ProShares Ultra Gold (UGL)
UGL is a passive ETF by ProShares tracking the investment results of the Gold bullion (200%). UGL launched on Dec 1, 2008 and has a 0.95% expense ratio.
ETF Info
| ISIN | US74347W6012 |
|---|---|
| CUSIP | 74347W601 |
| Issuer | ProShares |
| Inception Date | Dec 1, 2008 |
| Category | Leveraged Commodities, Leveraged, Gold |
| Leveraged | 2x |
| Index Tracked | Gold bullion (200%) |
| Home Page | www.proshares.com |
| Asset Class | Commodity |
Expense Ratio
UGL has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: UGL vs. GLD, UGL vs. DGP, UGL vs. SGOL, UGL vs. NUGT, UGL vs. COM, UGL vs. JNUG, UGL vs. GDX, UGL vs. DIG, UGL vs. GLDM, UGL vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Ultra Gold, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ProShares Ultra Gold had a return of 59.79% year-to-date (YTD) and 70.70% in the last 12 months. Over the past 10 years, ProShares Ultra Gold had an annualized return of 9.01%, while the S&P 500 had an annualized return of 11.71%, indicating that ProShares Ultra Gold did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 59.79% | 22.95% |
| 1 month | 13.07% | 4.39% |
| 6 months | 23.02% | 18.07% |
| 1 year | 70.70% | 37.09% |
| 5 years (annualized) | 16.38% | 14.48% |
| 10 years (annualized) | 9.01% | 11.71% |
Monthly Returns
The table below presents the monthly returns of UGL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.60% | 0.11% | 17.23% | 5.34% | 2.18% | -0.95% | 9.80% | 3.30% | 9.74% | 59.79% | |||
| 2023 | 11.11% | -11.01% | 15.32% | 1.02% | -3.50% | -5.19% | 4.02% | -3.48% | -10.04% | 14.52% | 4.25% | 1.70% | 15.56% |
| 2022 | -3.78% | 12.44% | 2.21% | -4.67% | -7.09% | -3.55% | -5.43% | -6.44% | -6.12% | -4.16% | 17.01% | 5.02% | -7.59% |
| 2021 | -7.07% | -12.76% | -2.50% | 6.81% | 15.72% | -14.12% | 4.72% | -0.30% | -6.95% | 2.99% | -1.75% | 6.33% | -12.30% |
| 2020 | 8.54% | -1.75% | -0.59% | 12.87% | 4.34% | 5.86% | 18.56% | -2.47% | -8.51% | -1.72% | -11.34% | 14.12% | 39.04% |
| 2019 | 4.95% | -1.55% | -3.65% | -1.77% | 3.04% | 16.21% | -0.30% | 15.64% | -7.05% | 4.62% | -6.66% | 7.00% | 31.11% |
| 2018 | 6.39% | -4.90% | 0.97% | -2.00% | -2.85% | -7.58% | -4.62% | -4.61% | -1.54% | 3.60% | 0.44% | 9.77% | -8.02% |
| 2017 | 10.30% | 5.79% | -0.75% | 3.12% | -0.45% | -4.54% | 4.35% | 8.29% | -7.00% | -1.87% | 0.51% | 4.12% | 22.50% |
| 2016 | 11.00% | 22.49% | -1.81% | 9.49% | -12.31% | 18.16% | 3.80% | -6.63% | 0.85% | -6.09% | -16.31% | -4.02% | 11.67% |
| 2015 | 17.47% | -11.19% | -4.82% | -0.52% | 1.16% | -3.49% | -12.99% | 7.26% | -3.88% | 4.36% | -13.24% | -1.20% | -22.60% |
| 2014 | 6.50% | 12.65% | -6.38% | 1.06% | -6.36% | 12.68% | -7.08% | 0.44% | -11.97% | -6.50% | -1.08% | 2.32% | -6.91% |
| 2013 | -1.40% | -10.10% | 1.81% | -15.80% | -12.55% | -21.29% | 13.60% | 11.18% | -9.77% | -1.38% | -10.93% | -7.65% | -51.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UGL is 64, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Ultra Gold (UGL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Ultra Gold. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares Ultra Gold was 75.93%, occurring on Dec 17, 2015. The portfolio has not yet recovered.
The current ProShares Ultra Gold drawdown is 16.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -75.93% | Aug 23, 2011 | 1088 | Dec 17, 2015 | — | — | — |
| -25.71% | Feb 23, 2009 | 39 | Apr 17, 2009 | 119 | Oct 6, 2009 | 158 |
| -24.75% | Dec 3, 2009 | 45 | Feb 8, 2010 | 65 | May 12, 2010 | 110 |
| -16.17% | Dec 7, 2010 | 36 | Jan 27, 2011 | 22 | Mar 1, 2011 | 58 |
| -15.19% | Jan 2, 2009 | 9 | Jan 14, 2009 | 6 | Jan 23, 2009 | 15 |
Volatility
Volatility Chart
The current ProShares Ultra Gold volatility is 6.27%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.