ProShares Ultra Gold ETF vs Warner Music Group Corp — how do they compare? ProShares Ultra Gold ETF trades at $44.96, while Warner Music Group Corp trades at $28.2 (market cap $14.64B). The key difference: Warner Music Group Corp pays a 2.71% dividend while ProShares Ultra Gold ETF pays none, and Warner Music Group Corp is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| UGL | WMG | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $85.62 | $34.72 |
52-Week Low | $33.59 | $23.65 |
Market Cap | — | $14.64B |
Enterprise Value | — | $18.84B |
Dividend Yield | — | 2.71% |
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 →Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Read more on WMG →