ProShares UltraShort Gold (GLL)Trading--Inverse Commodities | Exchange Traded Fund | NYSEArca
24.85 USD
+0.06
(0.242%)
⇧
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 24.86 +0.01 (0.040%) ⇧ (Oct. 16, 2026, 4:38 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 2:54 a.m. EDT
This is a leveraged inverse ETF tracking gold, meaning its performance is entirely dependent on the direction of the precious metal, not intrinsic business fundamentals. The price history shows a significant decline from a high of $31.62 to a low of $15.60, indicating a severe multi-year downtrend where the market has punished the asset repeatedly. This structural decline is the primary driver for a neutral-to-bearish long-term outlook; holding this instrument is akin to betting against a rally that has already cracked, exposing investors to compounding decay and volatility drag. The short-term rating remains neutral because the statistical forecasting model offers no directional edge, and while volume is elevated, it is below the average, suggesting a lack of urgent momentum. The options data confirms a defensive posture, with traders stacking insurance (puts) rather than betting on a rebound. Consequently, neither the technical breakdown nor the macro headwinds provide a high-conviction setup for a near-term bounce, leaving the instrument as a speculative vehicle for bearish gold views rather than a viable investment. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.130767 |
| MSTL | 0.131446 |
| AutoETS | 0.132133 |
| AutoTheta | 0.190903 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 1.24 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.719 |
| Excess Kurtosis | -0.16 |
As of Oct. 10, 2026, 2:54 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in out-of-the-money puts expiring in April 2027 (over 3,000 contracts) compared to negligible call volume. While there is some speculative buying of deep out-of-the-money calls (10 strike) likely for leverage or lottery plays, the overwhelming capital deployment is in put walls around the 14-22 strike range, suggesting a consensus view that the asset will trade lower or remain capped well below current levels.
| Attribute | Value |
|---|---|
| All Time High | 2,177.6 |
| All Time Low | 15.6 |
| Ask | 24.87 |
| Ask Size | 12,000 |
| Average Daily Volume10 Day | 2,148,960 |
| Average Daily Volume3 Month | 2,674,467 |
| Average Volume | 2,674,467 |
| Average Volume10Days | 2,148,960 |
| Beta3 Year | -0.63 |
| Bid | 24.86 |
| Bid Size | 16,100 |
| Category | Trading--Inverse Commodities |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.01 |
| Day Low | 24.4933 |
| 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 | 23.059 |
| Fifty Day Average Change | 1.7910004 |
| Fifty Day Average Change Percent | 0.07767034 |
| Fifty Two Week Change Percent | -10.2462 |
| Fifty Two Week High | 31.62 |
| Fifty Two Week High Change | -6.7700005 |
| Fifty Two Week High Change Percent | -0.21410501 |
| Fifty Two Week Low | 15.6 |
| Fifty Two Week Low Change | 9.25 |
| Fifty Two Week Low Change Percent | 0.5929487 |
| Fifty Two Week Range | 15.6 - 31.62 |
| First Trade Date Milliseconds | 1,228,314,600,000 |
| Five Year Average Return | -0.2799131 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.069999695 |
| Fullday Change Percent | 0.2823707 |
| Fullday Price | 24.86 |
| 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 | 25.876 |
| Net Assets | 108,184,688.0 |
| Net Expense Ratio | 1.26 |
| Open | 24.96 |
| Phone | 240-497-6400 |
| Post Market Change | 0.010000229 |
| Post Market Change Percent | 0.04024237 |
| Post Market Price | 24.86 |
| Post Market Time | 1,792,183,094 |
| Previous Close | 24.79 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0599995 |
| Regular Market Change Percent | 0.242031 |
| Regular Market Day High | 25.01 |
| Regular Market Day Low | 24.4933 |
| Regular Market Day Range | 24.4933 - 25.01 |
| Regular Market Open | 24.96 |
| Regular Market Previous Close | 24.79 |
| Regular Market Price | 24.85 |
| Regular Market Time | 1,792,180,800 |
| Regular Market Volume | 2,434,633 |
| Short Name | ProShares UltraShort Gold |
| Source Interval | 15 |
| Symbol | GLL |
| Three Year Average Return | -0.39910758 |
| Total Assets | 108,184,688 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -7.19467 |
| Trailing Three Month Returns | -7.19467 |
| Triggerable | 1 |
| Two Hundred Day Average | 22.0823 |
| Two Hundred Day Average Change | 2.7677002 |
| Two Hundred Day Average Change Percent | 0.12533568 |
| Type Disp | ETF |
| Volume | 2,434,633 |
| Yield | 0.0 |
| Ytd Return | -3.95765 |