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GLL vs. UGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GLL and UGL is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.1

Performance

GLL vs. UGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Gold (GLL) and ProShares Ultra Gold (UGL). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%400.00%500.00%NovemberDecember2025FebruaryMarchApril
-97.85%
482.19%
GLL
UGL

Key characteristics

Sharpe Ratio

GLL:

-1.43

UGL:

2.44

Sortino Ratio

GLL:

-2.38

UGL:

2.94

Omega Ratio

GLL:

0.75

UGL:

1.38

Calmar Ratio

GLL:

-0.49

UGL:

2.17

Martin Ratio

GLL:

-1.98

UGL:

13.25

Ulcer Index

GLL:

24.49%

UGL:

6.28%

Daily Std Dev

GLL:

33.96%

UGL:

34.12%

Max Drawdown

GLL:

-98.00%

UGL:

-75.93%

Current Drawdown

GLL:

-97.91%

UGL:

-4.80%

Returns By Period

In the year-to-date period, GLL achieves a -37.49% return, which is significantly lower than UGL's 54.58% return. Over the past 10 years, GLL has underperformed UGL with an annualized return of -19.43%, while UGL has yielded a comparatively higher 13.97% annualized return.


GLL

YTD

-37.49%

1M

-18.89%

6M

-31.82%

1Y

-48.93%

5Y*

-22.04%

10Y*

-19.43%

UGL

YTD

54.58%

1M

20.01%

6M

40.09%

1Y

84.95%

5Y*

18.50%

10Y*

13.97%

*Annualized

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GLL vs. UGL - Expense Ratio Comparison

Both GLL and UGL have an expense ratio of 0.95%.


Expense ratio chart for GLL: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GLL: 0.95%
Expense ratio chart for UGL: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
UGL: 0.95%

Risk-Adjusted Performance

GLL vs. UGL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLL
The Risk-Adjusted Performance Rank of GLL is 11
Overall Rank
The Sharpe Ratio Rank of GLL is 00
Sharpe Ratio Rank
The Sortino Ratio Rank of GLL is 00
Sortino Ratio Rank
The Omega Ratio Rank of GLL is 00
Omega Ratio Rank
The Calmar Ratio Rank of GLL is 22
Calmar Ratio Rank
The Martin Ratio Rank of GLL is 00
Martin Ratio Rank

UGL
The Risk-Adjusted Performance Rank of UGL is 9595
Overall Rank
The Sharpe Ratio Rank of UGL is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of UGL is 9595
Sortino Ratio Rank
The Omega Ratio Rank of UGL is 9494
Omega Ratio Rank
The Calmar Ratio Rank of UGL is 9494
Calmar Ratio Rank
The Martin Ratio Rank of UGL is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GLL vs. UGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Gold (GLL) and ProShares Ultra Gold (UGL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for GLL, currently valued at -1.43, compared to the broader market-1.000.001.002.003.004.00
GLL: -1.43
UGL: 2.44
The chart of Sortino ratio for GLL, currently valued at -2.38, compared to the broader market-2.000.002.004.006.008.00
GLL: -2.38
UGL: 2.94
The chart of Omega ratio for GLL, currently valued at 0.75, compared to the broader market0.501.001.502.002.50
GLL: 0.75
UGL: 1.38
The chart of Calmar ratio for GLL, currently valued at -0.49, compared to the broader market0.002.004.006.008.0010.0012.00
GLL: -0.49
UGL: 2.17
The chart of Martin ratio for GLL, currently valued at -1.98, compared to the broader market0.0020.0040.0060.00
GLL: -1.98
UGL: 13.25

The current GLL Sharpe Ratio is -1.43, which is lower than the UGL Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of GLL and UGL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-1.43
2.44
GLL
UGL

Dividends

GLL vs. UGL - Dividend Comparison

Neither GLL nor UGL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

GLL vs. UGL - Drawdown Comparison

The maximum GLL drawdown since its inception was -98.00%, which is greater than UGL's maximum drawdown of -75.93%. Use the drawdown chart below to compare losses from any high point for GLL and UGL. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-97.91%
-4.80%
GLL
UGL

Volatility

GLL vs. UGL - Volatility Comparison

ProShares UltraShort Gold (GLL) and ProShares Ultra Gold (UGL) have volatilities of 16.58% and 16.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
16.58%
16.43%
GLL
UGL