ProShares UltraShort Gold (GLL) Price & Chart
GLL ETF Chart & Stats
- Day’s Range
- $26.18 - $26.77
- 52-Week Range
- $15.60 - $31.62
- Previous Close
- $26.86
- Volume
- 2.49M
- Average Volume (3M)
- 2.89M
- AUM
- 104.08M
- NAV
- 26.72
- Expense Ratio
- 0.95%
- Holdings Count
- 2
- Beta
- -0.45
- Inception Date
- Dec 01, 2008
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 3,736,630
- Standard Deviation
- N/A
ETF Overview
ProShares UltraShort Gold
ProShares UltraShort Gold (Ticker: GLL) is a sophisticated financial instrument designed for investors seeking leveraged exposure to movements in gold prices. This Exchange Traded Fund (ETF) falls under the Precious Metals category, with a specific focus on gold, making it an attractive choice for those looking to capitalize on short-term price fluctuations in this valuable commodity. As a front-month niche product, GLL targets the most actively traded gold contracts, offering investors the potential for amplified returns by aiming to deliver twice the inverse of the daily performance of gold bullion. This makes it particularly appealing for those with a strong conviction about declining gold prices or for those looking to hedge against gold exposure in their broader investment portfolio. However, given its leveraged nature, GLL is best suited for experienced investors who are comfortable with the risks associated with short-term trading and are looking to tactically manage their gold market positions.