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ProShares Ultra Gold (UGL)

ETF · Currency in USD · Last updated Aug 13, 2022

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

ISINUS74347W6012
CUSIP74347W601
IssuerProShares
Inception DateDec 1, 2008
CategoryLeveraged Commodities, Leveraged, Gold
Leveraged2x
Expense Ratio0.95%
Index TrackedGold bullion (200%)
ETF Home Pagewww.proshares.com
Asset ClassCommodity

Trading Data

Previous Close$55.72
Year Range$49.43 - $74.87
EMA (50)$55.11
EMA (200)$58.02
Average Volume$120.96K

UGLShare Price Chart


Chart placeholderClick Calculate to get results

UGLPerformance

The chart shows the growth of $10,000 invested in ProShares Ultra Gold in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,929 for a total return of roughly 19.29%. All prices are adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%MarchAprilMayJuneJulyAugust
-10.46%
-2.76%
UGL (ProShares Ultra Gold)
Benchmark (^GSPC)

UGLReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M8.55%12.08%
6M-5.96%-4.97%
YTD-6.84%-10.20%
1Y-0.04%-3.65%
5Y6.50%11.89%
10Y-3.59%11.81%

UGLMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-3.78%12.44%2.21%-4.67%-7.09%-3.55%-5.43%4.29%
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%
20208.54%-1.75%-0.59%12.87%4.34%5.86%18.56%-2.47%-8.51%-1.72%-11.34%14.12%
20194.95%-1.55%-3.65%-1.77%3.04%16.21%-0.30%15.64%-7.05%4.62%-6.66%7.00%
20186.39%-4.90%0.97%-2.00%-2.85%-7.58%-4.62%-4.61%-1.54%3.60%0.44%9.77%
201710.30%5.79%-0.75%3.12%-0.45%-4.54%4.35%8.29%-7.00%-1.87%0.51%4.12%
201611.00%22.49%-1.81%9.49%-12.31%18.16%3.80%-6.63%0.85%-6.09%-16.31%-4.02%
201517.47%-11.19%-4.82%-0.52%1.16%-3.49%-12.99%7.26%-3.88%4.36%-13.24%-1.20%
20146.50%12.65%-6.38%1.06%-6.36%12.68%-7.08%0.44%-11.97%-6.50%-1.08%2.32%
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%
201223.20%-6.46%-2.91%-0.83%-12.60%4.07%1.38%9.59%9.40%-6.12%-1.27%-5.00%
2011-12.63%12.12%2.67%18.26%-3.80%-5.12%17.15%24.49%-22.00%11.31%2.79%-20.93%
2010-7.15%5.88%-1.18%11.68%5.68%4.24%-10.42%11.42%9.51%7.06%3.56%4.54%

UGLSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current ProShares Ultra Gold Sharpe ratio is -0.00. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.500.000.501.001.50MarchAprilMayJuneJulyAugust
-0.00
-0.20
UGL (ProShares Ultra Gold)
Benchmark (^GSPC)

UGLDividend History


ProShares Ultra Gold doesn't pay dividends

UGLDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-54.17%
-10.77%
UGL (ProShares Ultra Gold)
Benchmark (^GSPC)

UGLWorst Drawdowns

The table below shows the maximum drawdowns of the ProShares Ultra Gold. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the ProShares Ultra Gold is 75.93%, recorded on Dec 17, 2015. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75.93%Aug 23, 20111088Dec 17, 2015
-16.17%Dec 7, 201036Jan 27, 201122Mar 1, 201158
-15.41%Jan 12, 201019Feb 8, 201042Apr 9, 201061
-15.11%Jun 21, 201026Jul 27, 201034Sep 14, 201060
-11.55%May 2, 20114May 5, 201147Jul 13, 201151
-10.6%Nov 9, 20107Nov 17, 201011Dec 3, 201018
-10.12%May 13, 20107May 21, 201018Jun 17, 201025
-7.86%Oct 15, 20109Oct 27, 20106Nov 4, 201015
-5.35%Mar 2, 201110Mar 15, 20116Mar 23, 201116
-5.01%Aug 11, 20112Aug 12, 20114Aug 18, 20116

UGLVolatility Chart

Current ProShares Ultra Gold volatility is 26.49%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%60.00%MarchAprilMayJuneJulyAugust
26.49%
16.68%
UGL (ProShares Ultra Gold)
Benchmark (^GSPC)

Portfolios with ProShares Ultra Gold


Portfolio NameYTD Return10Y ReturnDiv. Yield10Y VolatilityMax. DrawdownSharpe RatioExpense Ratio
Ray Dalio All Weather Portfolio 2x Leveraged-24.24%11.28%0.28%18.37%-40.87%-0.530.94%