Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
ProShares UltraShort Gold (GLL)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: GLL (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -30.42% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta -0.65 | 52 Weeks Range 20.44 - 43.52 | Updated Date 06/29/2025 |
52 Weeks Range 20.44 - 43.52 | Updated Date 06/29/2025 |
Upturn AI SWOT
ProShares UltraShort Gold
ETF Overview
Overview
ProShares UltraShort Gold (GLL) seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Gold Subindex. It offers investors a way to potentially profit from a decrease in gold prices.
Reputation and Reliability
ProShares is a well-known issuer of leveraged and inverse ETFs, generally considered reliable within that niche.
Management Expertise
ProShares has experience managing complex leveraged and inverse ETFs, requiring a specialized understanding of derivatives and market dynamics.
Investment Objective
Goal
To provide daily investment results (before fees and expenses) that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Gold Subindex.
Investment Approach and Strategy
Strategy: This ETF uses a leveraged inverse strategy, aiming to deliver twice the inverse of the daily performance of the Bloomberg Gold Subindex.
Composition The ETF primarily holds financial instruments, such as swap agreements, futures contracts, and other derivatives, designed to produce the -2x daily inverse return of the underlying gold index.
Market Position
Market Share: GLL holds a notable share of the leveraged inverse gold ETF market, but it's still a niche product.
Total Net Assets (AUM): 16.01
Competitors
Key Competitors
- DZZ
Competitive Landscape
The competitive landscape is limited, with GLL being the primary fund. Advantages: higher liquidity and AUM vs. competitors. Disadvantages: highly volatile and subject to decay.
Financial Performance
Historical Performance: Historical performance is characterized by significant volatility, with inverse correlation to gold prices magnified by leverage.
Benchmark Comparison: Performance should be compared to -2x the daily performance of the Bloomberg Gold Subindex, but deviations may occur due to leverage and compounding effects.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
GLL exhibits a moderate average trading volume, indicating reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread can vary depending on market conditions, but is typically manageable for an ETF of this type.
Market Dynamics
Market Environment Factors
Economic indicators, interest rates, inflation expectations, and geopolitical events influence gold prices and, consequently, GLL's performance.
Growth Trajectory
GLL's future trajectory depends entirely on gold price movements and investor appetite for leveraged inverse exposure. Any changes to the underlying index methodology of -2x Inverse Daily strategy and derivative investments will have effects on GLL's trajectory.
Moat and Competitive Advantages
Competitive Edge
GLL provides a leveraged inverse exposure to gold, offering a unique tool for investors seeking to profit from short-term declines in gold prices. Its main advantage is its ability to magnify inverse returns, though this also amplifies risks. It caters specifically to investors with a strong conviction about the direction of gold and a sophisticated understanding of leveraged products. GLL is not designed for long-term investments due to the effects of compounding and leverage.
Risk Analysis
Volatility
GLL exhibits high volatility due to its leveraged nature, magnifying price swings compared to unleveraged gold investments.
Market Risk
The primary market risk is the inverse correlation to gold; unexpected increases in gold prices can lead to significant losses. Leverage also amplifies these losses.
Investor Profile
Ideal Investor Profile
Sophisticated investors with a short-term bearish outlook on gold, a high risk tolerance, and a thorough understanding of leveraged ETFs.
Market Risk
GLL is suitable for active traders with a short-term investment horizon, not for long-term investors or passive index followers.
Summary
ProShares UltraShort Gold (GLL) is a leveraged inverse ETF designed to provide twice the inverse of the daily performance of the Bloomberg Gold Subindex. It is a high-risk, high-reward investment vehicle suitable for short-term trading strategies. Its performance is highly sensitive to gold price movements, and it is not intended for long-term holding. Investors should fully understand the risks associated with leverage and inverse strategies before investing in GLL.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ProShares website
- Bloomberg
- ETF.com
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results. Leveraged and inverse ETFs are not suitable for all investors and carry significant risk.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares UltraShort Gold
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to meet its investment objective by investing under normal market conditions in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts and forward contracts) based on the fund"s benchmark.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.