ProShares Ultra Gold (UGL)
| Assets | $757.57M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 14.00M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 899,071 |
| Open | 44.50 |
| Previous Close | 44.50 |
| Day's Range | 43.87 - 45.06 |
| 52-Week Low | 33.54 |
| 52-Week High | 90.40 |
| Beta | 0.33 |
| Holdings | 7 |
| 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
200.00% of assets| Name | Symbol | Weight |
|---|---|---|
| BLOOMBERG GOLD SUBINDEX SWAP - CITIBANK NA | n/a | 81.83% |
| BLOOMBERG GOLD SUBINDEX SWAP - UBS AG | n/a | 48.56% |
| GOLD 100 OZ FUTR DEC26 | n/a | 32.82% |
| GOLD 100 OZ FUTR AUG26 | n/a | 21.80% |
| BLOOMBERG GOLD SUBINDEX SWAP - GOLDMAN SACHS | n/a | 14.99% |
| PROSHARES GENIUS MNY MKT ETF | n/a | |
| NET OTHER ASSETS / CASH | n/a |
Performance
UGL had a total return of 25.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.92%.
News
Fed won't hike but hold, Warsh may have started too hawkish, and U.S. policy is driving sovereign gold demand – Natixis' Christopher Hodge
Inflation will be the Fed's principal preoccupation for the balance of 2026, but that doesn't mean monetary policy will move an inch, while U.S. sanctions and trade policies continue to stoke sovereig...
Gold holds firm above $4,000 as investors look beyond inflation fears – Saxo's Hansen
While the gold market has been unable to gain enough momentum to break through initial resistance at $4,100 an ounce, one market strategist suggests that its continued consolidation is still good news...
Gold Price Analysis – Can Gold Hold $4,000 Support Amid Death Cross Risk?
Gold continues to test a major support level on Wednesday, as the markets are looking for some kind of continuation, or perhaps some kind of change in overall attitude.
Gold holding steady as Bank of Canada leaves rates unchanged
The gold market is holding its ground against the Canadian dollar as the Bank of Canada leaves interest rates unchanged and adopts a neutral, yet cautious, wait-and-see approach to inflation.
Gold steadies above $4,000 as PPI cools, yields rise - Kitco AM Report
Spot gold prices are modestly higher and spot silver prices are weaker ahead of the North American market open Wednesday, as a softer U.S. inflation mix supported precious metals while renewed Strait ...
Spot gold shoots above $4,060/oz after New York manufacturing index surprises with rise to 15.6
Gold prices shot to session highs after manufacturing activity in the New York region rose deeper into expansionary territory this month, according to the latest data published by the New York Federal...
Gold (XAUUSD) & Silver Price Forecast: Is $4,000 Gold's Next Bounce or Breakdown?
Central bank gold buying remains strong as Fed uncertainty and Middle East tensions shape gold and silver. See key technical levels for XAUUSD and XAGUSD.
Gold and Silver Price Forecast: Softer CPI Fuels Rebound as Oil Raises Inflation Risks
Gold and silver rebound after softer US inflation data, but rising oil prices and Middle East risks may revive inflation concerns and limit further gains.
VanEck's Casanova sees gold's pullback as noise, says mining stocks remain the standout trade
The gold market continues to struggle to find consistent bullish momentum, but one fund manager noted that the precious metal remains one of the best-performing assets over the past 12 months, with mi...
Gold (XAU/USD) Price Forecast: Bears Defend Key Resistance Zone
Gold remains under pressure as converging moving averages reinforce resistance, leaving bears in control while traders watch for either a downside continuation or a bullish breakout.
Gold and silver rally as CPI cools Fed-rate pressure - Kitco AM Report
Spot gold and silver prices are sharply higher ahead of the North American market open Tuesday, as a softer-than-expected U.S. CPI report reduced Fed-rate pressure and helped metals recover despite an...
Gold prices surging higher to test resistance at $4,100 following sharp drop in U.S. inflation
The gold market has been thrown a critical lifeline with prices jumping back toward $4,100 an ounce following a sharp drop in inflation pressures, which should give the Federal Reserve room to leave i...
Gold (XAUUSD) & Silver Price Forecast: Eyes on USCPI and Kevin Warsh Testimony — Gold Tests Pivot?
Gold found support at $4,021 with recovering momentum while silver held $57.73 amid constrained supply growth ahead of USCPI and Kevin Warsh testimony. Central bank buying and expanding industrial dem...
Gold is becoming the reserve asset of the new multipolar world – Sprott's Paul Wong
Gold's recent price decline reveals an important paradox: a stronger U.S. dollar can pressure gold prices in the short term while ultimately strengthening gold's long-term investment case, according t...
Gold Drops Below $4,000 as Fed Rate Hike Bets Surge
In this Metals Spotlight segment, Bloomberg's Metals Reporter Jack Ryan talks about how oil prices and a renewed US blockade of the Strait of Hormuz are impacting gold and silver prices. Bullion slid ...
Abrdn's Minter says bullion is now a structurally important asset
The gold market may be consolidating around $4,000 an ounce, but one market strategist believes investors should focus less on short-term price swings and more on gold's evolving role in the global fi...
Bank of America sees value in gold miners even after cutting 2026 gold price forecast
While gold prices could continue to struggle through the second half of the year as markets expect the Federal Reserve to raise interest rates, one bank still sees plenty of opportunity in precious me...
Precious metals prices slide amid renewed Gulf strikes, Perth Mint silver bar and coin demand collapses – Heraeus
Gold and silver prices saw a sharp reversal of their recent fortunes after the latest round of conflict between Iran and the United States, and while central banks are using the opportunity to load up...
Gold Price Analysis – Gold Slumps as Death Cross Signals Downside Risk
The gold market has found itself to be a little bit negative in early trading on Monday due to a stronger US dollar and the idea that rates are still extraordinarily high.
Gold and silver slide as Hormuz oil shock lifts yields - Kitco AM Report
Spot gold and silver prices are sharply lower ahead of the North American market open Monday, as renewed U.S.-Iran escalation around the Strait of Hormuz pushed crude oil prices higher, lifted Treasur...
Gold and Silver Price Forecast: Oil Surge Tests Key Support Ahead of US CPI
Gold and silver remain under pressure as surging oil prices revive inflation fears and strengthen the US dollar, while key support levels and upcoming CPI data may determine the next major move.
Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Symmetrical Triangle at $4,059 as Silver Holds $58.00 — Next Move?
Gold and silver showed technical resilience supported by ongoing official accumulation and tight mine supply. Gold held $4,059 defending key support while silver held $58.00.
Gold Declines Amid Renewed Strikes in U.S.-Iran Conflict
Gold fell in early Asian trade. The renewed strikes in the Middle East likely raise the prospect of the Federal Reserve keeping interest rates higher for longer to combat stubbornly high inflation, AN...
Gold 25% Below Record High: Why Metals Trade Lost Its Luster
Prices for the yellow metal have fallen more than 25% from its all-time high. Derek Macpherson says investors initially overbought gold, setting the foundation for a substantial sell-off.
Regular water is no longer enough. Welcome to the corporate gold rush around ‘functional hydration.
Social media and GLP-1s are spurring increased interest in hydration products, and companies are responding with things like electrolyte mixes and “hydrating hot chocolate.”
Wall Street and Main Street sentiment split after another week of weakness from gold as all eyes turn to CPI and Warsh testimony
The latest Kitco News Weekly Gold Survey showed Wall Street and Main Street divided and indecisive on gold's near-term prospects after the yellow metal failed to break out of its recent consolidation ...
Gold holds above $4,100 as Hormuz tension, yields pressure silver - Kitco PM Report
Spot gold and silver prices are lower in late-afternoon U.S. trading Friday, as rising Treasury yields and firm Fed-rate expectations offset a softer U.S. dollar and renewed geopolitical risk tied to ...
Gold struggles around $4,100 as markets await CPI and Warsh's Capitol Hill debut
While the precious metal appears to be carving out a bottom following last month's sharp losses, analysts warn investors that gold's critical support could be tested next week as the Federal Reserve's...
Gold likely finishes 2026 near $4,000/oz, silver between $55-60/oz – StoneX Q3 Outlook
Gold's price trajectory remains dependent on a resolution of the Iran conflict, with the yellow metal likely to finish the year close to the current $4,000 level, while silver will continue to take it...
Poland's central bank is buying the dip as gold's biggest buyers aren't backing down
While speculators and retail investors have been liquidating their gold holdings, one major pillar of support remains firmly in place, with central banks viewing the current price action as a buying o...



















