ProShares Ultra Gold ETF vs Vanguard Information Technology Index Fund ETF — how do they compare? ProShares Ultra Gold ETF trades at $44.93, while Vanguard Information Technology Index Fund ETF trades at $115.87. The key difference: Vanguard Information Technology Index Fund 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 | VGT | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $85.62 | $125.77 |
52-Week Low | $33.59 | $83.59 |
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 →The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index/Information Technology 25/50, an index made up of stocks of large, mid-size, and small US companies within the information technology sector, as classified under the GICS. The advisor attempts to replicate the target index by seeking to invest all of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. It is non-diversified.
Read more on VGT →