Equinor ASA vs ProShares Ultra Gold ETF — how do they compare? Equinor ASA trades at $40.98 (market cap $97.58B), while ProShares Ultra Gold ETF trades at $52.56. The key difference: Equinor ASA pays a 3.81% dividend while ProShares Ultra Gold ETF pays none, and Equinor ASA is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| EQNR | UGL | |
|---|---|---|
Market Cap | $97.58B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $42.40 | $85.62 |
52-Week Low | $22.41 | $34.37 |
Enterprise Value | $106.28B | — |
Dividend Yield | 3.81% | — |
Trailing returns across standard periods
Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.1 million barrels of oil equivalent per day in 2021 (52% oil) and ended the year with 5.4 billion barrels of proven reserves (49% oil). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.
Read more on EQNR →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 →