Fastly Inc vs ProShares Ultra Gold ETF — how do they compare? Fastly Inc trades at $28.7 (market cap $4.58B), while ProShares Ultra Gold ETF trades at $52.54. The key difference: Fastly Inc is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| FSLY | UGL | |
|---|---|---|
Market Cap | $4.58B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $33.50 | $85.62 |
52-Week Low | $6.85 | $34.37 |
Enterprise Value | $4.65B | — |
Trailing returns across standard periods
Latest headlines on both assets
Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focused on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly has far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated about two thirds of its revenue in the United States in 2020.
Read more on FSLY →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 →