Direxion Daily 20 Year Treasury Bull 3X Shares vs ProShares Ultra Gold ETF — how do they compare? Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.39, while ProShares Ultra Gold ETF trades at $44.98. The key difference: ProShares Ultra Gold ETF is trading nearer its 52-week high, Direxion Daily 20 Year Treasury Bull 3X Shares nearer its low. Which is the better fit depends on your goals.
| TMF | UGL | |
|---|---|---|
Sector | Leveraged / Inverse | Leveraged / Inverse |
52-Week High | $44.14 | $85.62 |
52-Week Low | $31.85 | $33.59 |
Trailing returns across standard periods
Latest headlines on both assets
TMF is a leveraged ETF that seeks to provide 300% (3x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. It is a tactical instrument used by sophisticated traders to capitalize on declining interest rates or to hedge against equity market volatility. Due to its daily reset mechanism and high expense ratio, TMF is structurally designed for short-term speculation rather than long-term buy-and-hold investing.
Read more on TMF →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 →