Garmin Ltd. vs ProShares Ultra Gold ETF — how do they compare? Garmin Ltd. trades at $309.51 (market cap $59.72B), while ProShares Ultra Gold ETF trades at $52.39. The key difference: Garmin Ltd. pays a 1.36% dividend while ProShares Ultra Gold ETF pays none, and Garmin Ltd. is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| GRMN | UGL | |
|---|---|---|
Market Cap | $59.72B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $313.16 | $85.62 |
52-Week Low | $187.10 | $34.37 |
Enterprise Value | $57.23B | — |
Dividend Yield | 1.36% | — |
Trailing returns across standard periods
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Read more on GRMN →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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