Key stats
About ProShares Ultra Gold
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Inception date
Dec 1, 2008
Structure
Commodities Pool
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UGL assets under management is 476.10 M USD. It's fallen 24.89% over the last month.
UGL fund flows account for 41.40 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, UGL doesn't pay dividends to its holders.
UGL shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Dec 1, 2008, and its management style is Passive.
UGL expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
UGL follows the Bloomberg Gold. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UGL invests in cash.
UGL price has fallen by −9.73% over the last month, and its yearly performance shows a 65.13% increase. See more dynamics on UGL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −6.94% over the last month, have fallen by −6.94% over the last month, showed a 22.23% increase in three-month performance and has increased by 64.27% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −6.94% over the last month, have fallen by −6.94% over the last month, showed a 22.23% increase in three-month performance and has increased by 64.27% in a year.
UGL trades at a premium (0.47%) meaning the ETF is trading at a higher price than the calculated NAV.