ProShares Ultra Gold (NYSE:UGL) has outperformed the market over the past 5 years by 22.95% on an annualized basis producing an average annual return of 35.01%. Currently, ProShares Ultra Gold has a market capitalization of $1.38 billion.
Buying $100 In UGL: If an investor had bought $100 of UGL stock 5 years ago, it would be worth $451.15 today based on a price of $73.61 for UGL at the time of writing.
ProShares Ultra Gold’s Performance Over Last 5 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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