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

Correlation

The correlation between KOLD and BOIL is 0.06, 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

KOLD vs. BOIL - Performance Comparison

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

-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%NovemberDecember2025FebruaryMarchApril
-83.16%
-100.00%
KOLD
BOIL

Key characteristics

Sharpe Ratio

KOLD:

-0.51

BOIL:

-0.30

Sortino Ratio

KOLD:

-0.27

BOIL:

0.25

Omega Ratio

KOLD:

0.97

BOIL:

1.03

Calmar Ratio

KOLD:

-0.56

BOIL:

-0.33

Martin Ratio

KOLD:

-1.29

BOIL:

-0.67

Ulcer Index

KOLD:

42.90%

BOIL:

48.47%

Daily Std Dev

KOLD:

108.44%

BOIL:

107.69%

Max Drawdown

KOLD:

-99.45%

BOIL:

-100.00%

Current Drawdown

KOLD:

-96.45%

BOIL:

-100.00%

Returns By Period

In the year-to-date period, KOLD achieves a -28.29% return, which is significantly lower than BOIL's -14.12% return. Over the past 10 years, KOLD has outperformed BOIL with an annualized return of -21.08%, while BOIL has yielded a comparatively lower -56.56% annualized return.


KOLD

YTD

-28.29%

1M

38.13%

6M

-54.02%

1Y

-57.40%

5Y*

-42.44%

10Y*

-21.08%

BOIL

YTD

-14.12%

1M

-37.05%

6M

3.21%

1Y

-28.82%

5Y*

-60.49%

10Y*

-56.56%

*Annualized

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KOLD vs. BOIL - Expense Ratio Comparison

KOLD has a 0.95% expense ratio, which is lower than BOIL's 1.31% expense ratio.


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 KOLD: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
KOLD: 0.95%

Risk-Adjusted Performance

KOLD vs. BOIL — Risk-Adjusted Performance Rank

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

KOLD
The Risk-Adjusted Performance Rank of KOLD is 66
Overall Rank
The Sharpe Ratio Rank of KOLD is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of KOLD is 1010
Sortino Ratio Rank
The Omega Ratio Rank of KOLD is 1010
Omega Ratio Rank
The Calmar Ratio Rank of KOLD is 22
Calmar Ratio Rank
The Martin Ratio Rank of KOLD is 44
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.

KOLD vs. BOIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Bloomberg Natural Gas (KOLD) 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 KOLD, currently valued at -0.51, compared to the broader market-1.000.001.002.003.004.00
KOLD: -0.51
BOIL: -0.30
The chart of Sortino ratio for KOLD, currently valued at -0.27, compared to the broader market-2.000.002.004.006.008.00
KOLD: -0.27
BOIL: 0.25
The chart of Omega ratio for KOLD, currently valued at 0.97, compared to the broader market0.501.001.502.002.50
KOLD: 0.97
BOIL: 1.03
The chart of Calmar ratio for KOLD, currently valued at -0.56, compared to the broader market0.002.004.006.008.0010.0012.00
KOLD: -0.56
BOIL: -0.33
The chart of Martin ratio for KOLD, currently valued at -1.29, compared to the broader market0.0020.0040.0060.00
KOLD: -1.29
BOIL: -0.67

The current KOLD Sharpe Ratio is -0.51, which is lower than the BOIL Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of KOLD 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 Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.51
-0.30
KOLD
BOIL

Dividends

KOLD vs. BOIL - Dividend Comparison

Neither KOLD nor BOIL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

KOLD vs. BOIL - Drawdown Comparison

The maximum KOLD drawdown since its inception was -99.45%, roughly equal to the maximum BOIL drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for KOLD and BOIL. For additional features, visit the drawdowns tool.


-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%NovemberDecember2025FebruaryMarchApril
-96.45%
-100.00%
KOLD
BOIL

Volatility

KOLD vs. BOIL - Volatility Comparison

ProShares UltraShort Bloomberg Natural Gas (KOLD) and ProShares Ultra Bloomberg Natural Gas (BOIL) have volatilities of 34.55% and 34.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


20.00%25.00%30.00%35.00%40.00%45.00%NovemberDecember2025FebruaryMarchApril
34.55%
34.58%
KOLD
BOIL