^XNG vs. BOIL

In the year-to-date period, ^XNG achieves a 7.16% return, which is significantly higher than BOIL's -21.89% return. Over the past 10 years, ^XNG has outperformed BOIL with an annualized return of 0.34%, while BOIL has yielded a comparatively lower -57.47% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for NYSE Arca Natural Gas Index (^XNG) and ProShares Ultra Bloomberg Natural Gas (BOIL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current ^XNG Sharpe Ratio is 0.79, which is higher than the BOIL Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of ^XNG and BOIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The correlation between ^XNG and BOIL is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

The maximum ^XNG drawdown since its inception was -84.52%, smaller than the maximum BOIL drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for ^XNG and BOIL.

The current volatility for NYSE Arca Natural Gas Index (^XNG) is 3.51%, while ProShares Ultra Bloomberg Natural Gas (BOIL) has a volatility of 29.02%. This indicates that ^XNG experiences smaller price fluctuations and is considered to be less risky than BOIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.