Direxion Daily Gold Bull 2X ETF (UGLD) Sharpe Ratio

Sharpe ratio is not yet available for UGLD. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Direxion Daily Gold Bull 2X ETF's Sharpe Ratio with other ETFs in the Leveraged Commodities category across multiple time periods, showing how UGLD's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 30, 2026.

Symbol	Name	1Y Sharpe Ratio
UCO	ProShares Ultra Bloomberg Crude Oil	0.86
OILU	MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN	0.80
DGP	DB Gold Double Long Exchange Traded Notes	0.60
UGL	ProShares Ultra Gold	0.54
AGQ	ProShares Ultra Silver	0.33
YGLD	Simplify Gold Strategy PLUS Income ETF	0.22
SHNY	MicroSectors Gold 3X Leveraged ETN	0.21
KOLD	ProShares UltraShort Bloomberg Natural Gas	0.05
DZZ	DB Gold Double Short Exchange Traded Notes	0.04
WXET	Teucrium 2x Daily Wheat ETF	-0.28
UGLD	Direxion Daily Gold Bull 2X ETF	—

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Historical Sharpe Ratio

The chart shows UGLD's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when UGLD consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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