Newmont Corporation vs ProShares Ultra Gold ETF — how do they compare? Newmont Corporation trades at $92.38 (market cap $95.23B), while ProShares Ultra Gold ETF trades at $44.96. The key difference: Newmont Corporation pays a 1.17% dividend while ProShares Ultra Gold ETF pays none, and Newmont Corporation is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| NEM | UGL | |
|---|---|---|
Market Cap | $95.23B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $131.95 | $85.62 |
52-Week Low | $59.86 | $33.59 |
Enterprise Value | $91.98B | — |
Dividend Yield | 1.17% | — |
Trailing returns across standard periods
Latest headlines on both assets
Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Read more on NEM →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 →