UGL

ProShares Ultra Gold (UGL) | Rumor.io

ProShares Ultra Gold

UGL

Attention (50-day avg)0.01%

Attention rank (50-day avg)#406

Bullish sentiment (50-day avg)53%

Price to earnings ratio0

Net assets0

Expense ratio0.01%

Social

What share of all ETF conversation is about UGL?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0.02% +0.02	0% -0.01	0.01% -0.01	0.01% -0.23

May 26

The ProShares Ultra Gold ETF (UGL) has a backtested CAGR of 15.78% when using real 2x gold, compared to 21.35% claimed by some test runs using a synthetic 3x gold ticker.
The UGL ETF can be used to replicate a strategy with a 14.31% CAGR and 27% Max DD, making it a viable option for investors with a risk tolerance that aligns with this profile.
Non-UK/US investors can use the UGL ETF to achieve a higher CAGR compared to synthetic 3x gold, while US investors may prefer to use 2x gold (UGL) for similar results.

Generated by AI

Sentiment

Of the messages about UGL that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	—	50% -28.95	61.43% +11.97	48.81% +14.6
Bearish	—	50% +28.95	38.57% -11.97	51.19% -14.6

Bullish· Jan 29

The author believes the value of US treasuries and US dollars will continue to decline, leading to increased demand for gold and a potential surge in its price.
The author has seen significant gains in their leveraged gold investment, with a 20% gain on their unrealized returns, and believes the asset has "a lot of room to run".
The author considers leveraged gold funds like UGL to be a good way to front-run the institutionalization of the gold market, which they believe is driving the current accumulation phase.

Bearish· Jan 31

UGL could potentially be wiped out completely due to a large drawdown in silver prices.
The asset's value has dropped significantly, with a 22% decline in gains.
It may be necessary to de-leverage positions in UGL to minimize potential losses.

Generated by AI

Topics

Of the messages about UGL that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Technical Analysis	—	—	100%	75.56%
Macro	—	—	0%	24.44%

Jan 3

$UGL is showing a potentially oversold condition with a RSI of 23, indicating a possible bounce in the near term.
The chart for $UGL is displaying a descending triangle pattern, which could break to the upside or downside in the coming days.
A correction in the stock market could lead to a buying opportunity for $UGL, given its inverse relationship with gold prices.

Generated by AI

Community

Of the messages about UGL, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	100%	100%	54.7%	30.27%
Newcomers	0%	0%	45.3%	69.73%

Regulars· Sep 25

The ProShares Ultra Gold (UGL) has seen significant trading activity, with multiple posts discussing its bid size and market movement.
There is a discussion about the potential impact of the UGL on other gold-related assets, such as $SLW and $BNCN.
The regulars are concerned about the volatility of the UGL, with some posts referencing its sensitivity to market fluctuations, including the VelocityShares Daily 2x VIX Short Term ETN Yield ($TVIX).

Newcomers· Jan 31

Newcomers are learning about the importance of metals circuit breakers, which can lead to significant losses if not managed properly.
UGL is being considered as a hedge or a way to give a higher ratio of stocks to hedges, but some users prefer GDE due to its lower cost.
Trailing stops are being used to adjust positions and limit losses, but the sell-off came earlier than expected, resulting in missed gains.

Generated by AI

News

The Hidden Danger in Leveraged Gold ETFs Like UGL and GLL

Leveraged gold ETFs like UGL and GLL promise to multiply your gains, but a structural quirk buried in how they work has quietly destroyed returns even when traders called the gold market correctly.

2mo agoYahoo Finance

UGL: I Want To Buy The Dip, But This Is Not The Right Option (NYSEARCA:UGL)

2mo agoSeeking Alpha

I Found A Pattern, Also Applicable To 2022, On Gold That I Use Today For UGL

2mo agoSeeking Alpha

Also Discussed

Investors talking about UGL also mention

#	Name	Attention
1	abrdn Physical Gold Shares ETFSGOL	0.14%new
2	iShares Gold TrustIAU	0%-0.33
3	DB Gold Double Long ETNDGP	0%new
4	ProShares UltraPro Dow30UDOW	0%new
5	abrdn Physical Platinum Shares ETFPPLT	0%+0
6	SPDR Gold SharesGLD	1.38%-3.95
7	ProShares UltraShort GoldGLL	0.01%new
8	Capital Group U.S. Multi-Sector Income ETFCGMS	0%0
9	MicroSectors Gold Miners 3X Leveraged ETNGDXU	0.05%-0.01
10	VanEck Merk Gold TrustOUNZ	0%-0.29

ProShares Ultra Gold

ProShares Ultra Gold is an exchange-traded fund (ETF) that seeks to provide daily investment results corresponding to twice the performance of the price of gold bullion. This ETF enables investors to gain enhanced exposure to the movements in gold prices, allowing them to effectively utilize leverage in their portfolio strategies without directly engaging in futures contracts or derivative trading. ProShares Ultra Gold is particularly relevant for those looking to capitalize on short-term price swings in the gold market or hedge against inflationary pressures and currency fluctuations. It holds a significant place in the market by offering higher risk-reward dynamics compared to traditional gold ETFs, appealing primarily to institutional investors and speculative traders. Gold, as a commodity, plays a crucial role in the global financial system, serving as a hedge against market volatility and economic uncertainty. By providing leveraged exposure, ProShares Ultra Gold amplifies this role, enabling investors to potentially achieve higher returns in a rising gold market, albeit with increased risk.

Location

United States

Social

What share of all ETF conversation is about UGL?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0.02% +0.02	0% -0.01	0.01% -0.01	0.01% -0.23

May 26

The ProShares Ultra Gold ETF (UGL) has a backtested CAGR of 15.78% when using real 2x gold, compared to 21.35% claimed by some test runs using a synthetic 3x gold ticker.
The UGL ETF can be used to replicate a strategy with a 14.31% CAGR and 27% Max DD, making it a viable option for investors with a risk tolerance that aligns with this profile.
Non-UK/US investors can use the UGL ETF to achieve a higher CAGR compared to synthetic 3x gold, while US investors may prefer to use 2x gold (UGL) for similar results.

Generated by AI

Sentiment

Of the messages about UGL that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	—	50% -28.95	61.43% +11.97	48.81% +14.6
Bearish	—	50% +28.95	38.57% -11.97	51.19% -14.6

Bullish· Jan 29

The author believes the value of US treasuries and US dollars will continue to decline, leading to increased demand for gold and a potential surge in its price.
The author has seen significant gains in their leveraged gold investment, with a 20% gain on their unrealized returns, and believes the asset has "a lot of room to run".
The author considers leveraged gold funds like UGL to be a good way to front-run the institutionalization of the gold market, which they believe is driving the current accumulation phase.

Bearish· Jan 31

UGL could potentially be wiped out completely due to a large drawdown in silver prices.
The asset's value has dropped significantly, with a 22% decline in gains.
It may be necessary to de-leverage positions in UGL to minimize potential losses.

Generated by AI

Topics

Of the messages about UGL that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Technical Analysis	—	—	100%	75.56%
Macro	—	—	0%	24.44%

Jan 3

$UGL is showing a potentially oversold condition with a RSI of 23, indicating a possible bounce in the near term.
The chart for $UGL is displaying a descending triangle pattern, which could break to the upside or downside in the coming days.
A correction in the stock market could lead to a buying opportunity for $UGL, given its inverse relationship with gold prices.

Generated by AI

Community

Of the messages about UGL, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	100%	100%	54.7%	30.27%
Newcomers	0%	0%	45.3%	69.73%

Regulars· Sep 25

The ProShares Ultra Gold (UGL) has seen significant trading activity, with multiple posts discussing its bid size and market movement.
There is a discussion about the potential impact of the UGL on other gold-related assets, such as $SLW and $BNCN.
The regulars are concerned about the volatility of the UGL, with some posts referencing its sensitivity to market fluctuations, including the VelocityShares Daily 2x VIX Short Term ETN Yield ($TVIX).

Newcomers· Jan 31

Newcomers are learning about the importance of metals circuit breakers, which can lead to significant losses if not managed properly.
UGL is being considered as a hedge or a way to give a higher ratio of stocks to hedges, but some users prefer GDE due to its lower cost.
Trailing stops are being used to adjust positions and limit losses, but the sell-off came earlier than expected, resulting in missed gains.

Generated by AI

ProShares Ultra Gold

Social

May 26

Bullish· Jan 29

Bearish· Jan 31

Jan 3

Regulars· Sep 25

Newcomers· Jan 31

The Hidden Danger in Leveraged Gold ETFs Like UGL and GLL

UGL: I Want To Buy The Dip, But This Is Not The Right Option (NYSEARCA:UGL)

I Found A Pattern, Also Applicable To 2022, On Gold That I Use Today For UGL

Also Discussed

ProShares Ultra Gold

Company Information

Location

The Hidden Danger in Leveraged Gold ETFs Like UGL and GLL

UGL: I Want To Buy The Dip, But This Is Not The Right Option (NYSEARCA:UGL)

I Found A Pattern, Also Applicable To 2022, On Gold That I Use Today For UGL

Also Discussed

Social

May 26

Bullish· Jan 29

Bearish· Jan 31

Jan 3

Regulars· Sep 25

Newcomers· Jan 31