Fund Evaluator:
Quantified Gold Futures Tracking Inv (QGLDX)
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Best Performing in Commodities Focused Over the Last Year
| 19.4% | Quantified Gold Futures Tracking Inv (QGLDX) |
Fund Details
Quantified Gold Futures Tracking Inv Overview
Quantified Gold Futures Tracking Inv (QGLDX) is an actively managed Commodities Commodities Focused fund. Advisors Preferred launched the fund in 2013.
The investment seeks returns that reflect the performance of the price of gold bullion. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowing for investment purposes) in gold futures contracts. It invests in commodity pools that primarily invest in financial futures such as interest rate, equity and currency futures.
About Quantified Gold Futures Tracking Inv (QGLDX)
There are 2 members of the management team with an average tenure of 7.62 years: Daniel Poppe (2024), Jerry Wagner (2013). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and S&P GSCI Gold TR index with a weighting of 100%. Quantified Gold Futures Tracking Inv has 13 securities in its portfolio. The top 10 holdings constitute 95.7% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Quantified Gold Futures Tracking Inv is part of the Real Assets global asset class and is within the Commodities fund group. Quantified Gold Futures Tracking Inv has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Quantified Gold Futures Tracking Inv has 76.2% of the portfolio in cash.
Assets Under Management
The fund has $114 million in total assets, which is above the $51 million average for the Commodities Focused category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
QGLDX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Quantified Gold Futures Tracking Inv expense ratio is high compared to funds in the Commodities Focused category. Quantified Gold Futures Tracking Inv has an expense ratio of 1.50%, which is 4% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Quantified Gold Futures Tracking Inv has a portfolio turnover rate of 68%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 98% for the Commodities Focused category.
Recently, in the month of June 2026, Quantified Gold Futures Tracking Inv returned -11.6%, which earned it a grade of A, as the Commodities Focused category had an average return of -12.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Quantified Gold Futures Tracking Inv has a trailing yield of 65.31%, which is above the 28.61% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Quantified Gold Futures Tracking Inv Grades
Year to date, the fund has returned -7.2%, 1.1 percentage points better than the category, which translates into a grade of A. The fund has returned 19.4% over the past year (grade of A), 25.1% over the past three years (grade of C) and 14.6% per year over the past five years (grade of A) and 8.7% per year over the past 10 years (grade of A).
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QGLDX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| QGLDX Return (NAV) | -11.6% | -14.4% | 19.4% | 25.1% | 14.6% | 8.7% |
| QGLDX Grade | A | C | A | C | A | A |
| +/- Category | 0.4% | -0.0% | 0.7% | -0.0% | 0.3% | 0.2% |
| Commodities Focused Avg | -12.0% | -14.3% | 18.7% | 25.1% | 14.3% | 8.5% |
| QGLDX Tax Cost Ratio | na | na | 15.5% | 9.6% | 6.0% | 4.3% |
QGLDX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| QGLDX Return (NAV) | -7.2% | 59.8% | 24.2% | 10.4% | -4.6% | -6.2% | 19.3% | 17.0% | -4.1% | 11.4% | 6.8% |
| QGLDX Grade | A | C | D | D | A | C | C | C | A | A | C |
| +/- Category | 1.1% | -1.0% | -0.2% | -1.0% | 0.3% | 0.1% | 0.1% | -0.1% | 0.3% | 0.3% | 0.2% |
| Commodities Focused Avg | -8.3% | 60.8% | 24.4% | 11.4% | -5.0% | -6.3% | 19.2% | 17.1% | -4.4% | 11.1% | 6.6% |
| Risk Measures | |
| Standard Deviation: | 18.1% |
| Total Risk Index: | 1.49 - High |
| Category Risk Index: | 1.00 - High |
| Category Risk Grade: | F (200% Rank) |
| Beta: | 0.34 |
| R-Squared: | 6% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 65.3% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $115 Mil |
| Fund Total Assets: | $ 114 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 68% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 13.0 years | |||
| Average Tenure: 7.6 years | |||
| Managers (Year): Wagner Jerry (2013), Poppe Daniel (2024) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 13 |
| % in Top 10 Holdings: | 95.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 23.8% |
| Cash: | 76.2% |
Purchase Information
| Fund Family: | Advisors Preferred |
| Phone Number: | 855-647-8268 |
| Website: | www.advisorspreferred.com |
| Status: | Open |
| Inception Date: | July 8, 2013 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.50% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.44% |
| Share Class: | Quantified Gold Futures Tracking Inv |
| Min. Subsequent Purchase: | $1,000 |
| Min. Subsequent IRA Purchase: | $1,000 |
