ProShares Ultra Gold ETF vs United States Oil ETF — how do they compare? ProShares Ultra Gold ETF trades at $44.93, while United States Oil ETF trades at $128.85. The key difference: United States Oil ETF is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| UGL | USO | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $85.62 | $152.96 |
52-Week Low | $33.59 | $66.17 |
Trailing returns across standard periods
Latest headlines on both assets
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 →This ETF invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.
Read more on USO →