ProShares Ultra Gold (UGL)
| Assets | $873.09M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 17.00M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 2,183,859 |
| Open | 52.23 |
| Previous Close | 50.61 |
| Day's Range | 50.96 - 52.32 |
| 52-Week Low | 40.72 |
| 52-Week High | 90.40 |
| Beta | 0.36 |
| Holdings | 17 |
| 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 10 Holdings
154.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Gold Future Dec 26 | n/a | 49.91% |
| Bloomberg Gold Subindex Swap - Citibank Na | n/a | 33.05% |
| Bloomberg Gold Subindex Swap - Ubs Ag | n/a | 19.62% |
| ProShares GENIUS Money Market ETF | IQMM | 18.71% |
| United States Treasury Bills 0% | B.0 11.05.26 | 11.24% |
| Bny Mellon Cash Reserve | n/a | 6.19% |
| Royal Bk Of Scot 0% | RBS.0 09.24.14 02IY | 6.05% |
| United States Treasury Bills 0% | B.0 10.29.26 | 4.22% |
| United States Treasury Bills 0% | B.0 09.08.26 | 2.83% |
| United States Treasury Bills 0% | B.0 10.20.26 | 2.82% |
Performance
UGL had a total return of 25.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.75%.
News
Gold, silver rise as dollar weakness offsets oil-driven rate risk - Kitco PM Report
Spot gold and silver prices are higher in late-afternoon U.S. trading Wednesday, as a weaker U.S. dollar and safe-haven demand tied to the U.S.-Iran conflict outweighed higher Treasury yields and anot...
Investors pour $18 billion into gold ETFs in August as sovereign debt concerns grow - WGC report
Despite renewed threats of an imminent rate hike in September, gold's price action during August shows just how much potential the precious metal has as a hedge against the unsustainable rise in globa...
Platinum could outperform gold price as debasement trade regains momentum – WPIC
Inflation fears are driving expectations that the Federal Reserve will have to raise interest rates as early as next week, and they have taken their toll on the precious metals market, including plati...
Gold is more than ‘a tactical expression of the next Fed decision' and pullbacks are opportunities to ‘build strategic exposure' – UBS
Mounting fiscal concerns, elevated inflation and geopolitical uncertainty, and robust sovereign demand make a significant gold allocation a must-have in investor portfolios, according to commodity and...
Gold, silver prices rise as Hormuz risk offsets rate pressure - Kitco AM Report
Spot gold and silver prices are higher in early U.S. trading Wednesday, as escalating U.S.-Iran strikes, Brent crude above $100 a barrel and a softer dollar supported defensive demand ahead of the wee...
Gold price slides below $4,370 as Brent nears $100 - Kitco PM Report
Spot gold and silver prices are lower in late-afternoon U.S. trading Tuesday, as rising crude oil prices, elevated Treasury yields and firmer Fed-hike expectations outweighed the safe-haven bid from r...
‘The bull trend will resume' and ‘you want to scale into a long position' as gold price nears $4,000 pre-FOMC – Goldman Sachs' Kim
The gold market's relative underperformance since February is not a failure of the bull market, but merely a pause, and the yellow metal has fresh all-time highs in its medium-term future, according t...
‘Synchronised build-up of physical, futures, and options exposure' to drive gold price higher - Société Générale
ETFs, futures and options positioning all indicate that gold remains in a broad-based bull market in 2026, with multiple independent demand channels reinforcing one other, according to analysts at Soc...
China's central bank buys 20.2 tonnes of gold in August, largest purchase since 2023
The People's Bank of China (PBoC) added 20.2 metric tonnes of gold to its reserves in August, its largest monthly purchase since October 2023, the State Administration of Foreign Exchange (SAFE) annou...
Gold Price Forecast: $4,500 Caps Momentum Ahead of CPI
Gold remains caught near $4,450, with the 50-day EMA offering support and $4,500 limiting upside momentum. CPI, central bank policy and geopolitical risks could determine whether the tight market fina...
Gold, silver slip as oil spike keeps Fed-hike trade alive - Kitco AM Report
Spot gold and silver prices are lower in early U.S. trading Tuesday, as rising oil prices and elevated Treasury yields kept pressure on non-yielding metals ahead of this week's U.S. inflation reports.
Gold Price Forecast: Rate Hike Risk Builds Ahead of US CPI
Gold remains fairly neutral as stronger US employment data boosts rate-hike expectations and puts renewed focus on Treasury yields. With price sitting just above the 50-day and 200-day EMAs, US CPI co...
Gold Falls on Rising Fed Rate Hike Expectations
Gold fell in early Asian trade. The precious metal faces near-term headwinds including the risk of a U.S. sticky inflation reading this week, that could reinforce expectations of a rate hike, Zaner Me...
Wall Street indecisive after gold price rollercoaster ride, Main Street clings to bullish majority as CPI takes center stage
The latest Kitco News Weekly Gold Survey showed Wall Street split between bulls, bears, and fence-sitters after gold's mercurial week, while Main Street pared back its bullish majority following anoth...
Gold, silver prices slide as strong payrolls revive Fed-hike trade - Kitco PM Report
Spot gold and silver prices are lower in late-afternoon U.S. trading Friday, after a stronger-than-expected August employment report lifted Treasury yields, firmed the U.S. dollar and revived expectat...
Gold Forecast: Break Above $4,697 Could Target $4,984
Gold's higher swing low and rising trend channel support the potential for a second leg higher. A breakout above $4,697 could bring resistance at $4,862–$4,891 and eventually the $4,966–$4,984 target ...
Rising gold price and spiking global yields reflect investor fears about skyrocketing debt levels – Invesco's Hamilton
Investors are beginning to treat gold less as a tactical play and more as a strategic allocation as government debt levels continue to spiral higher, according to Christopher Hamilton, head of client ...
Gold never actually passed U.S. Treasuries as the world's preferred reserve asset – Fed's Weiss
Even though central banks have been ramping up their bullion purchases in recent years, a simple comparison of the value of U.S. treasuries and gold in countries' official reserves is misleading, as g...
Gold Tests 50-Day EMA as Strong US Jobs Data Lifts Rates
Gold falls toward its crucial 50-day EMA after stronger-than-anticipated US jobs data sends rates higher. The longer-term outlook remains constructive, but higher rates for longer pose a clear risk.
Gold, silver sell off as strong payrolls revive Fed-hike trade - Kitco AM Report
Spot gold and silver prices are sharply lower in early U.S. trading Friday, after a much stronger-than-expected August employment report lifted Treasury yields, firmed the U.S. dollar and revived expe...
Gold price hit with major selling as U.S. economy creates 162K jobs in August
The gold market is seeing some dramatic selling pressure, with prices quickly dropping through initial support at $4,400 an ounce as the U.S. economy remains resilient, creating significantly more job...
Europe is rethinking where it keeps its gold
The Netherlands shifted billions in gold from North America to London, citing geopolitical unrest. France has also reshuffled its gold holdings, while Germany and Italy face pressure to bring their re...
U.S. Treasury's interventions show weakness: ‘Incredibly bullish for gold' – Adrian Day
While the U.S. Treasury Department has made massive waves with their two recent interventions – one targeting the yen, and the other long-term yields – these did next to nothing to solve the real prob...
Gold, silver rally as Fed's Waller cuts September hike odds - Kitco PM Report
Spot gold and silver prices are sharply higher in late-afternoon U.S. trading Thursday, as Fed Governor Christopher Waller's less-hawkish rate comments pulled Treasury yields lower, weakened the U.S. ...
