UGL
·NYSE
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Key Stats
Assets Under Management
957.76MUSD
Fund Flows (1Y)
137.75MUSD
Dividend Yield
--
Discount/Premium to NAV
0.08%
Shares Outstanding
17.20M
Expense Ratio
0.95%
About ProShares Ultra Gold
Issuer
ProShare Advisors
Brand
ProShares
Inception Date
Dec 1, 2008
Structure
Commodities Pool
Index Tracked
Bloomberg Gold Subindex
Management Style
Passive
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 — it's a bullish bet on the price of gold. The fund's leveraged exposure is benchmarked to the price performance of the Bloomberg Gold Subindex — an index tracking a rolling futures position on gold based on Bloomberg's fixed contract schedule. It's designed for short-term tactical use, so it's 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
Geography
Global
Weighting Scheme
Single Asset
Selection Criteria
Single asset
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +11.64% | +31.52% | +135.20% | +132.84% | +321.60% | +245.59% |
NAV Total Return | +3.05% | +33.52% | +133.37% | +132.36% | +316.76% | +249.76% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
100%
Category
Ratio
North America
100.00%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
GOLD 100 OZ FUTR FEB26
104.13%
BLOOMBERG GOLD SUBINDEX SWAP - CITIBANK NA
54.37%
BLOOMBERG GOLD SUBINDEX SWAP - UBS AG
31.67%
BLOOMBERG GOLD SUBINDEX SWAP - GOLDMAN SACHS
9.77%
Top 10 Weight 199.94%
4 Total Holdings
Dividends
No data is currently available
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
