XAUUSD=X vs. UGL
Compare and contrast key facts about Gold Spot US Dollar (XAUUSD=X) and ProShares Ultra Gold (UGL).
UGL is a passively managed fund by ProShares that tracks the performance of the Gold bullion (200%). It was launched on Dec 1, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XAUUSD=X or UGL.
Correlation
The correlation between XAUUSD=X and UGL is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XAUUSD=X vs. UGL - Performance Comparison
Key characteristics
XAUUSD=X:
2.72
UGL:
2.51
XAUUSD=X:
3.70
UGL:
2.99
XAUUSD=X:
1.53
UGL:
1.38
XAUUSD=X:
5.00
UGL:
2.24
XAUUSD=X:
13.81
UGL:
13.63
XAUUSD=X:
2.92%
UGL:
6.30%
XAUUSD=X:
15.03%
UGL:
34.37%
XAUUSD=X:
-69.75%
UGL:
-75.93%
XAUUSD=X:
-2.81%
UGL:
-4.30%
Returns By Period
In the year-to-date period, XAUUSD=X achieves a 26.85% return, which is significantly lower than UGL's 55.38% return. Over the past 10 years, XAUUSD=X has underperformed UGL with an annualized return of 10.34%, while UGL has yielded a comparatively higher 14.46% annualized return.
XAUUSD=X
26.85%
7.92%
21.38%
42.47%
13.11%
10.34%
UGL
55.38%
15.98%
40.20%
82.80%
18.97%
14.46%
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Risk-Adjusted Performance
XAUUSD=X vs. UGL — Risk-Adjusted Performance Rank
XAUUSD=X
UGL
XAUUSD=X vs. UGL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gold Spot US Dollar (XAUUSD=X) 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.
Drawdowns
XAUUSD=X vs. UGL - Drawdown Comparison
The maximum XAUUSD=X drawdown since its inception was -69.75%, smaller than the maximum UGL drawdown of -75.93%. Use the drawdown chart below to compare losses from any high point for XAUUSD=X and UGL. For additional features, visit the drawdowns tool.
Volatility
XAUUSD=X vs. UGL - Volatility Comparison
The current volatility for Gold Spot US Dollar (XAUUSD=X) is 8.10%, while ProShares Ultra Gold (UGL) has a volatility of 16.29%. This indicates that XAUUSD=X 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.