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ProShares Ultra Gold (UGL)

Trading--Leveraged Commodities | Exchange Traded Fund | NYSEArca
53.07 USD -3.74 (-6.583%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 53.09 +0.02 (0.038%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 1:22 a.m. EDT

The immediate outlook is driven by a powerful speculative surge rather than fundamental business growth. While the underlying asset is a leveraged gold ETF with no corporate earnings or dividends, the recent price action shows a strong recovery from the 50-day average, and the options market is screaming for further gains with heavy buying in the upper strikes. This creates a high-conviction short-term bullish case as traders bet on continued momentum. However, the long-term investment thesis is neutral; the security is a volatile leveraged instrument with no intrinsic value generation, making it unsuitable for a buy-and-hold strategy despite the current rally.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.079006
AutoTheta0.080776
AutoETS0.082258
MSTL0.093280

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 38%
H-stat 0.94
Ljung-Box p 0.000
Jarque-Bera p 0.029
Excess Kurtosis -0.16

As of Aug. 22, 2026, 1:22 a.m. EDT: Speculators are aggressively positioning for a sharp upward move, evidenced by massive call volume and open interest at strikes significantly above current prices (e.g., 90, 110, 125), alongside a notable spike in implied volatility for deep out-of-the-money calls. Conversely, put activity is concentrated near the money and slightly below, suggesting a defensive floor rather than a bearish bet. The skew in volume and open interest heavily favors upside exposure.


Info Dump

Attribute Value
All Time High 90.4
All Time Low 5.715
Ask 53.05
Ask Size 500
Average Daily Volume10 Day 3,141,140
Average Daily Volume3 Month 2,407,969
Average Volume 2,407,969
Average Volume10Days 3,141,140
Beta3 Year 0.51
Bid 53.05
Bid Size 2,500
Category Trading--Leveraged Commodities
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 57.36
Day Low 52.7603
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 47.8052
Fifty Day Average Change 5.264801
Fifty Day Average Change Percent 0.1101303
Fifty Two Week Change Percent 44.07811
Fifty Two Week High 90.4
Fifty Two Week High Change -37.33
Fifty Two Week High Change Percent -0.4129425
Fifty Two Week Low 38.23
Fifty Two Week Low Change 14.84
Fifty Two Week Low Change Percent 0.38817683
Fifty Two Week Range 38.23 - 90.4
First Trade Date Milliseconds 1,228,314,600,000
Five Year Average Return 0.3051689
Full Exchange Name NYSEArca
Fullday Change -3.74
Fullday Change Percent -6.58335
Fullday Price 53.09
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 CLOSED
Max Age 86,400
Message Board Id finmb_51310772
Nav Price 56.582
Net Assets 644,976,130.0
Net Expense Ratio 1.19
Open 56.65
Phone 240-497-6400
Post Market Change 0.020000458
Post Market Change Percent 0.037686937
Post Market Price 53.09
Post Market Time 1,787,961,559
Previous Close 56.81
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -3.74
Regular Market Change Percent -6.58335
Regular Market Day High 57.36
Regular Market Day Low 52.7603
Regular Market Day Range 52.7603 - 57.36
Regular Market Open 56.65
Regular Market Previous Close 56.81
Regular Market Price 53.07
Regular Market Time 1,787,947,200
Regular Market Volume 8,043,677
Short Name ProShares Ultra Gold
Source Interval 15
Symbol UGL
Three Year Average Return 0.58544993
Total Assets 644,976,128
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -25.34433
Trailing Three Month Returns -25.34433
Triggerable 1
Two Hundred Day Average 58.1198
Two Hundred Day Average Change -5.049801
Two Hundred Day Average Change Percent -0.08688606
Type Disp ETF
Volume 8,043,677
Yield 0.0
Ytd Return -20.97317