BOIL vs. LNG
Compare and contrast key facts about ProShares Ultra Bloomberg Natural Gas (BOIL) and Cheniere Energy, Inc. (LNG).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOIL or LNG.
Performance
BOIL vs. LNG - Performance Comparison
Returns By Period
In the year-to-date period, BOIL achieves a -63.87% return, which is significantly lower than LNG's 33.17% return. Over the past 10 years, BOIL has underperformed LNG with an annualized return of -61.47%, while LNG has yielded a comparatively higher 12.29% annualized return.
BOIL
-63.87%
20.47%
-51.96%
-75.96%
-66.96%
-61.47%
LNG
33.17%
23.66%
43.91%
27.87%
30.85%
12.29%
Key characteristics
| BOIL | LNG | |
|---|---|---|
| Sharpe Ratio | -0.76 | 1.46 |
| Sortino Ratio | -1.26 | 2.17 |
| Omega Ratio | 0.87 | 1.26 |
| Calmar Ratio | -0.75 | 1.84 |
| Martin Ratio | -1.17 | 3.30 |
| Ulcer Index | 64.49% | 8.83% |
| Daily Std Dev | 99.19% | 20.00% |
| Max Drawdown | -100.00% | -97.84% |
| Current Drawdown | -99.99% | 0.00% |
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Correlation
The correlation between BOIL and LNG is 0.10, 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.
Risk-Adjusted Performance
BOIL vs. LNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Bloomberg Natural Gas (BOIL) and Cheniere Energy, Inc. (LNG). 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.
Dividends
BOIL vs. LNG - Dividend Comparison
BOIL has not paid dividends to shareholders, while LNG's dividend yield for the trailing twelve months is around 0.80%.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BOIL ProShares Ultra Bloomberg Natural Gas | 0.00% | 0.00% | 0.00% | 0.00% |
LNG Cheniere Energy, Inc. | 0.80% | 0.95% | 0.92% | 0.33% |
Drawdowns
BOIL vs. LNG - Drawdown Comparison
The maximum BOIL drawdown since its inception was -100.00%, roughly equal to the maximum LNG drawdown of -97.84%. Use the drawdown chart below to compare losses from any high point for BOIL and LNG. For additional features, visit the drawdowns tool.
Volatility
BOIL vs. LNG - Volatility Comparison
ProShares Ultra Bloomberg Natural Gas (BOIL) has a higher volatility of 33.22% compared to Cheniere Energy, Inc. (LNG) at 8.52%. This indicates that BOIL's price experiences larger fluctuations and is considered to be riskier than LNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.