ProShares Ultra Gold (UGL)
ARCA ARCA Primary 
UGL: A Steady Decay History, And Leveraged ETF Dashboard
Leveraged ETFs have a non-linear behavior, and their price may drift relative to the underlying. This article reports drift data for 22 of them. ProShares Ultra Gold ETF shows significant decay in the long term due to beta-slippage and contango.
UGL 2x Gold 15% Dump: Start To Be A Potentially Risky Choice
Leveraged ETFs like ProShares Ultra Gold are risky during sideways or downtrending markets, with a high expense ratio of 0.95%. A critical period is approaching for gold due to a bullish U.S. dollar, rising Treasury yields. The spread between UGL and its unleveraged counterpart, such as SPDR® Gold Shares ETF, is widening and has reached a new high, indicating an overbought condition.
VanEck CEO: Bitcoin and Gold are Hedges for Fiscal Turbulence
VanEck CEO Jan van Eck joins Bloomberg Live from Future Proof and gives his financial view ahead of the Fed Decision.
UGL Drift And Leveraged ETF Watchlist
Leveraged ETFs like ProShares Ultra Gold can magnify returns, but are prone to drift. A drift watchlist with 22 of them. Leveraged ETFs in semiconductors show the largest drifts. UGL drift history points to an unattractive risk/reward trade-off.
UGL: 2x Daily Returns On Gold, But Be Careful Of Cycle
ProShares Ultra Gold ETF is a daily leveraged play on Gold. If Gold trades sideways and volatile, the UGL ETF would not perform 2x as well as Gold. If Gold is in a secular bull trend, this is a geared way to play it for traders.
Gold Shatters Expectations With A Record High Of $2,450 Per Ounce Amid Expectations Of Lower Interest Rates
The price of gold has reached a new record high of $2,450 per ounce, marking a significant milestone in the commodity markets.
