UltraShort Gold - GLL UltraShort Gold

ProShares UltraShort Gold seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Gold SubindexSM.

This fund is not an investment company regulated under the Investment Company Act of 1940 and is not afforded its protections. Please read the prospectus carefully before investing.

This short ProShares ETF seeks a return that is -2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. For more on risks, please read the prospectus.

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Important Notice Regarding Benchmark Change
— For more information please read the Press Release.

Fund Snapshot

Ticker GLL
Intraday Ticker GLL.IV
CUSIP 74347W395
Inception Date 12/1/08
Expense Ratio * 0.95%
NAV Calculation Time 1:30 p.m. ET
Distributions Quarterly

* Does not include brokerage commissions and related fees paid by the fund.

Monthly Account Statements

Price Information as of 1/15/19

NAV $72.48
NAV Change $0.35
Market Price Closing $72.44
Market Price Closing Change $0.35
Daily Trading Volume 36,765

Performance

GLL Performance Chart

Chart data from Thomson Reuters. Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded. Data is delayed at least 15 minutes.