ProShares Ultra Gold (UGL): Historical Returns

Data Source: from January 2009 to February 2024 (~15 years)
Consolidated Returns as of 29 February 2024
Live Update: Mar 01 2024
Category: Commodities
ProShares Ultra Gold (UGL) ETF
ETF • LIVE PERFORMANCE (USD currency)
3.88%
1 Day
Mar 01 2024
3.88%
Current Month
March 2024

In the last 10 Years, the ProShares Ultra Gold (UGL) ETF obtained a 2.22% compound annual return, with a 27.84% standard deviation.

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The ETF is related to the following investment themes:

  • Leveraged: 2x
  • Asset Class: Commodity
  • Commodity: Gold

The ProShares Ultra Gold (UGL) ETF is part of the following Lazy Portfolios:

Portfolio Name Author UGL Weight Currency
Simplified Permanent Portfolio 2x Leveraged 25.00% USD
Golden Butterfly 2x Leveraged 20.00% USD
Desert Portfolio 2x Leveraged Gyroscopic Investing 10.00% USD
All Weather Portfolio 2x Leveraged Ray Dalio 7.50% USD

Investment Returns as of Feb 29, 2024

The ProShares Ultra Gold (UGL) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the actual US Inflation rates.
PROSHARES ULTRA GOLD (UGL) ETF
Consolidated returns as of 29 February 2024
Live Update: Mar 01 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y MAX
(~15Y)
ProShares Ultra Gold (UGL) ETF 3.88 3.88 0.11 5.42 12.79 9.78 2.22 4.50
US Inflation Adjusted return 0.11 4.23 9.81 5.46 -0.54 1.91
Returns over 1 year are annualized | Available data source: since Jan 2009
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Current inflation (annualized) is 1Y: 2.71% , 5Y: 4.10% , 10Y: 2.77%

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 2014, now would be worth 1.25$, with a total return of 24.53% (2.22% annualized).

The Inflation Adjusted Capital now would be 0.95$, with a net total return of -5.29% (-0.54% annualized).
An investment of 1$, since January 2009, now would be worth 1.95$, with a total return of 95.06% (4.50% annualized).

The Inflation Adjusted Capital now would be 1.33$, with a net total return of 33.15% (1.91% annualized).

Investment Metrics as of Feb 29, 2024

Metrics of ProShares Ultra Gold (UGL) ETF, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the actual US Inflation rates.
PROSHARES ULTRA GOLD (UGL) ETF
Advanced Metrics
Data Source: 1 January 2009 - 29 February 2024 (~15 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y MAX
(~15Y)
Investment Return (%) 0.11 -1.85 5.42 12.79 3.69 9.78 2.22 4.50
Infl. Adjusted Return (%) details 0.11 -2.37 4.23 9.81 -1.73 5.46 -0.54 1.91
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.55
Pending updates, the monthly inflation after Jan 2024 is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Deepest Drawdown Depth (%) -17.37 -32.49 -41.48 -41.48 -73.45
Start to Recovery (# months) details 8 33* 43* 43* 150*
Start (yyyy mm) 2023 05 2021 06 2020 08 2020 08 2011 09
Start to Bottom (# months) 5 17 27 27 52
Bottom (yyyy mm) 2023 09 2022 10 2022 10 2022 10 2015 12
Bottom to End (# months) 3 16 16 16 98
End (yyyy mm) 2023 12 - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest
-39.94
same as
deepest
Start to Recovery (# months) details 66
Start (yyyy mm) 2023 05 2021 06 2020 08 2014 03 2011 09
Start to Bottom (# months) 5 17 27 22 52
Bottom (yyyy mm) 2023 09 2022 10 2022 10 2015 12 2015 12
Bottom to End (# months) 3 16 16 44 98
End (yyyy mm) 2023 12 - - 2019 08 -
Longest negative period (# months) details 11* 33* 44 104 160
Period Start (yyyy mm) 2023 04 2021 06 2020 02 2014 03 2010 06
Period End (yyyy mm) 2024 02 2024 02 2023 09 2022 10 2023 09
Annualized Return (%) -2.39 -2.79 -0.33 -1.10 -0.14
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -18.52 -39.16 -49.23 -49.23 -74.75
Start to Recovery (# months) details 10* 33* 43* 43* 150*
Start (yyyy mm) 2023 05 2021 06 2020 08 2020 08 2011 09
Start to Bottom (# months) 5 17 27 27 52
Bottom (yyyy mm) 2023 09 2022 10 2022 10 2022 10 2015 12
Bottom to End (# months) 5 16 16 16 98
End (yyyy mm) - - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest
-40.50
same as
deepest
Start to Recovery (# months) details 74
Start (yyyy mm) 2023 05 2021 06 2020 08 2014 03 2011 09
Start to Bottom (# months) 5 17 27 22 52
Bottom (yyyy mm) 2023 09 2022 10 2022 10 2015 12 2015 12
Bottom to End (# months) 5 16 16 52 98
End (yyyy mm) - - - 2020 04 -
Longest negative period (# months) details 11* 36* 51 120* 172
Period Start (yyyy mm) 2023 04 2021 03 2019 07 2014 03 2009 06
Period End (yyyy mm) 2024 02 2024 02 2023 09 2024 02 2023 09
Annualized Return (%) -5.11 -1.73 -0.06 -0.54 -0.14
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y MAX
Standard Deviation (%) 25.09 27.09 28.63 27.84 32.06
Sharpe Ratio 0.30 0.05 0.28 0.04 0.02
Sortino Ratio 0.49 0.08 0.43 0.06 0.02
Ulcer Index 6.40 13.85 20.14 21.90 49.54
Ratio: Return / Standard Deviation 0.51 0.14 0.34 0.08 0.14
Ratio: Return / Deepest Drawdown 0.74 0.11 0.24 0.05 0.06
% Positive Months details 58% 47% 46% 45% 48%
Positive Months 7 17 28 55 88
Negative Months 5 19 32 65 94
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Best 10 Years Return (%) - Annualized 2.22 4.47
Worst 10 Years Return (%) - Annualized -7.00
Best 10 Years Return (%) - Annualized -0.54 2.61
Worst 10 Years Return (%) - Annualized -9.28
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Over the latest 10Y
Best Rolling Return (%) - Annualized 76.00 25.03 18.98 2.22
Worst Rolling Return (%) - Annualized -29.80 -8.64 -4.83
% Positive Periods 52% 65% 90% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 77.92 23.38 15.07 8.44
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 74.23 22.71 17.05 -0.54
Worst Rolling Return (%) - Annualized -29.96 -13.43 -6.26
% Positive Periods 49% 51% 85% 0%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 77.92 23.38 15.07 8.44
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 2009 - Feb 2024)
Best Rolling Return (%) - Annualized 100.97 41.71 18.98 4.47
Worst Rolling Return (%) - Annualized -51.65 -30.55 -19.12 -7.00
% Positive Periods 53% 52% 53% 52%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 65.51 16.23 8.63 3.90
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 93.70 38.22 17.05 2.61
Worst Rolling Return (%) - Annualized -52.37 -31.22 -20.14 -9.28
% Positive Periods 51% 41% 49% 17%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 65.51 16.23 8.63 3.90
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Feb 29, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of ProShares Ultra Gold (UGL) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

PROSHARES ULTRA GOLD (UGL) ETF
Monthly correlations as of 29 February 2024
Swipe left to see all data
Correlation vs UGL
Asset Class 1 Year 5 Years 10 Years Since
Jan 2009
VTI
US Total Stock Market
0.14
0.22
0.08
0.10
SPY
US Large Cap
0.20
0.24
0.09
0.10
IJR
US Small Cap
-0.08
0.09
-0.03
0.00
VNQ
US REITs
0.14
0.28
0.19
0.14
QQQ
US Technology
0.30
0.26
0.10
0.11
PFF
Preferred Stocks
-0.30
0.25
0.20
0.13
EFA
EAFE Stocks
0.26
0.28
0.16
0.17
VT
World All Countries
0.19
0.27
0.14
0.17
EEM
Emerging Markets
0.28
0.35
0.30
0.29
VGK
Europe
0.26
0.29
0.17
0.18
VPL
Pacific
0.24
0.28
0.16
0.16
FLLA
Latin America
0.05
0.20
0.26
0.28
BND
US Total Bond Market
0.40
0.47
0.46
0.39
TLT
Long Term Treasuries
0.34
0.41
0.43
0.27
BIL
US Cash
-0.09
0.05
0.08
0.04
TIP
TIPS
0.54
0.47
0.48
0.46
LQD
Invest. Grade Bonds
0.37
0.44
0.42
0.33
HYG
High Yield Bonds
0.28
0.30
0.27
0.16
CWB
US Convertible Bonds
-0.05
0.20
0.14
0.14
BNDX
International Bonds
0.50
0.40
0.36
0.30
EMB
Emerg. Market Bonds
0.32
0.42
0.39
0.31
GLD
Gold
1.00
1.00
1.00
1.00
DBC
Commodities
-0.06
0.04
0.10
0.28

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

PROSHARES ULTRA GOLD (UGL) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 2014 - 29 February 2024 (10 Years)
Data Source: 1 January 2009 - 29 February 2024 (~15 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-41.48% Aug 2020 Oct 2022 27 in progress 16 43 23.61
-39.94% Mar 2014 Dec 2015 22 Aug 2019 44 66 22.32
-9.23% Sep 2019 Nov 2019 3 Jan 2020 2 5 5.01
-2.33% Feb 2020 Mar 2020 2 Apr 2020 1 3 1.46
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 7 17.3 Months 5.79%
 
DD = 0% 5.79%
 
0% < DD <= -5% 6 20.2 Months 4.96%
 
DD <= -5% 10.74%
 
-5% < DD <= -10% 9 13.4 Months 7.44%
 
DD <= -10% 18.18%
 
-10% < DD <= -15% 13 9.3 Months 10.74%
 
DD <= -15% 28.93%
 
-15% < DD <= -20% 19 6.4 Months 15.70%
 
DD <= -20% 44.63%
 
-20% < DD <= -25% 32 3.8 Months 26.45%
 
DD <= -25% 71.07%
 
-25% < DD <= -30% 17 7.1 Months 14.05%
 
DD <= -30% 85.12%
 
-30% < DD <= -35% 14 8.6 Months 11.57%
 
DD <= -35% 96.69%
 
-35% < DD <= -40% 3 40.3 Months 2.48%
 
DD <= -40% 99.17%
 
-40% < DD <= -45% 1 121.0 Months 0.83%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-49.23% Aug 2020 Oct 2022 27 in progress 16 43 31.03
-40.50% Mar 2014 Dec 2015 22 Apr 2020 52 74 23.56
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 5 24.2 Months 4.13%
 
DD = 0% 4.13%
 
0% < DD <= -5% 5 24.2 Months 4.13%
 
DD <= -5% 8.26%
 
-5% < DD <= -10% 9 13.4 Months 7.44%
 
DD <= -10% 15.70%
 
-10% < DD <= -15% 9 13.4 Months 7.44%
 
DD <= -15% 23.14%
 
-15% < DD <= -20% 11 11.0 Months 9.09%
 
DD <= -20% 32.23%
 
-20% < DD <= -25% 23 5.3 Months 19.01%
 
DD <= -25% 51.24%
 
-25% < DD <= -30% 17 7.1 Months 14.05%
 
DD <= -30% 65.29%
 
-30% < DD <= -35% 24 5.0 Months 19.83%
 
DD <= -35% 85.12%
 
-35% < DD <= -40% 12 10.1 Months 9.92%
 
DD <= -40% 95.04%
 
-40% < DD <= -45% 4 30.3 Months 3.31%
 
DD <= -45% 98.35%
 
-45% < DD <= -50% 2 60.5 Months 1.65%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-73.45% Sep 2011 Dec 2015 52 in progress 98 150 54.44
-17.07% Dec 2009 Jan 2010 2 May 2010 4 6 10.94
-12.84% Mar 2009 Apr 2009 2 May 2009 1 3 7.04
-12.63% Jan 2011 Jan 2011 1 Mar 2011 2 3 6.40
-10.61% Jun 2009 Jun 2009 1 Sep 2009 3 4 6.50
-10.42% Jul 2010 Jul 2010 1 Sep 2010 2 3 5.21
-8.73% May 2011 Jun 2011 2 Jul 2011 1 3 4.76
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 17 10.8 Months 9.29%
 
DD = 0% 9.29%
 
0% < DD <= -5% 4 45.8 Months 2.19%
 
DD <= -5% 11.48%
 
-5% < DD <= -10% 4 45.8 Months 2.19%
 
DD <= -10% 13.66%
 
-10% < DD <= -15% 11 16.6 Months 6.01%
 
DD <= -15% 19.67%
 
-15% < DD <= -20% 4 45.8 Months 2.19%
 
DD <= -20% 21.86%
 
-20% < DD <= -25% 6 30.5 Months 3.28%
 
DD <= -25% 25.14%
 
-25% < DD <= -30% 3 61.0 Months 1.64%
 
DD <= -30% 26.78%
 
-30% < DD <= -35% 5 36.6 Months 2.73%
 
DD <= -35% 29.51%
 
-35% < DD <= -40% 3 61.0 Months 1.64%
 
DD <= -40% 31.15%
 
-40% < DD <= -45% 12 15.3 Months 6.56%
 
DD <= -45% 37.70%
 
-45% < DD <= -50% 22 8.3 Months 12.02%
 
DD <= -50% 49.73%
 
-50% < DD <= -55% 14 13.1 Months 7.65%
 
DD <= -55% 57.38%
 
-55% < DD <= -60% 17 10.8 Months 9.29%
 
DD <= -60% 66.67%
 
-60% < DD <= -65% 27 6.8 Months 14.75%
 
DD <= -65% 81.42%
 
-65% < DD <= -70% 26 7.0 Months 14.21%
 
DD <= -70% 95.63%
 
-70% < DD <= -100% 8 22.9 Months 4.37%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-74.75% Sep 2011 Dec 2015 52 in progress 98 150 59.19
-17.17% Dec 2009 Jan 2010 2 May 2010 4 6 10.98
-12.91% Jan 2011 Jan 2011 1 Apr 2011 3 4 5.90
-12.84% Mar 2009 Apr 2009 2 May 2009 1 3 7.02
-11.35% Jun 2009 Jun 2009 1 Sep 2009 3 4 7.13
-10.59% Jul 2010 Jul 2010 1 Sep 2010 2 3 5.30
-9.02% May 2011 Jun 2011 2 Jul 2011 1 3 4.95
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 16 11.4 Months 8.74%
 
DD = 0% 8.74%
 
0% < DD <= -5% 5 36.6 Months 2.73%
 
DD <= -5% 11.48%
 
-5% < DD <= -10% 4 45.8 Months 2.19%
 
DD <= -10% 13.66%
 
-10% < DD <= -15% 10 18.3 Months 5.46%
 
DD <= -15% 19.13%
 
-15% < DD <= -20% 3 61.0 Months 1.64%
 
DD <= -20% 20.77%
 
-20% < DD <= -25% 6 30.5 Months 3.28%
 
DD <= -25% 24.04%
 
-25% < DD <= -30% 5 36.6 Months 2.73%
 
DD <= -30% 26.78%
 
-30% < DD <= -35% 3 61.0 Months 1.64%
 
DD <= -35% 28.42%
 
-35% < DD <= -40% 1 183.0 Months 0.55%
 
DD <= -40% 28.96%
 
-40% < DD <= -45% 2 91.5 Months 1.09%
 
DD <= -45% 30.05%
 
-45% < DD <= -50% 5 36.6 Months 2.73%
 
DD <= -50% 32.79%
 
-50% < DD <= -55% 8 22.9 Months 4.37%
 
DD <= -55% 37.16%
 
-55% < DD <= -60% 30 6.1 Months 16.39%
 
DD <= -60% 53.55%
 
-60% < DD <= -65% 30 6.1 Months 16.39%
 
DD <= -65% 69.95%
 
-65% < DD <= -70% 36 5.1 Months 19.67%
 
DD <= -70% 89.62%
 
-70% < DD <= -100% 19 9.6 Months 10.38%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

PROSHARES ULTRA GOLD (UGL) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 2014 - 29 February 2024 (10 Years)
Data Source: 1 January 2009 - 29 February 2024 (~15 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -29.80 08/2014
07/2015
0.70$ -17.30 0.82$ 0.87 1.00$ 33.93 1.33$ 76.00 08/2019
07/2020
1.76$ 12.79 47.71%
2Y -18.34 09/2020
08/2022
0.66$ -6.77 0.86$ 3.54 1.07$ 16.96 1.36$ 50.13 09/2018
08/2020
2.25$ -2.40 36.08%
3Y -8.64 07/2014
06/2017
0.76$ -2.89 0.91$ 3.69 1.11$ 18.74 1.67$ 25.03 08/2017
07/2020
1.95$ 3.69 34.12%
5Y -4.83 03/2014
02/2019
0.78$ 2.97 1.15$ 8.22 1.48$ 12.17 1.77$ 18.98 08/2015
07/2020
2.38$ 9.78 9.84%
7Y 1.59 03/2014
02/2021
1.11$ 3.54 1.27$ 5.95 1.49$ 7.70 1.68$ 9.80 01/2017
12/2023
1.92$ 6.86 0.00%
10Y 2.22 03/2014
02/2024
1.24$ 2.22 1.24$ 2.22 1.24$ 2.22 1.24$ 2.22 03/2014
02/2024
1.24$ 2.22 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -29.96 08/2014
07/2015
0.70$ -19.18 0.80$ -1.76 0.98$ 30.42 1.30$ 74.23 08/2019
07/2020
1.74$ 9.81 50.46%
2Y -23.64 11/2020
10/2022
0.58$ -9.68 0.81$ -0.06 0.99$ 13.60 1.29$ 47.88 09/2018
08/2020
2.18$ -6.45 50.52%
3Y -13.43 10/2020
09/2023
0.64$ -6.27 0.82$ 0.31 1.00$ 14.35 1.49$ 22.71 08/2017
07/2020
1.84$ -1.73 48.24%
5Y -6.26 05/2014
04/2019
0.72$ -0.29 0.98$ 4.45 1.24$ 9.25 1.55$ 17.05 08/2015
07/2020
2.19$ 5.46 14.75%
7Y -0.91 10/2016
09/2023
0.93$ 0.50 1.03$ 2.99 1.22$ 4.48 1.35$ 6.08 01/2017
12/2023
1.51$ 3.28 5.41%
10Y -0.54 03/2014
02/2024
0.94$ -0.54 0.94$ -0.54 0.94$ -0.54 0.94$ -0.54 03/2014
02/2024
0.94$ -0.54 100.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -51.65 01/2013
12/2013
0.48$ -20.19 0.79$ 2.70 1.02$ 43.33 1.43$ 100.97 09/2010
08/2011
2.00$ 12.79 46.78%
2Y -35.42 11/2012
10/2014
0.41$ -21.28 0.61$ 2.58 1.05$ 31.52 1.72$ 80.06 09/2009
08/2011
3.24$ -2.40 43.40%
3Y -30.55 12/2012
11/2015
0.33$ -18.47 0.54$ 0.46 1.01$ 19.76 1.71$ 41.71 05/2009
04/2012
2.84$ 3.69 47.62%
5Y -19.12 12/2011
11/2016
0.34$ -13.42 0.48$ 2.97 1.15$ 9.94 1.60$ 18.98 08/2015
07/2020
2.38$ 9.78 46.34%
7Y -15.92 09/2011
08/2018
0.29$ -9.64 0.49$ 1.93 1.14$ 6.23 1.52$ 9.80 01/2017
12/2023
1.92$ 6.86 44.44%
10Y -7.00 10/2012
09/2022
0.48$ -4.42 0.63$ 0.25 1.02$ 2.22 1.24$ 4.47 01/2014
12/2023
1.54$ 2.22 47.62%
15Y 3.78 03/2009
02/2024
1.74$ 3.78 1.74$ 3.88 1.76$ 4.80 2.02$ 4.80 01/2009
12/2023
2.02$ 3.78 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -52.37 01/2013
12/2013
0.47$ -22.68 0.77$ 0.22 1.00$ 40.95 1.40$ 93.70 09/2010
08/2011
1.93$ 9.81 48.54%
2Y -36.21 11/2012
10/2014
0.40$ -23.45 0.58$ -0.45 0.99$ 28.10 1.64$ 75.76 09/2009
08/2011
3.08$ -6.45 52.20%
3Y -31.22 12/2012
11/2015
0.32$ -19.36 0.52$ -2.04 0.94$ 16.62 1.58$ 38.22 05/2009
04/2012
2.64$ -1.73 58.50%
5Y -20.14 12/2011
11/2016
0.32$ -14.56 0.45$ -0.29 0.98$ 7.14 1.41$ 17.05 08/2015
07/2020
2.19$ 5.46 50.41%
7Y -17.20 09/2011
08/2018
0.26$ -11.05 0.44$ 0.21 1.01$ 3.77 1.29$ 6.08 01/2017
12/2023
1.51$ 3.28 49.49%
10Y -9.28 10/2012
09/2022
0.37$ -6.68 0.50$ -2.07 0.81$ 0.25 1.02$ 2.61 08/2010
07/2020
1.29$ -0.54 82.54%
15Y 1.21 03/2009
02/2024
1.19$ 1.21 1.19$ 1.28 1.21$ 2.19 1.38$ 2.19 01/2009
12/2023
1.38$ 1.21 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the ProShares Ultra Gold (UGL) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in ProShares Ultra Gold (UGL) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.04
40%
-2.59
40%
2.16
40%
2.85
60%
2.50
60%
-0.16
40%
4.31
60%
0.59
20%
-7.73
0%
3.25
60%
0.30
40%
6.83
100%
Best 11.1
2023
12.4
2022
15.3
2023
12.9
2020
15.7
2021
16.2
2019
18.6
2020
15.6
2019
-6.1
2022
14.5
2023
17.0
2022
14.1
2020
Worst -7.1
2021
-12.8
2021
-3.6
2019
-4.7
2022
-7.1
2022
-14.1
2021
-5.4
2022
-6.4
2022
-10.0
2023
-4.2
2022
-11.3
2020
1.7
2023
Monthly Seasonality over the period Feb 2009 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
5.53
70%
-0.23
40%
-0.20
30%
2.54
60%
-0.83
40%
1.44
40%
0.50
50%
0.77
40%
-6.22
10%
0.98
50%
-2.81
40%
4.52
80%
Best 17.5
2015
22.5
2016
15.3
2023
12.9
2020
15.7
2021
18.2
2016
18.6
2020
15.6
2019
0.8
2016
14.5
2023
17.0
2022
14.1
2020
Worst -7.1
2021
-12.8
2021
-6.4
2014
-4.7
2022
-12.3
2016
-14.1
2021
-13.0
2015
-6.6
2016
-12.0
2014
-6.5
2014
-16.3
2016
-4.0
2016
Monthly Seasonality over the period Feb 2009 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
4.89
63%
0.83
50%
-0.49
33%
2.08
53%
-0.72
40%
-0.95
40%
2.07
60%
4.26
53%
-4.23
27%
1.84
53%
-0.48
47%
0.10
60%
Best 23.2
2012
22.5
2016
15.3
2023
18.3
2011
20.8
2009
18.2
2016
18.6
2020
24.5
2011
11.6
2009
14.5
2023
26.8
2009
14.1
2020
Worst -12.6
2011
-12.8
2021
-6.4
2014
-15.8
2013
-12.6
2012
-21.3
2013
-13.0
2015
-6.6
2016
-22.0
2011
-6.5
2014
-16.3
2016
-20.9
2011
Monthly Seasonality over the period Feb 2009 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the ProShares Ultra Gold (UGL) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

PROSHARES ULTRA GOLD (UGL) ETF
Monthly Returns Distribution
Data Source: 1 March 2014 - 29 February 2024 (10 Years)
Data Source: 1 January 2009 - 29 February 2024 (~15 years)
55 Positive Months (46%) - 65 Negative Months (54%)
88 Positive Months (48%) - 94 Negative Months (52%)
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(Scroll down to see all data)
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