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

Correlation

The correlation between BOIL and UNG is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 1.0

Performance

BOIL vs. UNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Bloomberg Natural Gas (BOIL) and United States Natural Gas Fund LP (UNG). The values are adjusted to include any dividend payments, if applicable.

-100.00%-99.00%-98.00%-97.00%-96.00%NovemberDecember2025FebruaryMarchApril
-99.99%
-96.27%
BOIL
UNG

Key characteristics

Sharpe Ratio

BOIL:

0.13

UNG:

0.61

Sortino Ratio

BOIL:

0.95

UNG:

1.24

Omega Ratio

BOIL:

1.11

UNG:

1.14

Calmar Ratio

BOIL:

0.14

UNG:

0.37

Martin Ratio

BOIL:

0.29

UNG:

1.46

Ulcer Index

BOIL:

46.95%

UNG:

25.18%

Daily Std Dev

BOIL:

104.00%

UNG:

60.30%

Max Drawdown

BOIL:

-100.00%

UNG:

-99.85%

Current Drawdown

BOIL:

-99.99%

UNG:

-99.74%

Returns By Period

In the year-to-date period, BOIL achieves a 45.61% return, which is significantly higher than UNG's 25.22% return. Over the past 10 years, BOIL has underperformed UNG with an annualized return of -55.10%, while UNG has yielded a comparatively higher -20.87% annualized return.


BOIL

YTD

45.61%

1M

-9.77%

6M

39.18%

1Y

12.50%

5Y*

-54.67%

10Y*

-55.10%

UNG

YTD

25.22%

1M

-4.10%

6M

28.28%

1Y

35.98%

5Y*

-15.91%

10Y*

-20.87%

*Annualized

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. UNG - Expense Ratio Comparison

BOIL has a 1.31% expense ratio, which is higher than UNG's 1.28% expense ratio.


BOIL
ProShares Ultra Bloomberg Natural Gas
Expense ratio chart for BOIL: current value is 1.31%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BOIL: 1.31%
Expense ratio chart for UNG: current value is 1.28%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
UNG: 1.28%

Risk-Adjusted Performance

BOIL vs. UNG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BOIL
The Risk-Adjusted Performance Rank of BOIL is 3737
Overall Rank
The Sharpe Ratio Rank of BOIL is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of BOIL is 5959
Sortino Ratio Rank
The Omega Ratio Rank of BOIL is 5151
Omega Ratio Rank
The Calmar Ratio Rank of BOIL is 2828
Calmar Ratio Rank
The Martin Ratio Rank of BOIL is 2424
Martin Ratio Rank

UNG
The Risk-Adjusted Performance Rank of UNG is 5555
Overall Rank
The Sharpe Ratio Rank of UNG is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of UNG is 7070
Sortino Ratio Rank
The Omega Ratio Rank of UNG is 6464
Omega Ratio Rank
The Calmar Ratio Rank of UNG is 4141
Calmar Ratio Rank
The Martin Ratio Rank of UNG is 4242
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BOIL vs. UNG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Bloomberg Natural Gas (BOIL) and United States Natural Gas Fund LP (UNG). 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 ratio
The chart of Sharpe ratio for BOIL, currently valued at 0.13, compared to the broader market0.002.004.00
BOIL: 0.13
UNG: 0.61
The chart of Sortino ratio for BOIL, currently valued at 0.95, compared to the broader market-2.000.002.004.006.008.0010.0012.00
BOIL: 0.95
UNG: 1.24
The chart of Omega ratio for BOIL, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.00
BOIL: 1.11
UNG: 1.14
The chart of Calmar ratio for BOIL, currently valued at 0.14, compared to the broader market0.005.0010.0015.00
BOIL: 0.14
UNG: 0.38
The chart of Martin ratio for BOIL, currently valued at 0.29, compared to the broader market0.0020.0040.0060.0080.00100.00
BOIL: 0.29
UNG: 1.46

The current BOIL Sharpe Ratio is 0.13, which is lower than the UNG Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of BOIL and UNG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
0.13
0.61
BOIL
UNG

Dividends

BOIL vs. UNG - Dividend Comparison

Neither BOIL nor UNG has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BOIL vs. UNG - Drawdown Comparison

The maximum BOIL drawdown since its inception was -100.00%, roughly equal to the maximum UNG drawdown of -99.85%. Use the drawdown chart below to compare losses from any high point for BOIL and UNG. For additional features, visit the drawdowns tool.


-100.00%-99.00%-98.00%-97.00%-96.00%NovemberDecember2025FebruaryMarchApril
-99.99%
-96.36%
BOIL
UNG

Volatility

BOIL vs. UNG - Volatility Comparison

ProShares Ultra Bloomberg Natural Gas (BOIL) has a higher volatility of 28.34% compared to United States Natural Gas Fund LP (UNG) at 14.25%. This indicates that BOIL's price experiences larger fluctuations and is considered to be riskier than UNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%NovemberDecember2025FebruaryMarchApril
28.34%
14.25%
BOIL
UNG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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