ProShares UltraShort Gold (GLL)Trading--Inverse Commodities | Exchange Traded Fund | NYSEArca
21.76 USD
+0.04
(0.184%)
⇧
(Aug. 31, 2026, 3:59 p.m.
EDT)
After hours: 21.74 -0.02 (-0.018%) ⇩ (Aug. 31, 2026, 4:03 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 6:05 a.m. EDT
This is a leveraged inverse ETF designed to profit from falling gold prices, and the data confirms the thesis is currently working while the underlying asset faces headwinds. The long-term rating is zero because the security has suffered an 84% cumulative decline over nine years, with the last three years showing consecutive negative annual returns; this is not a value opportunity but a structural failure of the trade. The short-term outlook remains bearish (1 star) as the price is trading well below its 50-day and 200-day averages, indicating persistent selling pressure. Options activity reinforces this view, with traders piling into deep out-of-the-money puts for months out, betting on a continuation of the gold rally's collapse. There is no dividend income to offset the capital destruction. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.089076 |
| AutoETS | 0.089402 |
| MSTL | 0.095655 |
| AutoTheta | 0.166836 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 61.98 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.080 |
| Excess Kurtosis | -1.06 |
As of Aug. 22, 2026, 6:05 a.m. EDT: Speculators are aggressively positioning for further declines. In the October and January expirations, there is massive open interest in deep out-of-the-money puts (strikes 9.0, 10.0, 11.0, 12.0, 14.0, 17.0) compared to negligible call activity at those strikes. While some call volume exists near the money, the sheer volume of put buying at strikes significantly below the current price indicates a strong consensus expectation of a crash or continued downtrend.
| Attribute | Value |
|---|---|
| All Time High | 2,177.6 |
| All Time Low | 15.6 |
| Ask | 21.87 |
| Ask Size | 700 |
| Average Daily Volume10 Day | 3,426,280 |
| Average Daily Volume3 Month | 2,621,357 |
| Average Volume | 2,621,357 |
| Average Volume10Days | 3,426,280 |
| Beta3 Year | -0.58 |
| Bid | 21.86 |
| Bid Size | 14,100 |
| Category | Trading--Inverse Commodities |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 22.105 |
| Day Low | 21.75 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.6822 |
| Fifty Day Average Change | -2.9221992 |
| Fifty Day Average Change Percent | -0.11839298 |
| Fifty Two Week Change Percent | -44.221878 |
| Fifty Two Week High | 40.22 |
| Fifty Two Week High Change | -18.460001 |
| Fifty Two Week High Change Percent | -0.45897564 |
| Fifty Two Week Low | 15.6 |
| Fifty Two Week Low Change | 6.16 |
| Fifty Two Week Low Change Percent | 0.39487177 |
| Fifty Two Week Range | 15.6 - 40.22 |
| First Trade Date Milliseconds | 1,228,314,600,000 |
| Five Year Average Return | -0.3013028 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.021501541 |
| Fullday Change Percent | 0.09899421 |
| Fullday Price | 21.7415 |
| Fund Family | ProShares |
| Fund Inception Date | 1,228,089,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund seeks to meet its investment objective by investing under normal market conditions in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts and forward contracts) based on the fund’s benchmark. |
| Long Name | ProShares UltraShort Gold |
| Market | us_market |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_51310780 |
| Nav Price | 20.332 |
| Net Assets | 124,199,328.0 |
| Net Expense Ratio | 1.26 |
| Open | 21.81 |
| Phone | 240-497-6400 |
| Post Market Change | -0.018499374 |
| Post Market Change Percent | -0.085015506 |
| Post Market Price | 21.7415 |
| Post Market Time | 1,788,206,618 |
| Previous Close | 21.72 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.040000916 |
| Regular Market Change Percent | 0.18416628 |
| Regular Market Day High | 22.105 |
| Regular Market Day Low | 21.75 |
| Regular Market Day Range | 21.75 - 22.105 |
| Regular Market Open | 21.81 |
| Regular Market Previous Close | 21.72 |
| Regular Market Price | 21.76 |
| Regular Market Time | 1,788,206,399 |
| Regular Market Volume | 2,161,612 |
| Short Name | ProShares UltraShort Gold |
| Source Interval | 15 |
| Symbol | GLL |
| Three Year Average Return | -0.431221 |
| Total Assets | 124,199,328 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 27.96852 |
| Trailing Three Month Returns | 27.96852 |
| Triggerable | 1 |
| Two Hundred Day Average | 22.65315 |
| Two Hundred Day Average Change | -0.8931503 |
| Two Hundred Day Average Change Percent | -0.039427202 |
| Type Disp | ETF |
| Volume | 2,161,612 |
| Yield | 0.0 |
| Ytd Return | 2.02502 |