ROSS vs. KOLD
Compare and contrast key facts about Ross Acquisition Corp II (ROSS) and ProShares UltraShort Bloomberg Natural Gas (KOLD).
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: ROSS or KOLD.
Key characteristics
ROSS | KOLD |
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Correlation
The correlation between ROSS and KOLD is -0.05. 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
ROSS vs. KOLD - 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
ROSS vs. KOLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ross Acquisition Corp II (ROSS) and ProShares UltraShort Bloomberg Natural Gas (KOLD). 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
ROSS vs. KOLD - Dividend Comparison
Neither ROSS nor KOLD has paid dividends to shareholders.
Drawdowns
ROSS vs. KOLD - Drawdown Comparison
Volatility
ROSS vs. KOLD - Volatility Comparison
The current volatility for Ross Acquisition Corp II (ROSS) is 0.00%, while ProShares UltraShort Bloomberg Natural Gas (KOLD) has a volatility of 28.76%. This indicates that ROSS experiences smaller price fluctuations and is considered to be less risky than KOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.