| Browse All

ProShares UltraShort Gold (GLL)

Trading--Inverse Commodities | Exchange Traded Fund | NYSEArca
18.73 USD -0.49 (-2.549%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 18.85 +0.12 (0.640%) ⇧ (April 17, 2026, 7:58 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:26 a.m. EDT

High-conviction HEDGE play on a Gold crash; avoid long entries due to negative 45-day forecast and volatility expansion in the underlying asset.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.126867
AutoARIMA0.133424
MSTL0.134589
AutoETS0.140444

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 80%
H-stat 0.42
Ljung-Box p 0.000
Jarque-Bera p 0.180
Excess Kurtosis -0.69

As of April 19, 2026, 12:26 a.m. EDT: Inverse positioning is strong but broken by recent price compression. Implied Volatility (IV) is elevated for out-of-the-money puts (>50%) vs calls (~50%), indicating speculators are pricing in a spike in the underlying asset (Gold), which benefits the short ETF. However, put OI is heavily concentrated at strikes 20, 21, and 19. Exc.: Jul 17, put OI at strike 21 (703 contracts) and 15 (1.6k) suggests a high put floor, but recent price action approaching these levels implies potential capitulation. Inverse supply ratio is slightly elevated (>1.0), suggesting sellers shorting the short ETF are active, but the heavy put activity acts as insurance against further downside.


Info Dump

Attribute Value
All Time High 2,177.6
All Time Low 15.6
Ask 18.85
Ask Size 15,200
Average Daily Volume10 Day 4,263,400
Average Daily Volume3 Month 10,144,213
Average Volume 10,144,213
Average Volume10Days 4,263,400
Beta3 Year -0.11
Bid 18.8
Bid Size 27,000
Category Trading--Inverse Commodities
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 18.77
Day Low 18.479
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 18.9262
Fifty Day Average Change -0.19620132
Fifty Day Average Change Percent -0.010366651
Fifty Two Week Change Percent -55.53181
Fifty Two Week High 48.48
Fifty Two Week High Change -29.75
Fifty Two Week High Change Percent -0.61365515
Fifty Two Week Low 15.6
Fifty Two Week Low Change 3.1299992
Fifty Two Week Low Change Percent 0.20064096
Fifty Two Week Range 15.6 - 48.48
First Trade Date Milliseconds 1,228,314,600,000
Five Year Average Return -0.3310381
Full Exchange Name NYSEArca
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 PREPRE
Max Age 86,400
Message Board Id finmb_51310780
Nav Price 18.709
Net Assets 118,571,640.0
Net Expense Ratio 1.26
Open 18.75
Phone 240-497-6400
Post Market Change 0.11980057
Post Market Change Percent 0.63961864
Post Market Price 18.8498
Post Market Time 1,776,470,320
Previous Close 19.22
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.49
Regular Market Change Percent -2.54943
Regular Market Day High 18.77
Regular Market Day Low 18.479
Regular Market Day Range 18.479 - 18.77
Regular Market Open 18.75
Regular Market Previous Close 19.22
Regular Market Price 18.73
Regular Market Time 1,776,456,000
Regular Market Volume 3,696,382
Short Name ProShares UltraShort Gold
Source Interval 15
Symbol GLL
Three Year Average Return -0.43679008
Total Assets 118,571,640
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -21.11261
Trailing Three Month Returns -21.11261
Triggerable 1
Two Hundred Day Average 29.26165
Two Hundred Day Average Change -10.531651
Two Hundred Day Average Change Percent -0.35991308
Type Disp ETF
Volume 3,696,382
Yield 0.0
Ytd Return -21.11261