Illinois Tool Works Inc. vs ProShares Ultra Gold ETF — how do they compare? Illinois Tool Works Inc. trades at $271.88 (market cap $78.17B), while ProShares Ultra Gold ETF trades at $45. The key difference: Illinois Tool Works Inc. pays a 2.37% dividend while ProShares Ultra Gold ETF pays none, and Illinois Tool Works Inc. is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| ITW | UGL | |
|---|---|---|
Market Cap | $78.17B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $299.60 | $85.62 |
52-Week Low | $241.07 | $33.59 |
Enterprise Value | $86.49B | — |
Dividend Yield | 2.37% | — |
Trailing returns across standard periods
Latest headlines on both assets
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
Read more on ITW →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 →