CI Gold Bullion Fund (Unhedged) ETF (VALT.B.TO)

Holds London bullion and tracks very closely to the London VIX, the internationally recognized reference point for gold. He uses it in his model portfolios as an alternative asset class. Single-digit percentage points of weight. 

Shouldn't expect it to shoot the lights out. Most of the time it sits around doing nothing. But by having a sprinkling of it, your portfolio is better diversified because it can zig when the rest of the market zags (as we just saw). When markets are volatile and inflation is still on the horizon, a physical commodity like gold can do very well.