Bank of Nova Scotia vs ProShares Ultra Gold ETF — how do they compare? Bank of Nova Scotia trades at $89.03 (market cap $108.32B), while ProShares Ultra Gold ETF trades at $52.19. The key difference: Bank of Nova Scotia pays a 3.64% dividend while ProShares Ultra Gold ETF pays none, and Bank of Nova Scotia is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| BNS | UGL | |
|---|---|---|
Market Cap | $108.32B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $90.29 | $85.62 |
52-Week Low | $56.41 | $34.37 |
Dividend Yield | 3.64% | — |
Trailing returns across standard periods
Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Central and South America.
Read more on BNS →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.
Read more on UGL →