ProShares Ultra Gold (UGL)Trading--Leveraged Commodities | Exchange Traded Fund | NYSEArca
45.54 USD
-0.36
(-0.783%) ⇩
(Oct. 16, 2026, 9:31 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 11:15 a.m. EDT
The 2x leveraged structure of this gold ETF creates a dangerous divergence between its spectacular long-term history and its current reality. While the nine-year trajectory shows a staggering 391% gain driven by a massive 107% surge last year, the recent price action tells a different story. The asset is currently trading significantly below its 50-day and 200-day averages, indicating that the recent rally has stalled and the short-term trend is now bearish. With zero dividends and a recent price drop below the 50-day moving average, the immediate outlook is weak. The options market confirms this hesitation; traders are buying protection near current prices while dreaming of a parabolic move higher, but they aren't betting on a steady climb. For a leveraged product, being below key moving averages after such a violent run-up is a warning sign of mean reversion. Until the price reclaims its 50-day average, the momentum is broken. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.103703 |
| AutoARIMA | 0.106086 |
| AutoETS | 0.109189 |
| AutoTheta | 0.170630 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 0.35 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.881 |
| Excess Kurtosis | -0.35 |
As of Oct. 10, 2026, 11:15 a.m. EDT: Speculators are positioning for significant volatility rather than a clear directional bet. Call Open Interest builds heavily at distant strikes (60, 100, 115) suggesting a desire for massive upside moves, while Put Open Interest concentrates tightly around the money (45-48) acting as a floor. The massive IV spikes at extreme strikes indicate fear of a gap-up or gap-down event, but the lack of directional volume imbalance suggests the market is hedging against range expansion rather than committing to a specific trend.
| Attribute | Value |
|---|---|
| All Time High | 90.4 |
| All Time Low | 5.715 |
| Ask | 45.7 |
| Ask Size | 3,600 |
| Average Daily Volume10 Day | 2,530,240 |
| Average Daily Volume3 Month | 2,754,060 |
| Average Volume | 2,754,060 |
| Average Volume10Days | 2,530,240 |
| Beta3 Year | 0.58 |
| Bid | 45.69 |
| Bid Size | 600 |
| Category | Trading--Leveraged Commodities |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 45.6 |
| Day Low | 45.5407 |
| 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 | 50.0564 |
| Fifty Day Average Change | -4.5157013 |
| Fifty Day Average Change Percent | -0.09021226 |
| Fifty Two Week Change Percent | -16.11842 |
| Fifty Two Week High | 90.4 |
| Fifty Two Week High Change | -44.859303 |
| Fifty Two Week High Change Percent | -0.49623123 |
| Fifty Two Week Low | 42.42 |
| Fifty Two Week Low Change | 3.1207008 |
| Fifty Two Week Low Change Percent | 0.073566735 |
| Fifty Two Week Range | 42.42 - 90.4 |
| First Trade Date Milliseconds | 1,228,314,600,000 |
| Five Year Average Return | 0.24957491 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.35930252 |
| Fullday Change Percent | -0.7827941 |
| Fullday Price | 45.5407 |
| 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, forward contracts and option contracts) based on the benchmark. The types and mix of Financial Instruments in which the fund invests may vary daily at the discretion of the Sponsor. It will not invest directly in any commodity. |
| Long Name | ProShares Ultra Gold |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_51310772 |
| Nav Price | 44.006 |
| Net Assets | 765,470,980.0 |
| Net Expense Ratio | 1.19 |
| Open | 45.49 |
| Phone | 240-497-6400 |
| Previous Close | 45.9 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.35930252 |
| Regular Market Change Percent | -0.7827941 |
| Regular Market Day High | 45.6 |
| Regular Market Day Low | 45.5407 |
| Regular Market Day Range | 45.5407 - 45.6 |
| Regular Market Open | 45.49 |
| Regular Market Previous Close | 45.9 |
| Regular Market Price | 45.5407 |
| Regular Market Time | 1,792,157,487 |
| Regular Market Volume | 138,231 |
| Short Name | ProShares Ultra Gold |
| Source Interval | 15 |
| Symbol | UGL |
| Three Year Average Return | 0.4587556 |
| Total Assets | 765,470,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 3.7481 |
| Trailing Three Month Returns | 3.7481 |
| Triggerable | 1 |
| Two Hundred Day Average | 57.16495 |
| Two Hundred Day Average Change | -11.624252 |
| Two Hundred Day Average Change Percent | -0.20334579 |
| Type Disp | ETF |
| Volume | 138,231 |
| Yield | 0.0 |
| Ytd Return | -18.24687 |