ProFunds Group launched the first exchange traded funds in the United States to provide short or leveraged exposure to gold or silver. The four new ETFs began trading on the NYSE Arca on December 3. They join a line-up of four other Commodities ProShares that launched last week.
ProShares | Ticker | Index/Benchmark | Daily Objective* | |||
Ultra Gold | UGL | Gold Bullion price, London p.m. fix | 200% | |||
UltraShort Gold | GLL | Gold Bullion price, London p.m. fix | -200% | |||
Ultra Silver | AGQ | Silver bullion price, London fix | 200% | |||
UltraShort Silver | ZSL | Silver bullion price, London fix | -200% |
For a complete listing, see the ProShares ETF Directory.