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.
Key characteristics
| BOIL | LNG | |
|---|---|---|
| YTD Return | -52.64% | -7.79% |
| 1Y Return | -80.53% | 6.09% |
| 3Y Return (Ann) | -69.09% | 29.54% |
| 5Y Return (Ann) | -67.55% | 19.81% |
| 10Y Return (Ann) | -61.82% | 11.13% |
| Sharpe Ratio | -0.85 | 0.18 |
| Daily Std Dev | 95.54% | 21.69% |
| Max Drawdown | -100.00% | -99.17% |
| Current Drawdown | -100.00% | -13.58% |
Correlation
The correlation between BOIL and LNG is 0.09, 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.
Performance
BOIL vs. LNG - Performance Comparison
In the year-to-date period, BOIL achieves a -52.64% return, which is significantly lower than LNG's -7.79% return. Over the past 10 years, BOIL has underperformed LNG with an annualized return of -61.82%, while LNG has yielded a comparatively higher 11.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 1.05%.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BOIL ProShares Ultra Bloomberg Natural Gas | 0.00% | 0.00% | 0.00% | 0.00% |
LNG Cheniere Energy, Inc. | 1.05% | 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 -99.17%. 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 24.64% compared to Cheniere Energy, Inc. (LNG) at 5.05%. 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.