ProShares UltraShort Gold ETFFund
- Change -1.91 (-2.2%)
- Volume 0.04 M
4:00 PM EDT Jan 27, 2015
U.S. Markets are closed
- Assets $68.1M
- Expense Ratio 0.95%
- Yield N/A
- Vs 50 Day EMA %
- Vs 200 Day EMA %
Commodity Based ETF
ProShares UltraShort Gold is an exchange-traded fund incorporated in the USA. The Fund will seek daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of its corresponding benchmark. The Fund tracks the daily performance of gold bullion as measured by the U.S. Dollar fixing price for delivery in London.
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11-05-2014 11:00 AM by Todd Shriber
While remembering the familiar advice that inverse and leveraged exchange traded funds are not suitable for all investors and that these ETFs are best used over short-term time frames by active traders with the ability to closely monitor their positions, it is worth noting that s...
11-04-2014 08:00 AM by Tom Lydon
As the U.S. dollar strengthens and bullion prices draw near four-year lows, speculators are have grown more bearish, with some turning to inverse gold-related exchange traded funds. The physically backed SPDR Gold Shares (NYSEArca: GLD) has declined 3.1% over the past month an...
09-04-2014 02:20 PM by Max Chen
Gold bullion and related exchange traded funds are under pressure as a stronger U.S. dollar makes purchases more expensive and demand dips overseas. The SPDR Gold Shares (NYSEArca: GLD) has declined 1.8% over the past month but is still up 5.2% year-to-date. COMEX gold futu...
04-10-2014 09:30 AM by Tom Lydon
If Auric Goldfinger, the villain in the 1964 James Bond movie "Goldfinger," was a real person and alive today, there is an excellent chance he would be enthralled by two new exchange funds debuting today from Direxion. Well, Mr. Goldfinger would almost certainly be a fan of th...
01-21-2014 12:03 PM by Tom Lydon
Inflows to exchange traded funds were a record $247.3 billion. That marks the second consecutive year inflows topped $200 billion. Smart-beta, or non-cap weighted ETFs, continued to gain stature…and assets. Smart beta ETFs "contributed a record $65.1bn of inflows in 2013 led b...
04-15-2013 04:02 PM by Tom Lydon
Gold is crashing with prices dipping below $1,400 an ounce Monday. Inverse ETFs are capitalizing on gold's misfortunes. The ProShares UltraShort Gold (NYSEArca: GLL), which tries to reflect two times the inverse, or -200%, daily performance of gold bullion, surged 15.8% Monday...
02-12-2013 11:15 AM by Tom Lydon
The stock market reached a new five-year high to kick off February, however, some investors may not be convinced fundamentals are in place for a full recovery yet. Various exchange traded funds can protect a portfolio in the event of a downturn in certain areas of the market. ...
03-12-2012 12:44 PM by Tom Lydon
Gold exchange traded funds seem to be coiling for their next big move with the precious metal's price hovering around $1,700 an ounce in March. Gold ETFs such as SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss Gold Shares (NYSEArca:...
02-13-2012 01:15 PM by Tom Lydon
Gold prices are hovering above $1,700 an ounce and ETFs that invest in the precious metal could move higher in 2012 on Europe's lingering debt crisis and further monetary easing from central banks. Gold prices dropped 1.2% for the week ended Feb. 10, settling at around $1,725 ...
01-27-2012 10:17 AM by Paul Weisbruch, Street One Financial
On Thursday we saw evidence of options players looking to get short gold-related exchange traded funds, including SPDR Gold Shares (NYSEArca: GLD) and Market Vectors Gold Miners ETF (NYSEArca: GDX). Gold, as well as silver, have had impressive rallies the past several days and...
11-30-2011 11:35 AM by Paul Weisbruch, Street One Financial
Despite the sell-off from peak levels reached in August and September of this year and news that well known hedge fund managers including John Paulson have been paring back their exposure to the metal, exchange traded funds that track the price of gold bullion remain the best per...
11-11-2011 12:00 PM by John Spence
Throwing aside whether or not gold is in a bubble, gold exchange traded funds seem to be a crowded trade lately. Options traders are positioning for more upside in gold ETFs by snapping up bullish call options at a brisk pace. [Options Traders Bullish on Gold ETF] Bullish s...
09-16-2011 07:52 AM by Tom Lydon
Exchange traded funds that profit from falling gold prices have seen trading volume rise since the beginning of August as investors bet against the precious metal or hedge long positions. These bearish funds posted solid gains Thursday while gold prices moved lower. Global sto...
08-24-2011 10:47 AM by Paul Weisbruch, Street One Financial
Gold prices fell below $1,780 an ounce on Wednesday morning in the wake of the previous day's nearly 4% decline after the recent spike to record highs. Related exchange traded funds such as GLD (SPDR Gold), IAU (iShares Gold), SGOL (ETFS Gold), DGL (PowerShares Gold), SLV (iSh...
08-24-2011 10:08 AM by John Spence
Exchange traded funds tracking gold were down 4% Wednesday afternoon following the previous session's steep pullback as the precious metal corrects following a run above $1,900 an ounce. Gold futures skidded $100 to below $1,800. Gold holdings in exchange traded products de...
08-22-2011 04:30 PM by Tom Lydon
Exchange traded funds that profit from falling gold prices have seen trading volume increase as the precious metal tops $1,900 an ounce, a new record. Investors can use these ETFs to speculate on gold pullbacks, or to hedge a long position in bullion. Wells Fargo recently s...
07-27-2011 12:12 PM by ETF Trends
Gold, a hedge against uncertain times for thousands of years, seems to have everything going for it as the precious metal rises to nominal record highs priced in dollars. The long-term bullish fundamental case for gold is solid as the debt problems shaking Europe and the U.S. ...
11-11-2010 03:00 PM by Tom Lydon
At one time, long before exchange traded funds (ETFs) came into the picture, commodities were for institutions and others with the time and monetary resources to play the futures markets. Today, you (yes, you) can have commodities in your portfolio, too. These days, commoditie...
11-05-2010 11:00 AM by Tom Lydon
Gold exchange traded funds (ETFs) are apparently this season's must-have portfolio item. Market watchers, however, are divided about how much steam the metal has left. The idea of gold prices hitting $10,000 per ounce sounds ludicrous to some – perhaps as ludicrous as gold r...
10-25-2010 11:00 AM by Tom Lydon
Gold is on a hot streak as it continues to set records and rally on. The physically-backed exchange traded funds (ETFs) are glimmering, however, some are saying its time to short the metal. Benzinga on MinyanVille reports that regardless of the movements of the dollar, investo...
10-12-2010 06:00 AM by Tom Lydon
When your cab driver starts giving you tips, it's a sure sign that a market has become overheated. Have gold exchange traded funds (ETFs) reached that point? Everybody knows that when the ordinary public get into a boom, the smart money gets out, says Brett Arends for The Wall...
10-05-2010 06:00 AM by Tom Lydon
Although physically-backed gold exchange traded funds (ETFs) are raking in assets and making gains left and right, many are beginning to wonder where the top is for this metal's meteoric rise. Last week, gold hit its 10th record high in the past 12 trading days, rising above ...
09-20-2010 12:00 PM by Tom Lydon
Once again, gold has surged to a record high as the U.S. dollar weakens. As the prices climb, more skeptics are asking the question: is now the time to short gold? If your answer is yes, you have several exchange traded fund (ETF) options. Gold has hit yet another record today...
07-16-2010 12:00 PM by Tom Lydon
Can you feel the changing tides? Gold prices are back to seven-week lows, the U.S. dollar has fallen off its perch and euro exchange traded funds (ETFs) are back in favor. Now that the sentiment has turned, there are a slew of ETFs to play it. Traders are fleeing the gold mark...
06-13-2010 01:00 PM by Tom Lydon
Gold exchange traded funds (ETFs) serve several functions in both good times and bad. These days, we're seeing it primarily working as a safe haven for investors. If you're among the worried, you have a number of options when it comes to getting exposure. Gold has been on a ho...
03-02-2010 11:00 AM by Tom Lydon
Fashion Week in New York just wrapped up, but one white-hot trend probably didn't come up: metals exchange traded fund (ETF) investing. Thanks to deficits and continuing concerns about the global economy, these ETFs have become more popular than ever. An increasing federal de...
12-07-2009 11:00 AM by Tom Lydon
Gold prices have been on a seemingly unstoppable run in the last few months, but it suddenly seems to be on pause. Exchange traded funds (ETFs) can give you the opportunity to capitalize, no matter what gold's next move happens to be. Gold's decline today is part of a ripple ...
06-08-2009 06:00 AM by Tom Lydon
Analysts are closely watching the performance of gold, as many are anticipating the $1,000 mark, so which exchange traded fund (ETF) should investors be ready to play? From April 17 through May 26, gold bullion jumped from $ 867.90 to $953.90 an ounce - a 10% gain in less than...
12-03-2008 12:00 PM by Tom Lydon
ProShares has launched more exchange traded funds (ETFs) today that allow investors to go ultra long or ultra short on gold and silver. The four new funds are in addition to the rollout of ultra long and ultra short euro, commodity and oil funds the provider issued last week. ...