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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.


-0.50.00.51.01.0

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%-99.50%-99.00%-98.50%-98.00%-97.50%-97.00%-96.50%JulyAugustSeptemberOctoberNovemberDecember
-99.99%
-97.19%
BOIL
UNG

Key characteristics

Sharpe Ratio

BOIL:

-0.60

UNG:

-0.26

Sortino Ratio

BOIL:

-0.58

UNG:

0.01

Omega Ratio

BOIL:

0.94

UNG:

1.00

Calmar Ratio

BOIL:

-0.60

UNG:

-0.16

Martin Ratio

BOIL:

-0.94

UNG:

-0.37

Ulcer Index

BOIL:

64.22%

UNG:

41.91%

Daily Std Dev

BOIL:

100.84%

UNG:

59.01%

Max Drawdown

BOIL:

-100.00%

UNG:

-99.85%

Current Drawdown

BOIL:

-99.99%

UNG:

-99.80%

Returns By Period

In the year-to-date period, BOIL achieves a -64.59% return, which is significantly lower than UNG's -21.75% return. Over the past 10 years, BOIL has underperformed UNG with an annualized return of -59.11%, while UNG has yielded a comparatively higher -24.14% annualized return.


BOIL

YTD

-64.59%

1M

3.32%

6M

-45.23%

1Y

-64.09%

5Y*

-64.67%

10Y*

-59.11%

UNG

YTD

-21.75%

1M

4.75%

6M

-16.30%

1Y

-21.28%

5Y*

-25.45%

10Y*

-24.14%

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 at 1.31% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.31%
Expense ratio chart for UNG: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%

Risk-Adjusted Performance

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 -0.60, compared to the broader market0.002.004.00-0.60-0.26
The chart of Sortino ratio for BOIL, currently valued at -0.58, compared to the broader market-2.000.002.004.006.008.0010.00-0.580.01
The chart of Omega ratio for BOIL, currently valued at 0.94, compared to the broader market0.501.001.502.002.503.000.941.00
The chart of Calmar ratio for BOIL, currently valued at -0.60, compared to the broader market0.005.0010.0015.00-0.60-0.16
The chart of Martin ratio for BOIL, currently valued at -0.94, compared to the broader market0.0020.0040.0060.0080.00100.00-0.94-0.37
BOIL
UNG

The current BOIL Sharpe Ratio is -0.60, which is lower than the UNG Sharpe Ratio of -0.26. 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-1.00-0.80-0.60-0.40-0.20JulyAugustSeptemberOctoberNovemberDecember
-0.60
-0.26
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%-99.50%-99.00%-98.50%-98.00%-97.50%-97.00%-96.50%JulyAugustSeptemberOctoberNovemberDecember
-99.99%
-97.25%
BOIL
UNG

Volatility

BOIL vs. UNG - Volatility Comparison

ProShares Ultra Bloomberg Natural Gas (BOIL) has a higher volatility of 32.84% compared to United States Natural Gas Fund LP (UNG) at 18.49%. 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%JulyAugustSeptemberOctoberNovemberDecember
32.84%
18.49%
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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