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 0.97, 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
XAUUSD=X vs. UGL - Performance Comparison
Key characteristics
XAUUSD=X:
1.90
UGL:
2.85
XAUUSD=X:
2.49
UGL:
3.21
XAUUSD=X:
1.36
UGL:
1.43
XAUUSD=X:
3.25
UGL:
1.77
XAUUSD=X:
8.20
UGL:
14.11
XAUUSD=X:
3.20%
UGL:
6.29%
XAUUSD=X:
13.99%
UGL:
31.16%
XAUUSD=X:
-69.75%
UGL:
-75.93%
XAUUSD=X:
-0.09%
UGL:
-5.95%
Returns By Period
In the year-to-date period, XAUUSD=X achieves a 11.90% return, which is significantly lower than UGL's 22.31% return. Over the past 10 years, XAUUSD=X has underperformed UGL with an annualized return of 8.88%, while UGL has yielded a comparatively higher 11.29% annualized return.
XAUUSD=X
11.90%
6.57%
16.88%
45.05%
11.43%
8.88%
UGL
22.31%
11.48%
29.70%
88.93%
14.99%
11.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 3.22%, while ProShares Ultra Gold (UGL) has a volatility of 8.11%. 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.