BOIL Alternatives & Similar ETFs

ProShares Ultra Bloomberg Natural Gas (BOIL) belongs to the Oil & Gas category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BOIL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to BOIL

BOIL charges 1.31% annually. There are 13 ETFs in the Oil & Gas category with lower expense ratios, going as low as 0.68%.

Symbol	Name	Expense Ratio	AUM	Inception
OILK	ProShares K-1 Free Crude Oil Strategy ETF	0.68%	200.43M	Sep 2016	BOIL vs OILK
UGA	United States Gasoline Fund LP	0.75%	118.98M	Feb 2008	BOIL vs UGA
DBE	Invesco DB Energy Fund	0.78%	85.45M	Jan 2007	BOIL vs DBE
DBO	Invesco DB Oil Fund	0.78%	215.47M	Jan 2007	BOIL vs DBO
USOI	Credit Suisse X-Links Crude Oil Shares Covered Cal...	0.85%	250.20M	Apr 2017	BOIL vs USOI

Best Risk-Adjusted Alternatives to BOIL

BOIL has a PortfoliosLab risk / return rank of 3. There are 11 ETFs in the Oil & Gas category with higher risk-adjusted ranks, going as high as 78.

Symbol	Name	Risk / Return Rank	AUM	Inception
UGA	United States Gasoline Fund LP	78	118.98M	Feb 2008	BOIL vs UGA
DBE	Invesco DB Energy Fund	53	85.45M	Jan 2007	BOIL vs DBE
DBO	Invesco DB Oil Fund	43	215.47M	Jan 2007	BOIL vs DBO
USO	United States Oil Fund LP	41	1.92B	Apr 2006	BOIL vs USO
BNO	United States Brent Oil Fund LP	39	883.37M	Jun 2010	BOIL vs BNO

Top Performing BOIL Alternatives (YTD)

BOIL is at -52.27% YTD. There are 12 ETFs in the Oil & Gas category with higher YTD returns, going as high as 100.52%.

Symbol	Name	YTD Return	AUM	Inception
UCO	ProShares Ultra Bloomberg Crude Oil	100.52%	361.56M	Nov 2008	BOIL vs UCO
UGA	United States Gasoline Fund LP	81.31%	118.98M	Feb 2008	BOIL vs UGA
USO	United States Oil Fund LP	70.32%	1.92B	Apr 2006	BOIL vs USO
DBE	Invesco DB Energy Fund	66.08%	85.45M	Jan 2007	BOIL vs DBE
BNO	United States Brent Oil Fund LP	62.43%	883.37M	Jun 2010	BOIL vs BNO

Lowest Volatility Alternatives to BOIL

BOIL has 112.18% 1-year volatility. There are 13 ETFs in the Oil & Gas category with lower 1-year volatility, going as low as 24.99%.

Symbol	Name	Volatility 1Y	AUM	Inception
USOI	Credit Suisse X-Links Crude Oil Shares Covered Cal...	24.99%	250.20M	Apr 2017	BOIL vs USOI
USL	United States 12 Month Oil Fund LP	29.27%	39.62M	Dec 2007	BOIL vs USL
OILK	ProShares K-1 Free Crude Oil Strategy ETF	29.40%	200.43M	Sep 2016	BOIL vs OILK
UNL	United States 12 Month Natural Gas Fund LP	35.19%	10.81M	Nov 2009	BOIL vs UNL
UGA	United States Gasoline Fund LP	35.78%	118.98M	Feb 2008	BOIL vs UGA

Lowest Drawdown Alternatives to BOIL

BOIL has a 1-year max drawdown of -77.83%. There are 13 ETFs in the Oil & Gas category with shallower 1-year drawdowns, going as shallow as -20.32%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
UGA	United States Gasoline Fund LP	-20.32%	118.98M	Feb 2008	BOIL vs UGA
USL	United States 12 Month Oil Fund LP	-20.91%	39.62M	Dec 2007	BOIL vs USL
OILK	ProShares K-1 Free Crude Oil Strategy ETF	-21.19%	200.43M	Sep 2016	BOIL vs OILK
USOI	Credit Suisse X-Links Crude Oil Shares Covered Cal...	-23.54%	250.20M	Apr 2017	BOIL vs USOI
DBE	Invesco DB Energy Fund	-24.72%	85.45M	Jan 2007	BOIL vs DBE

Other ETFs from ProShares

The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TQQQ	ProShares UltraPro QQQ	Leveraged Equities	48	38.33%	37.04B	Feb 2010	BOIL vs TQQQ
QLD	ProShares Ultra QQQ	Leveraged Equities	50	28.12%	14.15B	Jun 2006	BOIL vs QLD
BITO	ProShares Bitcoin Strategy ETF	Cryptocurrency	1	-30.09%	1.45B	Oct 2021	BOIL vs BITO
UPRO	ProShares UltraPro S&P 500	Leveraged Equities, S&P 500	52	23.85%	5.47B	Jun 2009	BOIL vs UPRO
SSO	ProShares Ultra S&P500	Leveraged Equities, S&P 500	54	17.32%	8.13B	Jun 2006	BOIL vs SSO
USD	ProShares Ultra Semiconductors	Leveraged Equities, Semiconductors	70	70.32%	2.97B	Jan 2007	BOIL vs USD
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	Dividend, S&P 500, Large Cap Value Equities	37	10.60%	11.63B	Oct 2013	BOIL vs NOBL
SQQQ	ProShares UltraPro Short QQQ	Leveraged Equities, Inverse Equities, Nasdaq-100	1	-40.27%	2.09B	Feb 2010	BOIL vs SQQQ
IQQQ	ProShares Nasdaq-100 High Income ETF	Nasdaq-100, Derivative Income, Dividend	54	13.67%	410.75M	Mar 2024	BOIL vs IQQQ
UVXY	ProShares Ultra VIX Short-Term Futures ETF	Volatility	2	-32.31%	216.19M	Oct 2011	BOIL vs UVXY

Often Compared With BOIL

Investors most often compare BOIL with KOLD, UNG, LNG. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
KOLD	ProShares UltraShort Bloomberg Natural Gas	Oil & Gas, Inverse Commodities, Leveraged Commodities	14	-20.67%	125.11M	Oct 2011	BOIL vs KOLD
UNG	United States Natural Gas Fund LP	Oil & Gas	4	-15.42%	590.73M	Apr 2007	BOIL vs UNG
LNG	Cheniere Energy, Inc.		58	36.12%	—	—	BOIL vs LNG
SCO	ProShares UltraShort Bloomberg Crude Oil	Oil & Gas, Leveraged Commodities	2	-62.90%	725.38M	Nov 2008	BOIL vs SCO
ERX	Direxion Daily Energy Bull 2X Shares	Leveraged Equities	44	56.45%	211.15M	Apr 2020	BOIL vs ERX
^DJUSEN	Dow Jones U.S. Oil & Gas Index		—	—	—	—	BOIL vs ^DJUSEN
CVNA	Carvana Co.		41	-23.00%	—	—	BOIL vs CVNA
SPY	State Street SPDR S&P 500 ETF	S&P 500	66	10.45%	783.21B	Jan 1993	BOIL vs SPY
DRIP	Direxion Daily S&P Oil & Gas Exploration & Product...	Leveraged Equities	3	-48.08%	116.06M	May 2015	BOIL vs DRIP
^XNG	NYSE Arca Natural Gas Index		44	19.38%	—	—	BOIL vs ^XNG
HIBL	Direxion Daily S&P 500 High Beta Bull 3X Shares	Leveraged Equities, S&P 500	70	62.78%	94.34M	Nov 2019	BOIL vs HIBL
NGAS.L	WisdomTree Natural Gas ETF	Oil & Gas	3	-21.41%	111.36M	Sep 2006	BOIL vs NGAS.L
FNGD	MicroSectors FANG+™ Index -3X Inverse Leveraged ET...	Leveraged Equities	3	-35.56%	44.43M	Jan 2018	BOIL vs FNGD
NRGD	MicroSectors U.S. Big Oil Index -3X Inverse Levera...	Leveraged Equities	1	-71.23%	25.11M	Apr 2019	BOIL vs NRGD
SOCL	Global X Social Media ETF	Large Cap Growth Equities	5	-16.34%	92.48M	Nov 2011	BOIL vs SOCL
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	Inverse Equities	1	-58.15%	18.94M	Nov 2019	BOIL vs HIBS
AESI	Atlas Energy Solutions Inc		48	56.79%	—	—	BOIL vs AESI
NKTR	Nektar Therapeutics		90	61.59%	—	—	BOIL vs NKTR
^GSPC	S&P 500 Index		71	9.79%	—	—	BOIL vs ^GSPC
FCG	First Trust Natural Gas ETF	Energy Equities	23	19.07%	580.14M	May 2007	BOIL vs FCG

Compare BOIL with Any Fund or Stock

Compare BOIL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair BOIL with funds that move differently

ProShares Ultra Bloomberg Natural Gas alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BOIL.

Explore BOIL Diversifiers

ProShares Ultra Bloomberg Natural Gas (BOIL) Alternatives