GLL
ProShares UltraShort GoldGLL Fund Description
GLL provides -2x the daily performance of a gold index, the Bloomberg Gold Subindex.
GLL Factset Analytics Insight
GLL is a geared inverse product designed for short-term bets against the price of gold. The fund’s inverse exposure is benchmarked to the price performance of the Bloomberg Gold Subindex — an index tracking a rolling futures position on gold based on Bloomberg’s fixed contract schedule. Investors should be aware that compounding can cause the fund's return to vary significantly from the headline -2x exposure if held longer than one day. To obtain the multiple over longer periods, investors must monitor and rebalance their position. Since the fund is designed for tactical use as opposed to long-term investment, the cost of accessing it is of more importance than the cost of holding it. As an ETF, GLL is structured as a commodities pool, so expect a K-1 at tax time.
GLL Summary Data
GLL Portfolio Data
GLL Index Data
GLL Fund Structure
GLL Tax Exposures
GLL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GLL. GLL is rated a 5 out of 5.
GLL Tradability
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