ProShares Ultra Gold (UGL)
| Assets | $1.08B |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 17.95M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 2,674,946 |
| Open | 60.15 |
| Previous Close | 59.66 |
| Day's Range | 59.74 - 60.75 |
| 52-Week Low | 23.96 |
| 52-Week High | 62.46 |
| Beta | 0.25 |
| Holdings | 14 |
| 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
147.43% of assets| Name | Symbol | Weight |
|---|---|---|
| Gold Future Feb 26 | n/a | 52.33% |
| Bloomberg Gold Subindex Swap - Citibank Na | n/a | 28.33% |
| Bny Mellon Cash Reserve | n/a | 16.68% |
| Bloomberg Gold Subindex Swap - Ubs Ag | n/a | 16.50% |
| United States Treasury Bills 0% | B.0 01.20.26 | 9.56% |
| United States Treasury Bills 0% | B.0 02.10.26 | 6.20% |
| Royal Bk Of Scot 0% | n/a | 5.09% |
| United States Treasury Bills 0% | B.0 02.03.26 | 4.78% |
| United States Treasury Bills 0% | B.0 02.12.26 | 4.05% |
| Cash | n/a | 3.90% |
Performance
UGL had a total return of 151.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.34%.
News
Wall Street nearly full bull after supportive data and chaotic geopolitics, Main Street maintains bullish bias after gold reclaims $4,500/oz
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.
Gold (XAU/USD) Price Forecast: Upswing Strengthens as New Highs Near
Gold resumed its bullish upswing after holding key moving-average support, setting higher highs and lows and reinforcing the outlook for a breakout toward new record levels.
Gold breaks $4,500 as a cooling labor market strengthens bull case
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...
Risks to the bull market, could gold hit $5,000 an ounce?
Our panel looks at key themes that could test markets. Innovator chief investment strategist Tim Urbanowicz joins Senior Reporters Ines Ferre and Brooke DiPalma to talk about market broadening and ris...
Gold above $4,500/oz as Preliminary Consumer Sentiment rises to 54 in January, but long-run inflation expectations rise
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.
Gold Price Outlook – Gold Continues to See Buyers After NFP
Gold continues to see buyers on dips during the Friday session. With the job numbers adding 50,000 instead of the expected 65,000 for the previous month, gold jumped slightly in reaction.
Spot gold shoots to $4,490/oz after U.S. housing starts fall -4.6% in September, -0.2% in October
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.
Gold prices attracting some new bullish attention after U.S. economy created 50k jobs in December
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...
Gold price up, silver sharply up; it's jobs Friday, and maybe more
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold market analysis for January 9 - key intra-day price entry levels for active traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold (XAUUSD) & Silver Price Forecast: Triangle Setups Hold as Markets Eye NFP Risk
Market Overview Despite ongoing geopolitical tensions, the Gold price (XAU/USD) failed to stop its previous session's bearish rally and remained depressed around the 4,463 level, hitting an intraday l...
Gold price surge helps Swiss National Bank make $33 billion profit
The Swiss National Bank made a profit of around 26 billion Swiss francs ($32.52 billion) in 2025, the central bank said on Friday, thanks to big increases in gold prices as investors headed for safe-h...
HSBC expects gold to hit $5,050/oz in 2026 before sharp correction
Geopolitical instability and burgeoning global debt are forecast to drive gold prices to a staggering $5,050 per ounce in the first half of 2026, though this historic peak may be followed by a sharp c...
Gold and Silver Technical Analysis: Key Support Levels Tested Amid US Dollar Rebound
Gold prices pulled back from record highs as profit-taking, a stronger U.S. dollar, rising geopolitical tensions, and mixed U.S. economic data created a range-bound environment.
Gold (XAU/USD) Price Forecast: Bull Trend Holds Above Key Averages
Gold continues consolidating above rising short-term averages, with buyers defending key support zones, suggesting bullish momentum remains intact ahead of a potential breakout to new record highs.
EXCLUSIVE: 'Big Short' Star Danny Moses Predicts Gold Monster Rally — Prices 'Will Double From Here'
Gold has spent years being treated as insurance — useful, but rarely exciting. Danny Moses, best known as one of the traders featured in The Big Short, thinks that framing is already outdated.
These five key dynamics will drive precious metals prices in 2026 – CME Group
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.
Gold rebounds, silver sharply down amid bearish chart pattern
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold price could reach $5,050/oz in H1 2026, but H2 correction could be deeper – HSBC
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.
Trade deficit plunges to 16-year low due to U.S. gold rush and shrinking imports
The numbers: The U.S. trade deficit plummeted 39% in October to reach the lowest level in 16 years, but the steep drop stemmed from an ongoing gold rush of sorts as well as efforts by businesses to wo...
Gold price remains under pressure as U.S. jobless claims rise less than expected
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...
Gold price down amid sharp losses in silver
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold market analysis for January 8 - key intra-day price entry levels for active traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold (XAUUSD) Price Forecast: Gold Price Set for Pullback as $6.8B Rebalancing Begins Jan 9
Gold faces $6.8B futures liquidation Jan 9-15 as commodity indexes rebalance after 60% rally in 2025. Technical analysis shows key support at 50-day moving average.
One Of My 2026 Top Picks: Newmont, A Gold And Copper Miner
Newmont Corporation is my top gold pick for 2026, rated Strong Buy, driven by operational scale, efficiency, and catch-up rally potential. NEM trades at a 20-25% discount to peers, with a 2026 P/E of ...
Gold (XAU/USD) Price Forecast: Pullback Holds Support, Upside Bias Intact
Gold paused after recent highs, testing 10-day support, while holding above key moving averages keeps the broader bullish trend intact with higher resistance targets still in focus.
Gold mining output to peak in 2027 with gradual plateau rather than sharp drop – World Gold Council
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.
Gold, silver down; bearish chart pattern in silver spooks bulls
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Spot gold trades near session low after ISM Services PMI rises to 54.4 in December
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.
It's not a good day for the U.S. labor market, but gold can't catch a bid
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...
Gold price continues to see some profit taking as ADP says 41k jobs created in December
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...
Profit-taking price pressure on gold, silver
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold market analysis for January 7 - key intra-day price entry levels for active traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold (XAUUSD) & Silver Price Forecast: Fed Outlook and Industrial Demand Shape XAU, XAG
Gold and silver enter 2026 supported by Fed rate-cut expectations, falling real yields, and strong industrial demand as traders assess key US data risks.
