Direxion Daily TSLA Bull 2X Shares vs ProShares Ultra Gold ETF — how do they compare? Direxion Daily TSLA Bull 2X Shares trades at $8.37, while ProShares Ultra Gold ETF trades at $52.35. The key difference: ProShares Ultra Gold ETF is trading nearer its 52-week high, Direxion Daily TSLA Bull 2X Shares nearer its low. Which is the better fit depends on your goals.
| TSLL | UGL | |
|---|---|---|
Sector | Leveraged / Inverse | Leveraged / Inverse |
52-Week High | $23.03 | $85.62 |
52-Week Low | $6.74 | $34.37 |
Trailing returns across standard periods
TSLL provides 200% of the daily performance of Tesla, Inc. (TSLA). It uses swaps and financial derivatives to achieve its 2x leverage, making it a high-volatility tool for tactical trading rather than long-term investment due to daily resets.
Read more on TSLL →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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