FundNYSEARCACommodities (Gold)

ProShares UltraShort Gold

GLL NYSE Arca

ProShares UltraShort Gold 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℠.This fund is not an investment company regulated under the Investment Company Act of 1940 and is not afforded i...

24.84USD
−4.44 (−15.16%) 1 Year · close Oct 12

Hover to inspectDrag to measure a move← → to step through days

Fund size
15.8M
as of Feb 2020
Expense ratio
1.67%
per year
Dividend yield
0.00%
Trailing 12 months
Volatility · 1Y
57.8%
High Risk
Beta
-0.48
vs the market
52-week range
16.0131.34
01 Performance

How GLL has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 12
Subpar performance Select a period to update every chart on the page.

Total return vs price return

Price only
0.0 pts
-40%-20%0% GLL −15.2% Price −15.2%

Over 1 year, GLL returned −15.2% with dividends reinvested — dividends added 0.0 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
57.8%High Risk

A typical year sees the price swing about ±58% around its trend.

Drawdown from peak

How far below its previous high the price has been
−48.9%
0%-28%−48.9%

Deepest fall −48.9% on Mar 2, 2026 — 118 days after the previous high
More than 5% below a high 93% of the time.

Market sensitivity

Beta
Market moves+10.0%
GLL tends to move−4.8%

A beta of -0.48 means GLL has moved less than the market.

Sharpe ratio -0.48 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
24.84
  • 12-day average24.67 +0.7%
  • 26-day average24.08 +3.2%
  • 50-day average23.76 +4.5%
  • 200-day average25.25 −1.6%

The price is above 3 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Neutral
OversoldOverbought64.6

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

Commodities (Gold) · Commodity Pools (Inverse) — tracking the Bloomberg Gold Subindex℠.

  • Assets under management15.8MUSD
  • Expense ratio1.67%per year
  • Holdings13
  • Risk score7.9High

Launched December 2008. Listed options available. Fund data as of Feb 27, 2020.

05 Themes

Where GLL shows up

Curated themes and indices that hold GLL. Open one to see it in context, or test the whole theme in a portfolio.

06 Profile

About ProShares UltraShort Gold

ProShares UltraShort Gold 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℠.This fund is not an investment company regulated under the Investment Company Act of 1940 and is not afforded its protections. Please read the prospectus carefully before investing. This short ProShares ETF seeks a return that is -2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next

  • Featured in 1 curated theme
  • 13 holdings
Ticker
GLL
Exchange
NYSE Arca
ISIN
US74347W3951
CUSIP
74347W395
Currency
U.S. Dollar (USD)
Country
USA
Sector
Commodities (Gold)
Industry
Commodity Pools (Inverse)
Benchmark
Bloomberg Gold Subindex℠
All key statistics

Details

NameProShares UltraShort Gold
TickerGLL
ISINUS74347W3951
CUSIP74347W395
ExchangeNYSEARCA
CategoryCommodities (Gold)
Sub CategoryCommodity Pools (Inverse)
CountryUSA
CurrencyU.S. Dollar
Inception DateDec 1, 2008
BenchmarkBloomberg Gold Subindex℠

Shareas of Oct 12, 2026

Close Price USD24.84
52W Low / High 16.01 / 31.34
1Y Total Return-15.16%
Subpar
1Y Volatility57.37%
High Risk
Beta-0.48
12M Dividends0.000
Last Dividend Date-
Dist. Frequency-
Dividend Yield0.00%

Dataas of Feb 27, 2020

AUM16 M
Discount/Premium0.416%
NAV45.67
Shares Outstanding347 K
Volume 20D Avg33 K
Nbr of Holdings13
Risk RankHigh
Net Expense1.670%
Options availableYes
Next step

Put GLL to the test

See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.

Test GLL in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.