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

Key characteristics


UGLGLDM
YTD Return65.77%34.29%
1Y Return73.77%38.81%
3Y Return (Ann)22.85%15.80%
5Y Return (Ann)16.67%12.78%
Sharpe Ratio2.562.72
Sortino Ratio3.133.65
Omega Ratio1.401.47
Calmar Ratio1.355.71
Martin Ratio14.9917.53
Ulcer Index4.79%2.17%
Daily Std Dev28.08%13.99%
Max Drawdown-75.93%-21.63%
Current Drawdown-12.91%0.00%

Correlation

-0.50.00.51.01.0

The correlation between UGL and GLDM 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

UGL vs. GLDM - Performance Comparison

In the year-to-date period, UGL achieves a 65.77% return, which is significantly higher than GLDM's 34.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%10.00%20.00%30.00%40.00%MayJuneJulyAugustSeptemberOctober
39.09%
21.02%
UGL
GLDM

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


UGL vs. GLDM - Expense Ratio Comparison

UGL has a 0.95% expense ratio, which is higher than GLDM's 0.18% expense ratio.


UGL
ProShares Ultra Gold
Expense ratio chart for UGL: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for GLDM: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

UGL vs. GLDM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Gold (UGL) and SPDR Gold MiniShares Trust (GLDM). 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.


UGL
Sharpe ratio
The chart of Sharpe ratio for UGL, currently valued at 2.56, compared to the broader market-2.000.002.004.006.002.56
Sortino ratio
The chart of Sortino ratio for UGL, currently valued at 3.13, compared to the broader market0.005.0010.003.13
Omega ratio
The chart of Omega ratio for UGL, currently valued at 1.40, compared to the broader market1.001.502.002.503.001.40
Calmar ratio
The chart of Calmar ratio for UGL, currently valued at 2.28, compared to the broader market0.005.0010.0015.002.28
Martin ratio
The chart of Martin ratio for UGL, currently valued at 14.99, compared to the broader market0.0020.0040.0060.0080.00100.00120.0014.99
GLDM
Sharpe ratio
The chart of Sharpe ratio for GLDM, currently valued at 2.72, compared to the broader market-2.000.002.004.006.002.72
Sortino ratio
The chart of Sortino ratio for GLDM, currently valued at 3.65, compared to the broader market0.005.0010.003.65
Omega ratio
The chart of Omega ratio for GLDM, currently valued at 1.47, compared to the broader market1.001.502.002.503.001.47
Calmar ratio
The chart of Calmar ratio for GLDM, currently valued at 5.71, compared to the broader market0.005.0010.0015.005.71
Martin ratio
The chart of Martin ratio for GLDM, currently valued at 17.53, compared to the broader market0.0020.0040.0060.0080.00100.00120.0017.53

UGL vs. GLDM - Sharpe Ratio Comparison

The current UGL Sharpe Ratio is 2.56, which is comparable to the GLDM Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of UGL and GLDM, 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 Ratio1.001.502.002.503.00MayJuneJulyAugustSeptemberOctober
2.56
2.72
UGL
GLDM

Dividends

UGL vs. GLDM - Dividend Comparison

Neither UGL nor GLDM has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

UGL vs. GLDM - Drawdown Comparison

The maximum UGL drawdown since its inception was -75.93%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for UGL and GLDM. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%MayJuneJulyAugustSeptemberOctober00
UGL
GLDM

Volatility

UGL vs. GLDM - Volatility Comparison

ProShares Ultra Gold (UGL) has a higher volatility of 5.96% compared to SPDR Gold MiniShares Trust (GLDM) at 3.01%. This indicates that UGL's price experiences larger fluctuations and is considered to be riskier than GLDM 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%12.00%MayJuneJulyAugustSeptemberOctober
5.96%
3.01%
UGL
GLDM