ProShares Ultra GoldProShares Ultra GoldProShares Ultra Gold

ProShares Ultra Gold

No trades
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Key stats


Assets under management (AUM)
‪344.99 M‬USD
Fund flows (1Y)
‪31.25 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
2.7%

About ProShares Ultra Gold


Issuer
ProShare Advisors LLC
Brand
ProShares
Expense ratio
0.95%
Home page
Inception date
Dec 1, 2008
Index tracked
Bloomberg Gold
Management style
Passive
UGL promises twice the daily returns of gold its a bullish bet on the price of gold. The funds leveraged exposure is benchmarked to the price performance of the Bloomberg Gold Subindex an index tracking a rolling futures position on gold based on Bloombergs fixed contract schedule. It's designed for short-term tactical use, so its not for buy-and-hold investors. If held for longer than one day, the effects of daily compounding can cause UGL to drift away from the promised 2x exposure. As an ETF, UGL is structured as a commodities pool, so expect a K-1 at tax time.

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Front month
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 6, 2024
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows