Freeport-McMoRan Inc vs ProShares Ultra Gold ETF — how do they compare? Freeport-McMoRan Inc trades at $69.4 (market cap $96.42B), while ProShares Ultra Gold ETF trades at $52.22. The key difference: Freeport-McMoRan Inc pays a 0.87% dividend while ProShares Ultra Gold ETF pays none, and Freeport-McMoRan Inc is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| FCX | UGL | |
|---|---|---|
Market Cap | $96.42B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $71.73 | $85.62 |
52-Week Low | $35.34 | $34.37 |
Enterprise Value | $102.70B | — |
Dividend Yield | 0.87% | — |
Trailing returns across standard periods
Latest headlines on both assets
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia
Read more on FCX →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 →