Ultra Gold Miners - GDXX Ultra Gold Miners

ProShares Ultra Gold Miners seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NYSE Arca Gold Miners Index.

  • Considerations for Geared Investing – Learn More

Important Notice: This Fund is Closed
— For more information, please read our press release.

Index/Benchmark Summary

The NYSE Arca Gold Miners Index is a modified market-capitalization weighted index primarily composed of publicly traded companies involved in the mining for gold and silver. The weight of companies whose revenues are more significantly exposed to silver mining will not exceed 20% of the index at the time of the index's rebalance.

Fundamentals as of 6/28/19

Total Number of Companies 44
Price/Earnings Ratio 39.13
Price/Book Ratio 1.79
Dividend Yield *(%) 0.89
Average Index Market Capitalization $10.86 billion

* Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Index Holdings Information as of 6/28/19

Top 10 Index Companies Weight
Newmont Mining Corp. 11.92%
Barrick Gold Corp. 10.44%
Newcrest Mining Ltd. 6.52%
Franco-Nevada Corp. 6.01%
Agnico Eagle Mines Ltd. 5.04%
Wheaton Precious Metals Corp. 4.79%
Kirkland Lake Gold Ltd. 4.62%
AngloGold Ashanti Ltd. 4.36%
Royal Gold Inc. 3.97%
Northern Star Resources Ltd. 3.10%

ProShares may invest in financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund's benchmark.

Index Holdings as of 6/28/19

Index Country Weightings § Weight
Canada 48.24%
United States 17.91%
Australia 17.29%
South Africa 7.73%
Peru 2.71%
China 2.07%
Brazil 1.41%
Ivory Coast 1.04%
Egypt 1.00%
Russia 0.56%

§ Sum of weightings may not equal 100% due to rounding.