ProShares UltraShort Gold (GLL) Alternatives
ProShares UltraShort Gold (GLL) belongs to the Leveraged Commodities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GLL. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to GLL
GLL charges 0.95% annually. Among ETFs in the Leveraged Commodities category, these options have the lowest expense ratios among GLL alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Simplify Gold Strategy PLUS Income ETF | 0.50% | Dec 2, 2024 | GLL vs YGLD | |
| DB Gold Double Long Exchange Traded Notes | 0.75% | Feb 27, 2008 | GLL vs DGP | |
| DB Gold Double Short Exchange Traded Notes | 0.75% | Feb 27, 2008 | GLL vs DZZ | |
| ProShares Ultra Silver | 0.93% | Dec 1, 2008 | GLL vs AGQ | |
| ProShares UltraShort Bloomberg Natural Gas | 0.95% | Oct 4, 2011 | GLL vs KOLD |
Best Risk-Adjusted Alternatives to GLL
Among ETFs in the Leveraged Commodities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| DB Gold Double Long Exchange Traded Notes | 87 | Feb 27, 2008 | GLL vs DGP | |
| ProShares Ultra Gold | 83 | Dec 1, 2008 | GLL vs UGL | |
| ProShares Ultra Silver | 77 | Dec 1, 2008 | GLL vs AGQ | |
| MicroSectors Gold 3X Leveraged ETN | 76 | Feb 24, 2023 | GLL vs SHNY | |
| Simplify Gold Strategy PLUS Income ETF | 74 | Dec 2, 2024 | GLL vs YGLD |
Top Performing GLL Alternatives (YTD)
GLL alternatives from the Leveraged Commodities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors Oil & Gas Exploration & Production 3X... | 137.69% | Mar 24, 2017 | GLL vs OILU | |
| ProShares Ultra Bloomberg Crude Oil | 103.42% | Nov 24, 2008 | GLL vs UCO | |
| DB Gold Double Long Exchange Traded Notes | 13.65% | Feb 27, 2008 | GLL vs DGP | |
| ProShares Ultra Gold | 10.70% | Dec 1, 2008 | GLL vs UGL | |
| Roundhill Gold WeeklyPay ETF | 8.62% | Oct 30, 2025 | GLL vs GLDW |
Lowest Volatility Alternatives to GLL
GLL alternatives from the Leveraged Commodities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Roundhill Gold WeeklyPay ETF | 41.26% | Oct 30, 2025 | GLL vs GLDW | |
| Simplify Gold Strategy PLUS Income ETF | 43.67% | Dec 2, 2024 | GLL vs YGLD | |
| DB Gold Double Long Exchange Traded Notes | 55.31% | Feb 27, 2008 | GLL vs DGP | |
| ProShares Ultra Gold | 55.43% | Dec 1, 2008 | GLL vs UGL | |
| ProShares UltraShort Bloomberg Crude Oil | 56.93% | Nov 24, 2008 | GLL vs SCO |
Lowest Drawdown Alternatives to GLL
GLL alternatives from the Leveraged Commodities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Simplify Gold Strategy PLUS Income ETF | -34.23% | Dec 2, 2024 | GLL vs YGLD | |
| ProShares Ultra Bloomberg Crude Oil | -34.77% | Nov 24, 2008 | GLL vs UCO | |
| DB Gold Double Long Exchange Traded Notes | -36.58% | Feb 27, 2008 | GLL vs DGP | |
| ProShares Ultra Gold | -37.56% | Dec 1, 2008 | GLL vs UGL | |
| MicroSectors Oil & Gas Exploration & Production 3X... | -52.04% | Mar 24, 2017 | GLL vs OILU |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 50 | -20.81% | Feb 9, 2010 | GLL vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -23.25% | Oct 19, 2021 | GLL vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 57 | -13.35% | Jun 21, 2006 | GLL vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 45 | -16.03% | Jun 23, 2009 | GLL vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 51 | -10.23% | Jun 19, 2006 | GLL vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 27 | 2.36% | Oct 9, 2013 | GLL vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | -8.58% | Jan 30, 2007 | GLL vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 18.46% | Feb 9, 2010 | GLL vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 45.56% | Oct 3, 2011 | GLL vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -47.12% | Apr 1, 2024 | GLL vs BITU |
Often Compared With GLL
What investors most often compare with GLL, based on PortfoliosLab usage data.
Compare GLL with Any Fund or Stock
Compare GLL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.