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

Key characteristics


SGOLUGL
YTD Return7.60%13.14%
1Y Return12.92%15.49%
3Y Return (Ann)8.93%10.18%
5Y Return (Ann)11.28%14.20%
10Y Return (Ann)5.36%4.55%
Sharpe Ratio1.050.60
Daily Std Dev11.75%23.60%
Max Drawdown-45.51%-75.93%
Current Drawdown0.00%-40.57%

Correlation

0.99
-1.001.00

The correlation between SGOL and UGL is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

SGOL vs. UGL - Performance Comparison

In the year-to-date period, SGOL achieves a 7.60% return, which is significantly lower than UGL's 13.14% return. Over the past 10 years, SGOL has outperformed UGL with an annualized return of 5.36%, while UGL has yielded a comparatively lower 4.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


40.00%60.00%80.00%100.00%120.00%OctoberNovemberDecember2024FebruaryMarch
114.59%
93.57%
SGOL
UGL

Compare stocks, funds, or ETFs


Aberdeen Standard Physical Gold Shares ETF

ProShares Ultra Gold

SGOL vs. UGL - Expense Ratio Comparison

SGOL has a 0.17% expense ratio, which is lower than UGL's 0.95% expense ratio.

UGL
ProShares Ultra Gold
0.50%1.00%1.50%2.00%0.95%
0.50%1.00%1.50%2.00%0.17%

Risk-Adjusted Performance

SGOL vs. UGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Gold Shares ETF (SGOL) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
SGOL
Aberdeen Standard Physical Gold Shares ETF
1.05
UGL
ProShares Ultra Gold
0.60

SGOL vs. UGL - Sharpe Ratio Comparison

The current SGOL Sharpe Ratio is 1.05, which is higher than the UGL Sharpe Ratio of 0.60. The chart below compares the 12-month rolling Sharpe Ratio of SGOL and UGL.


Rolling 12-month Sharpe Ratio0.000.501.001.50OctoberNovemberDecember2024FebruaryMarch
1.05
0.60
SGOL
UGL

Dividends

SGOL vs. UGL - Dividend Comparison

Neither SGOL nor UGL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

SGOL vs. UGL - Drawdown Comparison

The maximum SGOL drawdown since its inception was -45.51%, smaller than the maximum UGL drawdown of -75.93%. The drawdown chart below compares losses from any high point along the way for SGOL and UGL


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch0
-40.57%
SGOL
UGL

Volatility

SGOL vs. UGL - Volatility Comparison

The current volatility for Aberdeen Standard Physical Gold Shares ETF (SGOL) is 3.45%, while ProShares Ultra Gold (UGL) has a volatility of 6.90%. This indicates that SGOL experiences smaller price fluctuations and is considered to be less risky than UGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%OctoberNovemberDecember2024FebruaryMarch
3.45%
6.90%
SGOL
UGL