Vanguard Mega Cap Growth ETF vs ProShares Ultra Gold ETF — how do they compare? Vanguard Mega Cap Growth ETF trades at $90.47, while ProShares Ultra Gold ETF trades at $52.62. The key difference: Vanguard Mega Cap Growth ETF is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| MGK | UGL | |
|---|---|---|
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $92.06 | $85.62 |
52-Week Low | $70.70 | $34.37 |
Trailing returns across standard periods
MGK is an ETF that seeks to track the performance of the CRSP US Mega Cap Growth Index. It provides a low-cost, diversified exposure to the largest growth companies in the U.S. stock market. The fund is composed of mega-cap stocks that exhibit key growth factors, including high expected long-term earnings growth, high historical sales and earnings growth, and high return on assets. MGK is typically used by investors seeking long-term capital appreciation from market-leading firms.
Read more on MGK →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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