iShares MSCI Australia ETF vs ProShares Ultra Gold ETF — how do they compare? iShares MSCI Australia ETF trades at $30.23, while ProShares Ultra Gold ETF trades at $52.39. The key difference: iShares MSCI Australia ETF is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| EWA | UGL | |
|---|---|---|
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $30.41 | $85.62 |
52-Week Low | $24.95 | $34.37 |
Trailing returns across standard periods
EWA tracks the MSCI Australia Index, providing broad exposure to large and mid-cap companies in the Australian equity market. It is structurally dominated by the financial and materials sectors, serving as a key instrument for investors seeking a single-country view of Australia's resource-rich and stable economy.
Read more on EWA →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 →