UGL
- ProShares Ultra GoldKey Information
| Earliest date | 2009-01-02 |
| Exchange | NYSE |
| Instrument Type | ETF |
| MIC Code | ARCX |
| Country | United States |
ETF Information
| Fund Provider | Proshare Advisors LLC |
| Index | Bloomberg Gold (-200%) |
| Expense Ratio | 0.95% |
| Number Of Holdings | 1 |
| Inception Date | 2008-12-01 |
| Asset Class | Commodity |
| Currency | USD |
| Listing | US-listed |
| Sector | Materials |
| Non-leveraged | Leveraged |
About UGL
The ProShares Ultra Gold ETF provides 2x daily leverage to gold prices, making it a powerful tool for investors with a bullish outlook on precious metals. However, due to its daily reset feature and explicit leverage, it's only suitable for sophisticated investors who can closely monitor their position and have a high tolerance for risk and volatility.