BOIL vs. YGLD

Last updated Jun 4, 2026

BOIL (ProShares Ultra Bloomberg Natural Gas) and YGLD (Simplify Gold Strategy PLUS Income ETF) are both exchange-traded funds - BOIL is a Leveraged Commodities fund tracking the Bloomberg Natural Gas Subindex, while YGLD is a Gold fund actively managed by Simplify. BOIL is passively managed, while YGLD is actively managed. Over the past year, BOIL returned -74.31% vs 23.02% for YGLD. At a 0.02 correlation, their price movements are largely independent. BOIL charges 1.31%/yr vs 0.50%/yr for YGLD.

Performance

BOIL vs. YGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Bloomberg Natural Gas (BOIL) and Simplify Gold Strategy PLUS Income ETF (YGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOIL achieves a -36.77% return, which is significantly lower than YGLD's -7.24% return.

BOIL

• 1D: 4.32%
• 1M: 4.62%
• YTD: -36.77%
• 6M: -62.98%
• 1Y: -74.31%
• 3Y*: -60.61%
• 5Y*: -64.63%
• 10Y*: -56.95%

YGLD

• 1D: -1.34%
• 1M: -2.29%
• YTD: -7.24%
• 6M: -7.14%
• 1Y: 23.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BOIL vs. YGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BOIL ProShares Ultra Bloomberg Natural Gas	-36.77%	-58.98%	46.47%
YGLD Simplify Gold Strategy PLUS Income ETF	-7.24%	96.82%	-4.17%

Correlation

The correlation between BOIL and YGLD is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.02

Return for Risk

BOIL vs. YGLD — Risk / Return Rank

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

BOIL

BOIL Risk / Return Rank: 3
BOIL Sharpe Ratio Rank: 3
BOIL Sortino Ratio Rank: 4
BOIL Omega Ratio Rank: 3
BOIL Calmar Ratio Rank: 1
BOIL Martin Ratio Rank: 3

YGLD

YGLD Risk / Return Rank: 18
YGLD Sharpe Ratio Rank: 18
YGLD Sortino Ratio Rank: 18
YGLD Omega Ratio Rank: 21
YGLD Calmar Ratio Rank: 17
YGLD Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BOIL vs. YGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Bloomberg Natural Gas (BOIL) and Simplify Gold Strategy PLUS Income ETF (YGLD). 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.

	BOIL	YGLD	Difference
Sharpe ratio: Return per unit of total volatility	-0.66	0.57	-1.23
Sortino ratio: Return per unit of downside risk	-0.78	0.96	-1.74
Omega ratio: Gain probability vs. loss probability	0.90	1.14	-0.24
Calmar ratio: Return relative to maximum drawdown	-0.92	0.68	-1.60
Martin ratio: Return relative to average drawdown	-1.26	1.55	-2.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BOIL vs. YGLD - Sharpe Ratio Comparison

The current BOIL Sharpe Ratio is -0.66, which is lower than the YGLD Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of BOIL and YGLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BOIL	YGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.66	0.57	-1.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.55	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.61	1.17	-1.78

Drawdowns

BOIL vs. YGLD - Drawdown Comparison

The maximum BOIL drawdown since its inception was -100.00%, which is greater than YGLD's maximum drawdown of -34.23%. Use the drawdown chart below to compare losses from any high point for BOIL and YGLD.

Drawdown Indicators

	BOIL	YGLD	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-34.23%	-65.77%
Max Drawdown (1Y) Largest decline over 1 year	-80.85%	-34.23%	-46.62%
Max Drawdown (3Y) Largest decline over 3 years	-96.86%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-99.91%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-99.99%	—	—
Current Drawdown Current decline from peak	-100.00%	-33.06%	-66.94%
Average Drawdown Average peak-to-trough decline	-93.59%	-7.91%	-85.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	59.20%	14.86%	+44.34%

Volatility

BOIL vs. YGLD - Volatility Comparison

ProShares Ultra Bloomberg Natural Gas (BOIL) has a higher volatility of 23.95% compared to Simplify Gold Strategy PLUS Income ETF (YGLD) at 8.70%. This indicates that BOIL's price experiences larger fluctuations and is considered to be riskier than YGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOIL	YGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.95%	8.70%	+15.25%
Volatility (6M) Calculated over the trailing 6-month period	107.61%	34.68%	+72.93%
Volatility (1Y) Calculated over the trailing 1-year period	113.64%	40.43%	+73.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	118.89%	39.10%	+79.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.81%	39.10%	+62.71%

BOIL vs. YGLD - Expense Ratio Comparison

BOIL has a 1.31% expense ratio, which is higher than YGLD's 0.50% expense ratio.

Dividends

BOIL vs. YGLD - Dividend Comparison

BOIL has not paid dividends to shareholders, while YGLD's dividend yield for the trailing twelve months is around 19.23%.

Position	TTM	2025
BOIL ProShares Ultra Bloomberg Natural Gas	0.00%	0.00%
YGLD Simplify Gold Strategy PLUS Income ETF	19.23%	12.05%

Frequently Asked Questions

Can I hold both BOIL and YGLD in my portfolio?

BOIL and YGLD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOIL or YGLD?

BOIL has higher volatility (23.95%) compared to YGLD (8.70%). In terms of maximum drawdown, BOIL dropped -100.00% vs YGLD's -34.23%.

Which ETF is better, BOIL or YGLD?

On 1-year performance, YGLD leads with 23.02% vs -74.31% for BOIL. On fees, YGLD is cheaper at 0.50% per year. On volatility, YGLD has been the lower-risk option at 8.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BOIL or YGLD?

Over the 1-year period, YGLD has performed better with a 23.02% return vs -74.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BOIL or YGLD?

YGLD is cheaper with a 0.50% expense ratio, compared with 1.31% for BOIL.

Which ETF pays a higher dividend yield, BOIL or YGLD?

YGLD has the higher dividend yield at 19.23%, compared with 0.00% for BOIL.

What is the main difference between BOIL and YGLD?

BOIL is categorized as Leveraged Commodities, while YGLD is Gold. They also come from different issuers: ProShares and Simplify. Their fees differ too: 1.31% for BOIL and 0.50% for YGLD.

Which has better risk-adjusted returns?

YGLD currently has the higher Sharpe Ratio (0.57 vs -0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.