(UGL) ProShares Ultra Gold - Overview
Etf: Gold, Futures, Swaps, Leverage
| Risk 5d forecast | |
|---|---|
| Volatility | 103% |
| Relative Tail Risk | -0.64% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.10 |
| Alpha | 153.63 |
| Character TTM | |
|---|---|
| Beta | 0.082 |
| Beta Downside | -0.401 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.82% |
| CAGR/Max DD | 2.66 |
Description: UGL ProShares Ultra Gold December 26, 2025
ProShares Ultra Gold (NYSE ARCA: UGL) is a U.S.-based leveraged ETF that aims to deliver twice the daily performance of the gold price index. It does this by using derivatives such as swaps, futures, forwards, and options rather than holding physical gold, and the mix of contracts can change each day at the sponsor’s discretion.
Key metrics: UGL typically carries an expense ratio around 0.95%, and its 2× leverage means that a 1% move in spot gold should produce roughly a 2% change in the ETF’s price over a single trading day, subject to compounding effects over longer horizons. Performance is highly sensitive to macro drivers like real-interest-rate differentials, U.S. dollar strength, and inflation expectations, which influence gold’s safe-haven demand. Because the fund rebalances daily, its returns can diverge from the underlying index during periods of high volatility.
For a deeper dive into how UGL’s leverage dynamics interact with gold market fundamentals, you might explore ValueRay’s analytical tools for a more granular view.
What is the price of UGL shares?
Over the past week, the price has changed by +4.07%, over one month by +17.40%, over three months by +46.84% and over the past year by +158.84%.
Is UGL a buy, sell or hold?
What are the forecasts/targets for the UGL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 108.9 | 54.2% |
UGL Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.37b USD (1.37b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.37b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.37b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.22% (E(1.37b)/V(1.37b) * Re(6.22%) + (debt-free company))
Discount Rate = 6.22% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)