KOLD vs. ROSS
Compare and contrast key facts about ProShares UltraShort Bloomberg Natural Gas (KOLD) and Ross Acquisition Corp II (ROSS).
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 ROSS.
Key characteristics
| KOLD | ROSS |
|---|
Correlation
The correlation between KOLD and ROSS is -0.03. 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.
Performance
KOLD vs. ROSS - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
KOLD vs. ROSS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Bloomberg Natural Gas (KOLD) and Ross Acquisition Corp II (ROSS). 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. ROSS - Dividend Comparison
Neither KOLD nor ROSS has paid dividends to shareholders.
Drawdowns
KOLD vs. ROSS - Drawdown Comparison
Volatility
KOLD vs. ROSS - Volatility Comparison
ProShares UltraShort Bloomberg Natural Gas (KOLD) has a higher volatility of 23.86% compared to Ross Acquisition Corp II (ROSS) at 0.00%. This indicates that KOLD's price experiences larger fluctuations and is considered to be riskier than ROSS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.