ProShares Ultra Gold (UGL)
| Assets | $842.68M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 16.70M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 3,082,284 |
| Open | 50.66 |
| Previous Close | 49.95 |
| Day's Range | 50.66 - 51.56 |
| 52-Week Low | 38.23 |
| 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 36.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.75%.
News
Schroders turns bullish on gold as debt, inflation and currency risks outweigh elevated real yields
After taking profits and moving to the sidelines in May, analysts at Schroders announced in late August that they had upgraded their view on gold, re-establishing a position in the precious metal.
Dutch central bank moves 86 tonnes of gold from U.S., Canada to London
Against a backdrop of growing economic and geopolitical uncertainty, including rising trade tensions between Canada and the U.S., one European central bank is taking steps to improve the liquidity and...
Gold, silver prices rebound as ADP miss cools Fed-hike trade - Kitco PM Report
Spot gold and silver prices are higher in late-afternoon U.S. trading Wednesday, as softer U.S. private-payrolls data and an intraday pullback in Treasury yields helped precious metals recover from ea...
Goldman Sachs sees gold price at $4,900/oz by year-end, but investors hedging through gold derivatives could drive it even higher
Gold prices will rise to $4,900 per ounce by the end of 2026 amid strong demand from central banks seeking to diversify their foreign currency reserves, while investors using gold derivatives to hedge...
Gold price will approach $5,000/oz in 2026, $5,300/oz in 2027 on ‘uncertainty, de-dollarization, and debasement concern' – RBC
Gold's recent price action has demonstrated that geopolitical instability, global de-dollarization and worries over U.S. dollar debasement are returning to the fore, and the yellow metal is now poised...
Gold looks cheap as debt, inflation and uncertainty threaten fiat currencies - Matthew Jones
Gold prices may be struggling as investors focus on rising inflation and the prospect of higher interest rates, but one precious metals analyst says the market is missing the bigger picture — and that...
Gold price hits CAD $6,087/oz after Bank of Canada holds rates, says ‘US tariffs and threats of further action pose risks'
The Bank of Canada (BoC) maintained its key overnight rate at 2.25% on Wednesday, as expected, with the bank rate staying at 2.50% and the deposit rate remaining at 2.20%. The BoC said the ongoing con...
Gold (XAUUSD) Price Forecast: XAUUSD Bounces from Value Zone Test as Yields Hit 4.8%
Gold bounced from $4,282.62 inside a key retracement zone Wednesday but yields near 4.8% and 68% September hike odds kept the rate trade in control of XAUUSD.
Gold, silver rebound as soft ADP tempers Fed-hike trade - Kitco AM Report
Spot gold and silver prices are higher in early U.S. trading Wednesday, as softer-than-expected ADP private-payrolls data gave metals a relief bid after a two-session selloff driven by higher oil pric...
Can gold price catch a bid? US labor market continues to struggle as ADP says 38K jobs created in August
After seeing significant selling pressure since the start of the week, the gold market is trying to find some solid ground as the private sector created fewer jobs than expected in August.
Gold tests $4,311 support as Fed-hike odds hold near 66% - Kitco PM Report
Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Tuesday, as a surge in crude oil prices and a global bond selloff pushed Treasury yields higher and reinforced expectations...
Long-term gold price remains supported by commodity-led inflation - Saxo Bank's Hansen
After seeing its biggest monthly gain since the start of the year, the gold market is starting September on the back foot as prices test support near $4,350 an ounce.
Gold Price Continues Fall As Expectations Of An Interest Rate Hike Grow
Gold had been on a significant upswing throughout August, ending what had been a mostly stagnant summer, before the price began declining late last week. Earlier this month, the Treasury Department an...
Gold price at risk of pullback to $4,215/oz as short-term momentum fades – World Gold Council
The Treasury Department and the Federal Reserve are sending mixed signals to the market, but recent events have been net negative for gold on balance, with prices retreating and bond yields on the ris...
Spot gold price at $4,366/oz after ISM Manufacturing PMI falls to 54.6
Gold is coming off session lows after the latest data showed the U.S. manufacturing sector performing below expectations last month, while prices held steady in August.The Institute for Supply Managem...
Gold prices remain down as U.S. JOLTS highlight ongoing weakness in labor market
The gold market remains under pressure, testing support around $4,350 an ounce even as the U.S. labor market continues to lose momentum, with the number of available jobs remaining uninspiring.
Gold Price Hits 10-Day Low as Rising Yields Test Support
Gold markets are dropping early on Tuesday, as rates continue to rise in America and beyond. The market has reached a fresh 10-day low as rate repricing puts pressure on the non-yielding asset.
Gold price hits two-week low as Warsh repricing, oil shock lift yields - Kitco AM Report
Spot gold and silver prices are sharply lower in early U.S. trading Tuesday, pressured by a global bond selloff, firmer U.S. dollar and rising oil prices as traders priced a higher probability of a Se...
Gold Rises; Jackson Hole Speech May Limit Near-Term Upside
Gold rose. The macro environment has become more supportive with softer U.S. data, easing yield pressures and a less consistently strong U.S. dollar which helps precious metals regain momentum, OCBC s...
Gold price slips as oil spike, Fed-hike odds hit risk appetite - Kitco PM Report
Spot gold prices are slightly lower and spot silver prices are modestly higher in late-afternoon U.S. trading Monday, as renewed U.S.-Iran military escalation lifted oil prices, pushed long-end Treasu...
Treasury's ramped-up bond buybacks soften the U.S. dollar and boost the gold price – Julius Baer
The Treasury Department's doubling of planned U.S. debt buybacks has intensified debate about bond market intervention and has revived the USD debasement trade, with gold and silver benefiting from a ...
Gold, silver price corrections may create buying opportunities despite hawkish Fed, says analyst
Federal Reserve Chair Kevin Warsh's renewed focus on inflation has injected fresh volatility into precious metals, with gold prices dropping below $4,500 and silver testing support near $66 an ounce, ...
Gold price is going to $20,000 as the Fed is ‘powerless' to fight inflation, miners offer greatest upside - Crescat's Kevin Smith
Despite all the volatility so far this year as gold suffered a significant correction from its record highs, one fund manager says the precious metal's secular bull market remains firmly intact, with ...
Fed's hawkishness will drive gold price toward $4,200/oz this year, but $5,350 by Q3 2027 still in play – TD Securities' Melek
Fed Chairman Kevin Warsh leaned hawkish in his speech from Jackson Hole, Wyoming on Friday, reiterating the central bank's commitment to keeping inflation under control, and this stance could be a sig...
Gold and silver see renewed ETF demand, but investor sentiment still lags price action – Heraeus
Gold and silver ETFs have risen well off last month's lows, and while investor sentiment has yet to match the recent price action, the Iran conflict, sticky inflation and U.S. debt concerns will likel...
Gold slips as Warsh repricing, Hormuz oil spike lift rate risk - Kitco AM Report
Spot gold prices are lower and spot silver prices are firmer in early U.S. trading Monday, as traders weighed higher September Fed-hike odds and a renewed Strait of Hormuz oil shock against defensive ...
Gold (XAUUSD) Price Forecast: Larak Strike Lifts Oil as Gold Extends Friday's Selloff
Gold market pressure builds as the Larak Island strike lifts oil, inflation risk stays elevated and Warsh's rate-hike warning keeps the dollar and yields firm.
Wall Street holds out hope for gold despite fall to $4,445/oz, Main Street pares bullish majority with payrolls now in focus
The latest Kitco News Weekly Gold Survey showed half of Wall Street still bullish even after gold's dramatic Friday slide, while Main Street sentiment pulled back from last week's high-water mark.
Gold, silver sink as Warsh revives September Fed-hike trade - Kitco PM Report
Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Friday, after Fed Chair Kevin Warsh used his Jackson Hole speech to reinforce the central bank's inflation fight, lifting s...
Gold is 'on the radar screen' and the Fed is split 'down the middle,' former Fed president says
Jim Bullard says a hold next month could still be hawkish, foreign central banks found physical gold more desirable than Bitcoin this year, and gold's run-up may signal eroding faith in the Fed, somet...
Gold's rally hits a speed bump, but analysts see 40 trillion reasons to stay bullish
The gold market may have 40 trillion reasons to go higher through the rest of the year, but analysts say that renewed expectations that the Federal Reserve still needs to fight inflation could add som...