BOIL vs. FNGD
Compare and contrast key facts about ProShares Ultra Bloomberg Natural Gas (BOIL) and MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD).
BOIL and FNGD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BOIL is a passively managed fund by ProShares that tracks the performance of the Dow Jones-UBS Natural Gas Subindex (200%). It was launched on Oct 4, 2011. FNGD is a passively managed fund by BMO that tracks the performance of the NYSE FANG+ Index (-300%). It was launched on Jan 22, 2018. Both BOIL and FNGD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BOIL vs. FNGD - Performance Comparison
Loading graphics...
BOIL vs. FNGD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BOIL ProShares Ultra Bloomberg Natural Gas | -33.36% | -58.98% | -60.75% | -92.00% | -31.85% | 23.84% | -74.74% | -67.70% | -28.67% |
FNGD MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | 33.64% | -61.42% | -76.57% | -90.14% | 52.21% | -60.04% | -95.60% | -72.46% | -13.73% |
Returns By Period
In the year-to-date period, BOIL achieves a -33.36% return, which is significantly lower than FNGD's 33.64% return.
BOIL
- 1D
- -5.33%
- 1M
- -14.17%
- YTD
- -33.36%
- 6M
- -52.97%
- 1Y
- -80.61%
- 3Y*
- -65.17%
- 5Y*
- -62.88%
- 10Y*
- -55.80%
FNGD
- 1D
- -4.70%
- 1M
- 8.14%
- YTD
- 33.64%
- 6M
- 37.83%
- 1Y
- -59.80%
- 3Y*
- -66.39%
- 5Y*
- -60.34%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BOIL vs. FNGD - Expense Ratio Comparison
BOIL has a 1.31% expense ratio, which is higher than FNGD's 0.95% expense ratio.
Return for Risk
BOIL vs. FNGD — Risk / Return Rank
BOIL
FNGD
BOIL vs. FNGD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Bloomberg Natural Gas (BOIL) and MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD). 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.
| BOIL | FNGD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.67 | -0.76 | +0.09 |
Sortino ratioReturn per unit of downside risk | -0.97 | -0.94 | -0.03 |
Omega ratioGain probability vs. loss probability | 0.88 | 0.87 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | -1.00 | -0.74 | -0.26 |
Martin ratioReturn relative to average drawdown | -1.35 | -0.85 | -0.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BOIL | FNGD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.67 | -0.76 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.53 | -0.68 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.61 | -0.75 | +0.14 |
Correlation
The correlation between BOIL and FNGD is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
BOIL vs. FNGD - Dividend Comparison
Neither BOIL nor FNGD has paid dividends to shareholders.
Drawdowns
BOIL vs. FNGD - Drawdown Comparison
The maximum BOIL drawdown since its inception was -100.00%, roughly equal to the maximum FNGD drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for BOIL and FNGD.
Loading graphics...
Drawdown Indicators
| BOIL | FNGD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -100.00% | 0.00% |
Max Drawdown (1Y)Largest decline over 1 year | -82.08% | -82.53% | +0.45% |
Max Drawdown (5Y)Largest decline over 5 years | -99.88% | -99.53% | -0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -99.98% | — | — |
Current DrawdownCurrent decline from peak | -100.00% | -99.99% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -93.51% | -86.98% | -6.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 60.88% | 71.98% | -11.10% |
Volatility
BOIL vs. FNGD - Volatility Comparison
ProShares Ultra Bloomberg Natural Gas (BOIL) has a higher volatility of 29.37% compared to MicroSectors FANG+™ Index -3X Inverse Leveraged ETN (FNGD) at 25.08%. This indicates that BOIL's price experiences larger fluctuations and is considered to be riskier than FNGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BOIL | FNGD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.37% | 25.08% | +4.29% |
Volatility (6M)Calculated over the trailing 6-month period | 109.37% | 45.50% | +63.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 120.58% | 78.77% | +41.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 118.63% | 88.87% | +29.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 101.93% | 91.50% | +10.43% |