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BOIL vs. KOLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BOILKOLD
YTD Return-56.22%67.98%
1Y Return-82.26%112.87%
3Y Return (Ann)-69.37%-40.73%
5Y Return (Ann)-68.69%-18.53%
10Y Return (Ann)-61.90%-5.30%
Sharpe Ratio-0.851.29
Daily Std Dev97.93%98.75%
Max Drawdown-100.00%-99.45%
Current Drawdown-100.00%-90.62%

Correlation

-1.00
-1.001.00

The correlation between BOIL and KOLD is -1.00. 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.

Performance

BOIL vs. KOLD - Performance Comparison

In the year-to-date period, BOIL achieves a -56.22% return, which is significantly lower than KOLD's 67.98% return. Over the past 10 years, BOIL has underperformed KOLD with an annualized return of -61.90%, while KOLD has yielded a comparatively higher -5.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%OctoberNovemberDecember2024FebruaryMarch
-100.00%
-55.50%
BOIL
KOLD

Compare stocks, funds, or ETFs


ProShares Ultra Bloomberg Natural Gas

ProShares UltraShort Bloomberg Natural Gas

BOIL vs. KOLD - Expense Ratio Comparison

BOIL has a 1.31% expense ratio, which is higher than KOLD's 0.95% expense ratio.

BOIL
ProShares Ultra Bloomberg Natural Gas
0.50%1.00%1.50%2.00%1.31%
0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

BOIL vs. KOLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Bloomberg Natural Gas (BOIL) and ProShares UltraShort Bloomberg Natural Gas (KOLD). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BOIL
ProShares Ultra Bloomberg Natural Gas
-0.85
KOLD
ProShares UltraShort Bloomberg Natural Gas
1.29

BOIL vs. KOLD - Sharpe Ratio Comparison

The current BOIL Sharpe Ratio is -0.85, which is lower than the KOLD Sharpe Ratio of 1.29. The chart below compares the 12-month rolling Sharpe Ratio of BOIL and KOLD.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.006.00OctoberNovemberDecember2024FebruaryMarch
-0.85
1.29
BOIL
KOLD

Dividends

BOIL vs. KOLD - Dividend Comparison

Neither BOIL nor KOLD has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BOIL vs. KOLD - Drawdown Comparison

The maximum BOIL drawdown since its inception was -100.00%, roughly equal to the maximum KOLD drawdown of -99.45%. The drawdown chart below compares losses from any high point along the way for BOIL and KOLD


-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%OctoberNovemberDecember2024FebruaryMarch
-100.00%
-90.62%
BOIL
KOLD

Volatility

BOIL vs. KOLD - Volatility Comparison

ProShares Ultra Bloomberg Natural Gas (BOIL) and ProShares UltraShort Bloomberg Natural Gas (KOLD) have volatilities of 25.84% and 26.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%35.00%40.00%OctoberNovemberDecember2024FebruaryMarch
25.84%
26.12%
BOIL
KOLD