UGL

ProShares Ultra Gold
*Unless otherwise stated, data provided by FactSet.

UGL Fund Description

The ProShares Ultra Gold fund provides 2x exposure to the daily performance of gold bullion as measured by the fixing price, in US dollars, for delivery in London.

UGL Factset Analytics Insight

UGL promises twice the daily returns of gold—it's a bullish bet on the spot price of gold bullion. It's designed for short-term tactical use, not for buy-and-hold investors. If held for longer than 1 day, the effects of daily compounding can cause UGL to drift away from the promised 2x exposure. Assets are healthy, and trading volume is decent. Given the tactical focus, UGL's relatively tight trading spreads and deep liquidity matter much more than the very high headline expense ratio, though it is eye-catching even in a space where high fees are the norm. Expect a K-1 at tax time.

UGL CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UGL 2.37% -10.68% -17.31% -17.86% -1.03% -7.88% --
UGL (NAV) 3.64% -11.17% -15.50% -19.07% -1.13% -8.52% --
Gold Spot 2.03% -5.17% -- -- -- -2.18% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UGL Summary Data

ProShares
12/03/08
Commodities Pool
5.07%
$75.19M
0.26%

UGL Portfolio Data

0.00%
09/26/18

UGL Index Data

Gold Spot
Single Asset
Single Asset
N/A

UGL Fund Structure

Yes
N/A
No Policy
N/A
N/A
Low
2
Daily

UGL Tax Exposures

27.84% / 27.84%
--
Yes
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

UGL Factset Analytics Block Liquidity

As of 09/21/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of UGL. UGL is rated a 5 out of 5.

UGL Tradability

32,488
$958.80K
23,876
$779.35K
0.26%
$0.09
0.02%
2.99% / -1.71%
None
0.00%
50,000
0.48
0.01%
--
2,236
$33.70
5