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Dividend Vision

GLL — ProShares UltraShort Gold

ProShares UltraShort Gold (GLL)

GLL pays a 0.00% distribution rate, on a 1.26% expense ratio. Total return is -98.9% over the past 17.7 years, 1227.7 points behind SPY at 1128.8%. Its deepest 1-year drawdown was 64.2%.

ProShares UltraShort Gold is a leveraged inverse ETF designed to deliver approximately -2x the daily inverse performance of gold prices, making it a bearish bet on the commodity. The fund carries a 1.26% expense ratio, pays no distributions, and is structured for tactical trading rather than income generation. This ETF appeals primarily to sophisticated traders and hedging-focused investors seeking short-term exposure to gold price declines, not buy-and-hold dividend or income investors.

GLL key facts

Issuer
ProShares
Asset type
ETF
Asset class
Commodity
Inception date
12/01/2008
Expense ratio
1.26%
Distribution rate
0.00%
Last close
$22.62
AUM
$122,839,224
Average volume
1626000.0
Beta
-0.63