. The HUI Index was developed with a base value of 200.00 as of March 15, 1996. The NYSE Arca Gold BUGS Index currently consists of 15 of the largest and most widely held public gold production companies. Since bottoming in late 2000, HUI went on to be the top-performing US stock sector of the decade, rising by about 1600%. | |
| Core Index Name | NYSE Arca Gold BUGS Index |
| Return Type | Price Return |
| Currency Code | USD |
| Category Hedge Type | Not Hedged |
Index Varieties
| Return Types | |
| Net Total Return | NYSE Arca Gold BUGS Index Net Total Return |
| Total Return | NYSE Arca Gold BUGS Index Total Return |