ProShares Ultra Gold (UGL) Alternatives
ProShares Ultra Gold (UGL) 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 UGL. 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 UGL
UGL charges 0.95% annually. Among ETFs in the Leveraged Commodities category, these options have the lowest expense ratios among UGL alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Simplify Gold Strategy PLUS Income ETF | 0.50% | Dec 2, 2024 | UGL vs YGLD | |
| DB Gold Double Long Exchange Traded Notes | 0.75% | Feb 27, 2008 | UGL vs DGP | |
| DB Gold Double Short Exchange Traded Notes | 0.75% | Feb 27, 2008 | UGL vs DZZ | |
| ProShares Ultra Silver | 0.93% | Dec 1, 2008 | UGL vs AGQ | |
| ProShares UltraShort Bloomberg Natural Gas | 0.95% | Oct 4, 2011 | UGL vs KOLD |
Best Risk-Adjusted Alternatives to UGL
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 | UGL vs DGP | |
| ProShares Ultra Silver | 77 | Dec 1, 2008 | UGL vs AGQ | |
| MicroSectors Gold 3X Leveraged ETN | 76 | Feb 24, 2023 | UGL vs SHNY | |
| Simplify Gold Strategy PLUS Income ETF | 74 | Dec 2, 2024 | UGL vs YGLD | |
| MicroSectors Oil & Gas Exploration & Production 3X... | 50 | Mar 24, 2017 | UGL vs OILU |
Top Performing UGL Alternatives (YTD)
UGL 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 | UGL vs OILU | |
| ProShares Ultra Bloomberg Crude Oil | 103.42% | Nov 24, 2008 | UGL vs UCO | |
| DB Gold Double Long Exchange Traded Notes | 13.65% | Feb 27, 2008 | UGL vs DGP | |
| Roundhill Gold WeeklyPay ETF | 8.62% | Oct 30, 2025 | UGL vs GLDW | |
| MicroSectors Gold 3X Leveraged ETN | 6.21% | Feb 24, 2023 | UGL vs SHNY |
Lowest Volatility Alternatives to UGL
UGL 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 | UGL vs GLDW | |
| Simplify Gold Strategy PLUS Income ETF | 43.67% | Dec 2, 2024 | UGL vs YGLD | |
| ProShares UltraShort Gold | 54.76% | Dec 1, 2008 | UGL vs GLL | |
| DB Gold Double Long Exchange Traded Notes | 55.31% | Feb 27, 2008 | UGL vs DGP | |
| ProShares UltraShort Bloomberg Crude Oil | 56.93% | Nov 24, 2008 | UGL vs SCO |
Lowest Drawdown Alternatives to UGL
UGL 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 | UGL vs YGLD | |
| ProShares Ultra Bloomberg Crude Oil | -34.77% | Nov 24, 2008 | UGL vs UCO | |
| DB Gold Double Long Exchange Traded Notes | -36.58% | Feb 27, 2008 | UGL vs DGP | |
| MicroSectors Oil & Gas Exploration & Production 3X... | -52.04% | Mar 24, 2017 | UGL vs OILU | |
| MicroSectors Gold 3X Leveraged ETN | -54.35% | Feb 24, 2023 | UGL vs SHNY |
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 | UGL vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -23.25% | Oct 19, 2021 | UGL vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 57 | -13.35% | Jun 21, 2006 | UGL vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 45 | -16.03% | Jun 23, 2009 | UGL vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 51 | -10.23% | Jun 19, 2006 | UGL vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 27 | 2.36% | Oct 9, 2013 | UGL vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | -8.58% | Jan 30, 2007 | UGL vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 18.46% | Feb 9, 2010 | UGL vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 45.56% | Oct 3, 2011 | UGL vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -47.12% | Apr 1, 2024 | UGL vs BITU |
Often Compared With UGL
What investors most often compare with UGL, based on PortfoliosLab usage data.
Compare UGL with Any Fund or Stock
Compare UGL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.