TORM plc vs ProShares Ultra Gold ETF — how do they compare? TORM plc trades at $29.89 (market cap $2.99B), while ProShares Ultra Gold ETF trades at $45. The key difference: TORM plc pays a 9.62% dividend while ProShares Ultra Gold ETF pays none, and TORM plc is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| TRMD | UGL | |
|---|---|---|
Market Cap | $2.99B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $34.87 | $85.62 |
52-Week Low | $17.50 | $33.59 |
Enterprise Value | $3.88B | — |
Dividend Yield | 9.62% | — |
Trailing returns across standard periods
Latest headlines on both assets
TORM plc is one of the world's largest owners and operators of product tankers, specializing in the transportation of refined oil products like gasoline, jet fuel, and diesel. Operating under its integrated 'One TORM' model, the company maintains a modern, wholly-owned fleet of nearly 90 vessels. It is widely recognized by investors for its aggressive variable dividend policy, which returns a significant portion of its cash flow directly to shareholders during periods of high freight rates.
Read more on TRMD →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 →