ProShares Ultra Gold (UGL)
| Assets | $757.57M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 14.55M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 2,866,795 |
| Open | 43.03 |
| Previous Close | 46.14 |
| Day's Range | 42.68 - 44.52 |
| 52-Week Low | 33.52 |
| 52-Week High | 90.40 |
| Beta | 0.29 |
| Holdings | 5 |
| Inception Date | Dec 1, 2008 |
About UGL
Fund Home PageThe ProShares Ultra Gold (UGL) is an exchange-traded fund that is based on the Bloomberg Gold Subindex index. The fund provides 2x the daily performance of gold, as measured by the price of COMEX gold futures contracts. UGL was launched on Dec 1, 2008 and is issued by ProShares.
Top Holdings
200.06% of assets| Name | Symbol | Weight |
|---|---|---|
| BLOOMBERG GOLD SUBINDEX SWAP - CITIBANK NA | n/a | 79.12% |
| GOLD 100 OZ FUTR AUG26 | n/a | 59.50% |
| BLOOMBERG GOLD SUBINDEX SWAP - UBS AG | n/a | 46.95% |
| BLOOMBERG GOLD SUBINDEX SWAP - GOLDMAN SACHS | n/a | 14.49% |
| NET OTHER ASSETS / CASH | n/a |
Performance
UGL had a total return of 19.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.80%.
News
Gold, silver and bitcoin are getting rocked, and angry investors can blame Kevin Warsh
Gold, silver and bitcoin are all falling to their lowest levels of the year as a strong dollar and fears of interest-rate hikes heap pressure on the “debasement trade.”
Gold's 28% correction is painful, but history suggests the bull market isn't over
The gold market is struggling to hold support at $4,000 an ounce, and although this has been a critical level of focus in recent weeks, analysts say that the current bear-market correction should not ...
ING Cuts Gold and Silver Forecasts as Rising Yields and Stronger Dollar Weigh on Prices
Surging momentum in the U.S. dollar and elevated bond yields are taking their toll on the precious metals market, with gold prices dropping below $4,000 an ounce and hitting a new low for the year.
Gold Price Analysis – Gold Drops on Wednesday Again
Gold continues to plunge on Wednesday, as we are seeing the correlation between falling rates in the USA and prices rising in the gold market. At this point, gold looks very vulnerable.
Gold breaks $4,000 as dollar rally pressures metals
(Kitco NewWire) - Spot gold and silver prices are under heavy pressure in early U.S. trading Wednesday, as a stronger U.S. dollar, renewed Fed-rate repricing and easing oil-supply fears continue to we...
Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds Amid Iran-Israel Tensions — Gold at $4,085, Silver at $62?
The ongoing US-Iran ceasefire amid Iran-Israel tensions allowed gold and silver to focus on technical levels. Gold retested $4,085 pivot zone while silver traded at $62.05.
Gold, silver sell off as dollar, Fed positioning pressure metals - Kitco AM Report
Spot gold and silver prices are sharply lower in early U.S. trading Tuesday, as post-Fed rate risk, a firmer dollar backdrop and reduced energy-supply fear outweighed residual geopolitical demand. At ...
Gold tests $4,100, silver breaks under $62 as dollar pressure dominates - Kitco PM Report
Spot gold and silver prices are sharply lower after the close Tuesday, as the U.S. dollar held near its strongest levels of the year, post-Fed rate-hike risk stayed in place and the Strait of Hormuz r...
Gold's pullback creates attractive entry as de-dollarization turns structural - KMLM's Prior
Gold's recent correction has created an attractive entry point for investors, even as short-term headwinds continue to pressure prices, according to one portfolio manager.
Tuesday's Final Takeaways: Gold & Silver Slide, Manufacturing Jobs Pressured
Gold and silver see continuing pressure, as do manufacturing jobs highlighted by today's data. Marley Kayden offers insight into her final takeaways from Tuesday's trading session.
China gold imports hit 26-month high in May, up 76% YTD
China's gold imports reached their highest monthly level in over two years in May, with the world's number-one gold market showing a strong appetite for bullion as prices remained 25% below their earl...
BMO cuts gold price forecast as Fed's hawkish shift weighs on precious metals
Gold prices continue to trade near their lows for the year as the Federal Reserve's new hawkish bias takes its toll on the market, with another bank lowering its year-end price forecast.
Deutsche Bank cuts 2026 gold price targets to $4,300/oz for Q3, $4,800/oz in Q4 as investor demand drops
Demand for gold continues to evaporate as investors grow more concerned about the Fed's monetary policy outlook, necessitating a reduction of around 20% to gold price targets for the second half of 20...
Spot gold rises from session lows as flash S&P composite PMI improves to 52.2
The gold market is rising off of its earlier session lows after the latest U.S. data showed the services and manufacturing sectors improving beyond expectations this month.S&P Global reported on Tuesd...
Gold and silver tumble as rate-hike fears hit precious metals
Gold and silver slipped on Tuesday, following global tech stocks lower after rate hike fears spooked markets. Since the outbreak of the U.S.-Iran war on Feb. 28, gold's reputation as a "safe haven" as...
Gold (XAUUSD) & Silver Price Forecast: Gold Retests $4,130 as Silver Falls to $62.94 Amid Ceasefire — Bearish Turn?
Gold and silver traded with mixed signals as the Middle East truce held firm amid Iran-Israel tensions. Gold retested $4,130 support while silver held $62.94.
Gold and silver firmer but Fed hike risk keeps metals capped - Kitco PM Report
Spot gold and silver prices are higher after the close Monday, as crude oil fell on renewed U.S.-Iran negotiation headlines while higher Treasury yields and a firmer dollar kept the post-Fed pressure ...
Gold price will struggle to reach $5,200/oz in 2026 without strong ETF inflows – Morgan Stanley
Without a meaningful rebound in ETF inflows, gold will have trouble achieving the bullish target of $5,200 per ounce in the second half of 2026, according to commodity strategists at Morgan Stanley.“W...
Chris Vermeulen: Gold, Silver & NDX Now Facing "Do or Die" Moments
Many assets are experiencing a "do or die" moment across Wall Street, argues Chris Vermeulen of @TheTechnicalTraders. Gold and silver at major support levels, paired with the U.S. dollar tapping key r...
Gold and silver face medium-term pressure from hawkish Fed, Iran-U.S. deal – Heraeus
Gold and silver prices will likely be under pressure over the medium term as the conflict between the United States and Iran de-escalates while markets adjust to the Federal Reserve's new hawkish tilt...
Gold Price Analysis – Gold Drops at the Open
Gold markets gapped lower to kick off the trading week, as we are now watching the Middle East yet again. With the weekend meeting seeing mixed results, it makes sense that we are still “stuck.
Gold rebounds above $4,200 as markets weigh Fed hike risk, Iran progress - Kitco AM Report
Spot gold and silver prices are higher in early U.S. trading Monday, as oil prices fell on progress in U.S.-Iran negotiations and traders balanced lower energy-risk premiums against the Federal Reserv...
Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs Policy Signals Amid Iran-Israel Conflict — Upside Ahead?
The ongoing US-Iran ceasefire amid Iran-Israel tensions allowed gold and silver to focus on technical levels. Gold rebounded off $4,194 support while silver traded at $65.99.
Inside the debate over bitcoin vs gold
'The Claman Countdown' panelists Anthony Pompliano and Peter Schiff discuss what investors should focus on.
Gold's post-Fed selloff may be missing the bigger picture, says former Lehman analyst
Gold prices have tumbled after Federal Reserve Chairman Kevin Warsh delivered what many investors interpreted as a hawkish debut, but at least one market strategist argues the precious metal's longer-...
Hawkish Fed keeps pressure on gold as physical premiums soften - Kitco PM Report
Spot gold and silver prices are weaker in thin holiday trading Friday, with U.S. cash equity and bond markets closed for Juneteenth and rate-sensitive flows continuing to lean against precious metals ...
How AI Boom Impacts Gold & Oil Futures Amid U.S.-Iran MOU
David McAlvany talks about how the AI boom is impacting the gold market as futures trade nearly 25% below all-time highs. He turns elsewhere in the commodity space by offering his outlook for crude oi...
Gold's bull market remains intact even with a hawkish Fed, says Axel Merk
Gold investors shouldn't assume that a more inflation-focused Federal Reserve will derail the precious metal's long-term bull market, according to Axel Merk, founder and CEO of Merk Investments.
Gold prices are down but SocGen is buying the dip
The Federal Reserve's new tightening bias continues to take its toll on the gold market, with a growing number of analysts expecting prices to retest support near $4,000 an ounce. However, one bank ha...
Gold Price Analysis – Gold Drifts a Bit Lower on Juneteenth
Gold drops into the weekend as traders are trying to sort out inflation, the interest rate markets, and, of course, the situation in the Middle East. Markets continue to hang in the balance due to the...