ProShares Ultra Gold (UGL)

NYSEARCA: UGL · Real-Time Price · USD
60.79
+3.27 (5.68%)
May 6, 2026, 2:00 PM EDT - Market open
Assets$914.25M
Expense Ratio0.95%
PE Ration/a
Shares Out15.35M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend Daten/a
Payout Frequencyn/a
Payout Ration/a
Volume1,786,367
Open60.80
Previous Close57.52
Day's Range60.67 - 61.64
52-Week Low32.11
52-Week High90.40
Beta0.30
Holdings13
Inception DateDec 1, 2008

About UGL

Fund Home Page

The 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.

Asset Class Commodity
Category Trading--Leveraged Commodities
Stock Exchange NYSEARCA
Ticker Symbol UGL
ETF Provider ProShares
Index Tracked Bloomberg Gold Subindex

Top 10 Holdings

164.52% of assets
NameSymbolWeight
Gold Future June 26n/a44.66%
Bloomberg Gold Subindex Swap - Citibank Nan/a34.20%
United States Treasury Bills 0%B.0 05.21.2626.03%
Bloomberg Gold Subindex Swap - Ubs Agn/a20.30%
ProShares GENIUS Money Market ETFIQMM17.68%
Cashn/a6.61%
Royal Bk Of Scot 0%n/a6.26%
Bny Mellon Cash Reserven/a4.38%
United States Treasury Bills 0%B.0 05.05.262.94%
United States Treasury Bills 0%B.0 06.25.261.46%
View More Holdings

Performance

UGL had a total return of 70.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.09%.

News

Gold, silver rally on weaker dollar after crude collapses on Iran ceasefire hopes - Kitco AM Report

Spot gold prices are sharply higher and spot silver prices are also stronger in early U.S. trading Wednesday, as a weaker U.S. dollar, lower Treasury yields and a sharp pullback in crude oil prices re...

2 hours ago - Kitco

Gold Is Not Going Up Anytime Soon--Here's Why

Even though Gold is called a safe-haven asset, the current price outlook isn't good.

3 hours ago - Benzinga

Gold (XAUUSD) Price Forecast: Gold Rally Builds as Oil Falls and Dollar Breaks

Gold prices rally as the dollar weakens and oil falls, while traders watch Treasury yields and Friday's payrolls report for direction.

3 hours ago - FXEmpire

Gold Price Analysis – Gold Races Higher with Dropping Rates

Gold markets rallied early on Wednesday as rates collapsed on the news that the war could wind down. With this, the negative correlation between rates and gold pricing continues.

3 hours ago - FXEmpire

Gold prices holding solid gains as ADP says 109k jobs created in April

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

5 hours ago - Kitco

Gold drives above $4,700 as Iran pear progress weakens U.S. dollar, analysts warn risks remain

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

5 hours ago - Kitco

Gold (XAUUSD) & Silver Price Forecast: Gold Smashes $4,650 as Silver Explodes Above $76 — Continuation?

Gold reclaims bullish territory at $4,679 after clearing $4,650, supported by higher lows and rising RSI. Silver breaks out above $76 with engulfing candles and positive momentum.

9 hours ago - FXEmpire

Gold and Silver Technical Analysis: U.S. Dollar Weakness Supports Fresh Rally

Gold and silver rebounded as U.S. dollar weakness, softer oil prices, and improving hopes of U.S.-Iran peace supported precious metals.

13 hours ago - FXEmpire

Gold Rises; Trump Pauses ‘Project Freedom' to See if Iran Deal Can Be Finalized

Gold rose in early trade. The precious metal is increasingly being treated as a risk-sensitive asset, said FOREX.com.

18 hours ago - WSJ

Gold stabilizes as oil eases, equities close at records after mixed U.S. data - Kitco PM Report

Spot gold prices are firmer and spot silver prices are also higher late in North American trading Tuesday, supported by perceived bargain hunting after Monday's sharp selloff as oil prices eased and U...

Other symbols: AAAUGLDGLDMIAUOUNZDGP
20 hours ago - Kitco

Gold (XAU/USD) Price Forecast: Bearish Pressure Targets Key Support Zones

Gold remains under bearish pressure after a failed recovery, with price action pointing toward layered support zones as sellers maintain control and resistance continues to cap rallies.

21 hours ago - FXEmpire

Gold (XAUUSD) Price Forecast: Support Zone Holds but Gold Rally Needs More Than Oil Pullback

Spot Gold rises to $4,560.10 after Monday's low at $4,501.04 held the value zone, but a firm dollar and elevated yields keep the gold rally capped.

21 hours ago - FXEmpire

Gold price is attractive now, so don't wait to build a 3% to 8% position - NDR's LaForge

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

1 day ago - Kitco

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Treasury Yields Pull Back

Gold markets gained ground as traders focused on recent developments in the Middle East.

1 day ago - FXEmpire

Gold prices see some renewed buying as U.S job openings falls to 6.87 million

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

1 day ago - Kitco

Gold and oil have been two of the hottest trades of the past one year. One of them has to break

What's good for energy stocks may be bad for precious metals if the rally in crude means a rise in Treasury yields, which usually means lower gold prices.

1 day ago - CNBC

Spot gold spikes to $4,585/oz after U.S. new home sales rise 8.9% in February, 7.4% in March

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

1 day ago - Kitco

Gold at session highs after ISM Services PMI falls to 53.6 in April as industries brace for oil shock

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

Other symbols: AAAUGLDGLDMIAUOUNZDGP
1 day ago - Kitco

Gold Price Analysis – Gold Rises Toward a Major Level on Tuesday

Gold rallies slightly in early trading on Tuesday, as the markets are still moving on to the actions of the interest rate markets.

1 day ago - FXEmpire

Gold firms, silver gains as traders weigh Hormuz risk, dollar firmness

Spot gold prices are firmer and spot silver prices are also higher in early U.S. trading Tuesday, as perceived bargain hunting followed Monday's futures-led selloff while elevated oil prices kept infl...

1 day ago - Kitco

This gold-timing indicator just hit a bottom — and history says a strong rally is next

Gold and gold miners perform best right after investors give up. This “extreme pessimism” is the contrarian tailwind the market has been waiting for.

1 day ago - Market Watch

Gold (XAUUSD) & Silver Price Forecast: Truce Eases Tensions — Will $4500 Hold or Collapse?

Gold and silver eased after a conditional US-Iran truce reduced immediate Hormuz disruption fears. While central bank buying, especially from China, continues to provide underlying support, both metal...

1 day ago - FXEmpire

Gold Steady Amid Likely Technical Recovery

Gold was steady in early Asian trade amid a likely technical recovery after front-month Comex gold futures fell 2.4% overnight.

1 day ago - WSJ

Gold, silver slide as stronger U.S. data, firmer yields pressure metals

Spot gold prices are sharply lower and spot silver prices are also weaker late Monday, as firmer Treasury yields, a stronger U.S. dollar and another oil-price spike pressured metals despite still-elev...

1 day ago - Kitco

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Iran Attacks UAE

Silver and platinum are also moving lower as demand for risk assets declines.

2 days ago - FXEmpire

Gold Falls Over 2%; US Factory Orders Rise In March

U.S. stocks traded mostly lower midway through trading, with the Dow Jones index falling over 400 points on Monday.

2 days ago - Benzinga

Central bank policy risks will drive gold to $5,500 by Q1 2027 - WisdomTree's Shah

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

2 days ago - Kitco

Gold News: Gold Market Slides on Oil Surge, Rate Hike Fears Build

Gold price falls as oil surge lifts inflation fears, boosting yields and the dollar. Gold market turns bearish as Fed rate cuts fade and pressure builds.

2 days ago - FXEmpire

Divided Fed won't deliver gold-boosting rate cut in 2026, EU EV sales support silver demand as ETFs slide – Heraeus

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

2 days ago - Kitco

Gold Price Analysis – Gold Continues to Hover Around a Major Level

Gold initially fell during the trading session on Monday but continues to see a certain amount of buying just below the crucial $4600 level. That being said, the interest rate situation continues to w...

2 days ago - FXEmpire

Spot gold softer in thin trade as oil rebound, U.S.-Iran uncertainty cloud rate outlook

Spot gold prices are lower and spot silver prices are also weaker in early U.S. trading Monday, pressured by a firmer inflation-risk backdrop as crude oil prices rebounded on renewed Persian Gulf tens...

Other symbols: AAAUGLDGLDMIAUOUNZDGP
2 days ago - Kitco

Gold (XAUUSD) & Silver Price Forecast: $4,560 Breaks as Gold Dives—Is $4,436 Next?

Gold prices drop below $4,560 as bearish momentum builds. Despite geopolitical safe-haven demand, technical indicators signal a potential slide toward $4,500.

2 days ago - FXEmpire

Gold vs CDs vs stocks: When gold helps (and when it doesn't)

Discover when to invest in gold, CDs or stocks to balance growth and security.

2 days ago - New York Post

Gold and Silver Technical Analysis: Inflation Risk Keeps Metals Under Pressure

Gold and silver remain under pressure as oil-driven inflation keeps the Federal Reserve cautious, while U.S.-Iran peace talks and key technical levels shape the next move in both metals.

2 days ago - FXEmpire

Gold Edges Higher Amid Signs of Resilience

Gold edged higher in early Asian trade amid signs of resilience in the precious metal.

2 days ago - WSJ

Gold (XAUUSD) Price Forecast: Sell the Rally Mode Stays Until Yields and Crude Oil Break

Gold (XAUUSD) stays in sell the rally mode until the 10-Year yield breaks below 4.30% and crude oil stops driving inflation fears.

2 days ago - FXEmpire

Gold maintains strong fundamentals despite oil shock

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

Other symbols: AAAUGLDGLDMIAUOUNZDGP
4 days ago - Kitco

Gold and silver gain momentum after softer U.S. manufacturing data, easing Treasury yields

Spot gold and silver prices ended the North American session on a positive note on Friday, with both metals gaining support from softer U.S. manufacturing data and a pullback in Treasury yields. Gold ...

4 days ago - Kitco

Gold prices could continue to struggle as the focus remains on oil prices and inflation

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

Other symbols: AAAUDGPGLDGLDMIAUOUNZ
4 days ago - Kitco

Gold (XAU/USD) Price Forecast: Bearish Structure Persists Amid Key Resistance Zones

Gold rebounds from recent lows but remains under pressure as key moving averages and broken trend levels cap upside, keeping broader bearish structure intact.

4 days ago - FXEmpire

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains Some Ground Despite Rising Treasury Yields

Silver and platinum have also moved higher in today's trading session.

5 days ago - FXEmpire

Gold (XAUUSD) Price Forecast: Gold Price Consolidating as Yields Cap Rally

Gold price holds support but stays capped as Treasury yields near 4.40% and Fed policy limits upside, keeping the gold market in consolidation mode.

5 days ago - FXEmpire

Gold Weekly Price Analysis – Gold Drops for the Week with Rates Rising

There is a correlation between interest rates and gold pricing at the moment, and this doesn't seem to be changing anytime soon. With energy inflation concerns, this will continue.

5 days ago - FXEmpire

Gold prices trading near session highs following disappointing ISM data

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

5 days ago - Kitco

Gold Price Analysis – Gold Continues to See Choppiness

Gold markets pull back as rates rise slightly on Friday. Headlines coming out of the Middle East remain the biggest threat, as well as energy inflation.

5 days ago - FXEmpire

Bank of America stands firm on 12-month $6,000 gold target, sees silver averaging $86 in 2026

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...

5 days ago - Kitco

Spot gold lower, silver strong as traders assess global data, central bank outlook

Spot gold prices are slightly down and spot silver prices are modestly firmer in early U.S. trading Friday, as traders digest a heavy slate of global economic data and continue to assess the outlook f...

5 days ago - Kitco

Gold (XAUUSD) & Silver Price Forecast: $4,532 Holds – Is Gold's Road to $4,800 Now Open?

Gold stabilises above the 0.382 Fib at $4,532 with bulls targeting $4,800, while silver struggles below $75 resistance as bears eye the $71.20–$69 support zone.

5 days ago - FXEmpire

Gold and Silver Technical Analysis: Oil Shock Keeps Metals Under Pressure

Gold and silver remain under short-term pressure as higher oil prices fuel inflation risks and delay rate-cut expectations, though geopolitical tensions still support the longer-term safe-haven outloo...

5 days ago - FXEmpire

Gold Steady But Stagnation of Diplomacy in Middle East Weighs

Gold was steady. The metal is under intensifying pressure due to the stagnation of diplomatic efforts to end the Middle East war, and the lack of near-term prospects for Fed monetary policy easing, XS...

5 days ago - WSJ

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