The ProShares Ultra Gold ETF (UGL) ETF is a leveraged ETF from ProShares that attempts to track the price of gold using the Bloomberg Gold Subindex but uses daily resetting with a 2x leverage factor.
The ProShares Ultra Gold ETF offers 2x daily leveraged exposure to the Bloomberg Gold Subindex, with high liquidity and intensive short-term trading activity. UGL's performance diverges from ...
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