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GLLProShares UltraShort Gold

Take a bet17y track recordRanked #123 of 995 in this goal

Seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of its corresponding benchmark.

By ProShares · Launched 2008

Annual Cost

1.26%

#5,689 of 6,040 · expensive

Fund Size

$92M

#3,179 of 6,040 · mid-size

Return (1Y)

-37.1%

Track Record

17 years

#637 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$6,834-31.7%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Commodity

Strategy

Inverse

Focus

Gold

Index tracked

Bloomberg Gold Subindex

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

ProShares GENIUS Money Market ETFIQMM
205.3%

Asset allocation

Cash
753.7%
Stocks
15.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
57.9%High

Year-on-year price swings

Max drawdown
-95.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-1.18Below average
Sortino (3Y)
-1.68Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of its corresponding benchmark.
Strategy
Uses a mathematical approach to invest in Financial Instruments to achieve daily investment results that correspond to two times the inverse (-2x) of the daily performance of gold. The Fund is not actively managed by traditional methods and seeks to remain fully invested at all times.
Inception date
December 1, 2008
Fund family
ProShares

Next steps

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Data updated on 2026-09-18