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ProShares UltraShort Gold Stock Quote & Summary Data

(ETF)
GLL 
$97.27
*  
0.9667
0.98%
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*Delayed - data as of Oct. 1, 2014  -  Find a broker to begin trading GLL now


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Description

ProShares UltraShort Gold seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of gold bullion as measured by the U.S. Dollar fixing price for delivery in London. The Fund does not directly or physically hold the underlying gold, but instead, seeks exposure to gold through the use of Financial Instruments (primarily exchange-traded futures contracts and over-the-counter forward contracts) whose value is based on the underlying price of gold to pursue their investment objective. The benchmark price of gold is the U.S. Dollar price of gold bullion as measured by the London afternoon fixing price per troy ounce of unallocated gold bullion for delivery in London through a member of the London Bullion Market Association.


Underlying Index London PM Gold Fix
Management Fee 0.95
Asset Class Commodity
Leverage -2

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