Deutsche Bank AG vs ProShares Ultra Gold ETF — how do they compare? Deutsche Bank AG trades at $38.4 (market cap $71.96B), while ProShares Ultra Gold ETF trades at $52.33. The key difference: Deutsche Bank AG pays a 3.04% dividend while ProShares Ultra Gold ETF pays none, and Deutsche Bank AG is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| DB | UGL | |
|---|---|---|
Market Cap | $71.96B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $40.33 | $85.62 |
52-Week Low | $28.37 | $34.37 |
Dividend Yield | 3.04% | — |
Trailing returns across standard periods
In July 2019, Deutsche Bank announced another restructuring plan hoping to revitalize revenue, reduce costs, and return to profitability. The largest moving pieces of the new plan is the full exit of global equity sales & trading, the scaling back of its fixed income business, as well as 18,000 FTE reductions until 2022. The remaining core business segments include private banking, corporate banking, asset management, and investment banking.
Read more on DB →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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