ProShares Ultra Gold (UGL)
| Assets | $994.55M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 17.55M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 2,628,305 |
| Open | 62.75 |
| Previous Close | 61.46 |
| Day's Range | 62.46 - 64.24 |
| 52-Week Low | 28.48 |
| 52-Week High | 90.40 |
| Beta | 0.38 |
| 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
199.93% of assets| Name | Symbol | Weight |
|---|---|---|
| GOLD 100 OZ FUTR JUN26 | n/a | 98.82% |
| BLOOMBERG GOLD SUBINDEX SWAP - CITIBANK NA | n/a | 56.91% |
| BLOOMBERG GOLD SUBINDEX SWAP - UBS AG | n/a | 33.78% |
| BLOOMBERG GOLD SUBINDEX SWAP - GOLDMAN SACHS | n/a | 10.42% |
| NET OTHER ASSETS / CASH | n/a |
Performance
UGL had a total return of 99.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.53%.
News
Gold faces deeper correction toward $3,800 as technical risks build - Avi Gilburt
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 prices remain near 10-day highs as ISM PMI rises in March
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 prices ignore 0.6% rise in U.S. retail sales
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 holding its ground as ADP shows 62k jobs created in March
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 market analysis for April 1 - 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, silver extend price rallies amid weaker USDX, dip in bond yields
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) and Silver Analysis: Recovery as Growth Slows and Inflation Persists
Gold and silver rebound from key support as falling yields and a weaker dollar support prices, but persistent inflation and high interest rates continue to limit upside.
Gold (XAU/USD) Price Forecast: Breakout Targets Key Fibonacci and MA Levels
Gold tests 100-day resistance while reclaiming the 10-day moving average, with ABCD pattern projections and Fibonacci targets pointing toward higher price levels if momentum persists.
Bloomberg's McGlone says gold and silver may have hit their generational peaks
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, silver see solid gains on safe-haven demand, rally in oil
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 has its worst month since 2008 recession — why the Iran war is hitting metals
Gold is on track for its worst monthly decline since 2008 as a historic energy supply shock amid the war in Iran spooks investors who were hoping for interest-rate cuts.
‘Gold's liquidity works against it' in oil shock, central bank selling and ETF liquidations still possible – Morgan Stanley's Gower
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.
Spot gold trades above $4,600/oz after U.S. Consumer Confidence rises to 91.8 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.
Gold prices push back above $4,600 as JOLTS shows drop in US job openings
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's Sell-Off Is About Liquidity, Not Fundamentals
Key Takeaways Despite popular belief, the gold sell-off is driven by the precious metal being one of the last few sources of liquidity available for investors, not weakening fundamentals. Regardless, ...
More price gains in gold, silver amid safe-haven bidding
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 March 31 - 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...
Wall Street Breakfast Podcast: Gold Hit Hard, Goldman Keeps $5,400 Target
Gold (XAUUSD:CUR) faces its steepest monthly decline since 2008, but Goldman Sachs maintains a bullish $5,400 price target by end-2026. GM extends Factory ZERO downtime to April 2026, aligning EV outp...
Gold on track for worst month since 2008 as Iran war enters its fifth week
Gold edged higher on Tuesday morning, but the metal remained on course to notch its biggest monthly decline in almost 17 years. Spot prices are now on track for a monthly decline of 14.6%, which would...
TSLA to $10T? Tyler Herriage's Mega Bull Cases in TSLA, NVDA & Gold
Tyler Herriage looks at historical S&P 500 pullbacks to support his thesis that this is a buying opportunity. Labor is weaker than he would like, and he expects high oil prices to send shockwaves thro...
‘Gold is behaving like a risk asset in 2026' but de-dollarization trend will drive further gains – 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.
Gold's volatility could keep retail investors on the sidelines, raising the risk of further downside - DeCarley's Garner
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, silver see gains on modest safe-haven bidding
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...
Rate cuts in H2 will drive gold to $5,000 and silver to $90 - Commerzbank
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...
‘Near-term trend still looks bearish' for gold prices, silver producers ahead of 2025 pace – 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.
Morgan Stanley's Amy Gower on Gold Market
Amy Gower, metals and mining commodity strategist at Morgan Stanley, discussed the recent trends in the gold market and what it means around central banks. She speaks with Francine Lacqua.
Price gains in gold, silver renewed safe-haven demand
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 March 30 - 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 Bull? Collect Cash From The Gold Crash With KGLD
Kurv's Gold Enhanced Income ETF offers a 10.5% tax-efficient yield by employing a synthetic options strategy on gold ETFs and holding treasury bills. KGLD is positioned to outperform in flat or volati...
Luxury carmakers' gold-leafed Gulf profits under threat from Iran war
A laser-engraved hood inspired by Arabian architecture and a matching wood-trim interior are among the luxuries Rolls-Royce featured in a one-off Phantom Arabesque model commissioned by a Dubai custom...
Gold and Silver Technical Analysis: Oil Spike Hits Gold as Silver Builds Breakout Setup
Gold remains under pressure as rising oil-driven inflation and higher interest rate expectations reduce safe-haven demand, while key technical levels will determine the next move.
How Too Many Drivers Spoil UGL
ProShares Ultra Gold ETF is a leveraged, short-term trading instrument, not suitable for long-term gold exposure due to path dependency and structural drag. UGL's recent outperformance (+77.73% 1Y, +2...
Gold hasn't failed; we just keep misunderstanding its role
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...
Wall Street willing to trust gold again after a week of resilient price action, Main Street flips positive with payrolls on deck
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.