KOLD vs. NGS
Compare and contrast key facts about ProShares UltraShort Bloomberg Natural Gas (KOLD) and Natural Gas Services Group, Inc. (NGS).
KOLD is a passively managed fund by ProShares that tracks the performance of the Bloomberg Natural Gas Subindex (TR) (200%). It was launched on Oct 4, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KOLD or NGS.
Performance
KOLD vs. NGS - Performance Comparison
Returns By Period
In the year-to-date period, KOLD achieves a 38.47% return, which is significantly lower than NGS's 59.70% return. Over the past 10 years, KOLD has underperformed NGS with an annualized return of -6.84%, while NGS has yielded a comparatively higher 0.09% annualized return.
KOLD
38.47%
-14.00%
46.38%
93.25%
-25.56%
-6.84%
NGS
59.70%
30.36%
13.33%
64.62%
19.16%
0.09%
Key characteristics
| KOLD | NGS | |
|---|---|---|
| Sharpe Ratio | 1.04 | 1.55 |
| Sortino Ratio | 1.78 | 2.31 |
| Omega Ratio | 1.21 | 1.26 |
| Calmar Ratio | 1.08 | 1.08 |
| Martin Ratio | 4.00 | 5.58 |
| Ulcer Index | 25.95% | 13.02% |
| Daily Std Dev | 99.63% | 46.80% |
| Max Drawdown | -99.45% | -89.59% |
| Current Drawdown | -92.26% | -34.77% |
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Correlation
The correlation between KOLD and NGS is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Risk-Adjusted Performance
KOLD vs. NGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Bloomberg Natural Gas (KOLD) and Natural Gas Services Group, Inc. (NGS). 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.
Dividends
KOLD vs. NGS - Dividend Comparison
Neither KOLD nor NGS has paid dividends to shareholders.
Drawdowns
KOLD vs. NGS - Drawdown Comparison
The maximum KOLD drawdown since its inception was -99.45%, which is greater than NGS's maximum drawdown of -89.59%. Use the drawdown chart below to compare losses from any high point for KOLD and NGS. For additional features, visit the drawdowns tool.
Volatility
KOLD vs. NGS - Volatility Comparison
ProShares UltraShort Bloomberg Natural Gas (KOLD) has a higher volatility of 30.92% compared to Natural Gas Services Group, Inc. (NGS) at 14.70%. This indicates that KOLD's price experiences larger fluctuations and is considered to be riskier than NGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.