UGL: Benefits And Risks Of The 2X Leveraged Gold ETF (NYSEARCA:UGL)
Seeking Alpha·2026-01-06 17:31

Group 1 - The ProShares Ultra Gold ETF (UGL) is a leveraged ETF that aims to provide 2x the performance of the Bloomberg Gold Subindex, launched on December 1, 2008 [1] - UGL has an expense ratio, which is a critical factor for investors to consider when evaluating the fund's cost-effectiveness [1] Group 2 - Fred Piard, a quantitative analyst with over 30 years of experience, manages an investing group focused on quality dividend stocks and tech innovation [1] - The investing group also provides market risk indicators, real estate strategies, bond strategies, and income strategies in closed-end funds [1]