ProShares Ultra Gold ETF vs Financial Select Sector SPDR Fund — how do they compare? ProShares Ultra Gold ETF trades at $44.93, while Financial Select Sector SPDR Fund trades at $56.07. The key difference: Financial Select Sector SPDR Fund is trading nearer its 52-week high, ProShares Ultra Gold ETF nearer its low. Which is the better fit depends on your goals.
| UGL | XLF | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $85.62 | $56.75 |
52-Week Low | $33.59 | $47.80 |
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 generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts; consumer finance; thrifts; and mortgage finance. The fund is non-diversified.
Read more on XLF →