iShares MSCI ACWI ETF vs ProShares Ultra Gold ETF — how do they compare? iShares MSCI ACWI ETF trades at $161.9, while ProShares Ultra Gold ETF trades at $52.27. The key difference: iShares MSCI ACWI ETF is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| ACWI | UGL | |
|---|---|---|
52-Week High | $161.44 | $85.62 |
52-Week Low | $132.04 | $34.37 |
Sector | — | Leveraged / Inverse |
Trailing returns across standard periods
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries.
Read more on ACWI →UGL is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Gold Subindex. It is a tactical tool designed for sophisticated investors to magnify short-term bullish views on gold prices through the use of futures and swap contracts, rather than holding physical bullion.
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