Gold funds are drawing a surge in interest partly because they’re backed by actual bars of the precious metal, making them better able to track the underlying assets’ spot price when markets go haywire.
Volatile markets supposedly give active funds an advantage over passive competition. But recent performance is damning.
These funds—including some of the largest such as SPY and QQQ—saw the most action over the past 30 days.
The rush is on to develop vaccines and therapies.