DV
Dividend Vision

UGL — ProShares Ultra Gold

ProShares Ultra Gold (UGL)

UGL pays a 0.00% distribution rate, none, on a 1.19% expense ratio. Total return is 727.9% over the past 17.7 years, 300.9 points ahead of GLD at 427.0%. Its deepest 1-year drawdown was 50.0%.

ProShares Ultra Gold is an ETF that seeks to deliver twice the daily performance of the Bloomberg Gold Subindex through derivatives including futures, swaps, and options rather than direct gold ownership. The fund does not distribute income to shareholders and carries an expense ratio of 1.19%. It is designed for traders and investors seeking leveraged exposure to gold price movements on a daily basis rather than for long-term buy-and-hold income strategies.

UGL key facts

Issuer
ProShares
Asset type
ETF
Asset class
Commodity
Inception date
12/01/2008
Expense ratio
1.19%
Distribution rate
0.00%
Distribution frequency
None
Last close
$51.37
AUM
$803,409,904
Average volume
1883800.0
Beta
0.51