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

Correlation

The correlation between CVNA and BOIL is 0.08, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

CVNA vs. BOIL - Performance Comparison

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

0.00%500.00%1,000.00%1,500.00%2,000.00%2,500.00%NovemberDecember2025FebruaryMarchApril
2,017.30%
-99.92%
CVNA
BOIL

Key characteristics

Sharpe Ratio

CVNA:

2.85

BOIL:

-0.30

Sortino Ratio

CVNA:

3.15

BOIL:

0.25

Omega Ratio

CVNA:

1.44

BOIL:

1.03

Calmar Ratio

CVNA:

2.88

BOIL:

-0.33

Martin Ratio

CVNA:

15.11

BOIL:

-0.67

Ulcer Index

CVNA:

15.15%

BOIL:

48.47%

Daily Std Dev

CVNA:

80.43%

BOIL:

107.69%

Max Drawdown

CVNA:

-98.99%

BOIL:

-100.00%

Current Drawdown

CVNA:

-36.50%

BOIL:

-100.00%

Returns By Period

In the year-to-date period, CVNA achieves a 15.57% return, which is significantly higher than BOIL's -14.12% return.


CVNA

YTD

15.57%

1M

6.03%

6M

17.38%

1Y

211.90%

5Y*

20.64%

10Y*

N/A

BOIL

YTD

-14.12%

1M

-37.05%

6M

3.21%

1Y

-28.82%

5Y*

-60.49%

10Y*

-56.56%

*Annualized

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Risk-Adjusted Performance

CVNA vs. BOIL — Risk-Adjusted Performance Rank

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

CVNA
The Risk-Adjusted Performance Rank of CVNA is 9797
Overall Rank
The Sharpe Ratio Rank of CVNA is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of CVNA is 9595
Sortino Ratio Rank
The Omega Ratio Rank of CVNA is 9595
Omega Ratio Rank
The Calmar Ratio Rank of CVNA is 9797
Calmar Ratio Rank
The Martin Ratio Rank of CVNA is 9898
Martin Ratio Rank

BOIL
The Risk-Adjusted Performance Rank of BOIL is 1616
Overall Rank
The Sharpe Ratio Rank of BOIL is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of BOIL is 2929
Sortino Ratio Rank
The Omega Ratio Rank of BOIL is 2626
Omega Ratio Rank
The Calmar Ratio Rank of BOIL is 66
Calmar Ratio Rank
The Martin Ratio Rank of BOIL is 1111
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.

CVNA vs. BOIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Carvana Co. (CVNA) and ProShares Ultra Bloomberg Natural Gas (BOIL). 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.


The chart of Sharpe ratio for CVNA, currently valued at 2.85, compared to the broader market-2.00-1.000.001.002.003.00
CVNA: 2.85
BOIL: -0.30
The chart of Sortino ratio for CVNA, currently valued at 3.15, compared to the broader market-6.00-4.00-2.000.002.004.00
CVNA: 3.15
BOIL: 0.25
The chart of Omega ratio for CVNA, currently valued at 1.44, compared to the broader market0.501.001.502.00
CVNA: 1.44
BOIL: 1.03
The chart of Calmar ratio for CVNA, currently valued at 2.88, compared to the broader market0.001.002.003.004.005.00
CVNA: 2.88
BOIL: -0.33
The chart of Martin ratio for CVNA, currently valued at 15.11, compared to the broader market-10.00-5.000.005.0010.0015.0020.00
CVNA: 15.11
BOIL: -0.67

The current CVNA Sharpe Ratio is 2.85, which is higher than the BOIL Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of CVNA and BOIL, 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 Ratio0.002.004.006.008.0010.00NovemberDecember2025FebruaryMarchApril
2.85
-0.30
CVNA
BOIL

Dividends

CVNA vs. BOIL - Dividend Comparison

Neither CVNA nor BOIL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

CVNA vs. BOIL - Drawdown Comparison

The maximum CVNA drawdown since its inception was -98.99%, roughly equal to the maximum BOIL drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for CVNA and BOIL. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%NovemberDecember2025FebruaryMarchApril
-36.50%
-99.93%
CVNA
BOIL

Volatility

CVNA vs. BOIL - Volatility Comparison

Carvana Co. (CVNA) has a higher volatility of 39.84% compared to ProShares Ultra Bloomberg Natural Gas (BOIL) at 34.58%. This indicates that CVNA's price experiences larger fluctuations and is considered to be riskier than BOIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%NovemberDecember2025FebruaryMarchApril
39.84%
34.58%
CVNA
BOIL