ProShares Ultra Gold ETF vs Consumer Staples Select Sector SPDR Fund — how do they compare? ProShares Ultra Gold ETF trades at $44.93, while Consumer Staples Select Sector SPDR Fund trades at $83.97. The key difference: Consumer Staples 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 | XLP | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $85.62 | $90.00 |
52-Week Low | $33.59 | $75.61 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.
Read more on XLP →