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

Correlation

The correlation between SCO and BOIL is -0.12. 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.


-0.50.00.51.0-0.1

Performance

SCO vs. BOIL - Performance Comparison

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

-100.00%-99.00%-98.00%-97.00%-96.00%JulyAugustSeptemberOctoberNovemberDecember
-96.89%
-100.00%
SCO
BOIL

Key characteristics

Sharpe Ratio

SCO:

-0.16

BOIL:

-0.65

Sortino Ratio

SCO:

0.08

BOIL:

-0.76

Omega Ratio

SCO:

1.01

BOIL:

0.92

Calmar Ratio

SCO:

-0.07

BOIL:

-0.65

Martin Ratio

SCO:

-0.39

BOIL:

-1.02

Ulcer Index

SCO:

18.96%

BOIL:

64.05%

Daily Std Dev

SCO:

45.12%

BOIL:

101.07%

Max Drawdown

SCO:

-99.50%

BOIL:

-100.00%

Current Drawdown

SCO:

-99.39%

BOIL:

-100.00%

Returns By Period

In the year-to-date period, SCO achieves a -13.16% return, which is significantly higher than BOIL's -66.10% return. Over the past 10 years, SCO has outperformed BOIL with an annualized return of -30.91%, while BOIL has yielded a comparatively lower -59.33% annualized return.


SCO

YTD

-13.16%

1M

1.51%

6M

16.13%

1Y

-7.31%

5Y*

-40.83%

10Y*

-30.91%

BOIL

YTD

-66.10%

1M

11.62%

6M

-48.13%

1Y

-62.05%

5Y*

-65.01%

10Y*

-59.33%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SCO vs. BOIL - Expense Ratio Comparison

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


BOIL
ProShares Ultra Bloomberg Natural Gas
Expense ratio chart for BOIL: current value at 1.31% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.31%
Expense ratio chart for SCO: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

SCO vs. BOIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Bloomberg Crude Oil (SCO) 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.


Sharpe ratio
The chart of Sharpe ratio for SCO, currently valued at -0.16, compared to the broader market0.002.004.00-0.16-0.62
The chart of Sortino ratio for SCO, currently valued at 0.08, compared to the broader market-2.000.002.004.006.008.0010.000.08-0.64
The chart of Omega ratio for SCO, currently valued at 1.01, compared to the broader market0.501.001.502.002.503.001.010.93
The chart of Calmar ratio for SCO, currently valued at -0.07, compared to the broader market0.005.0010.0015.00-0.07-0.62
The chart of Martin ratio for SCO, currently valued at -0.39, compared to the broader market0.0020.0040.0060.0080.00100.00-0.39-0.97
SCO
BOIL

The current SCO Sharpe Ratio is -0.16, which is higher than the BOIL Sharpe Ratio of -0.65. The chart below compares the historical Sharpe Ratios of SCO 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-1.00-0.500.000.50JulyAugustSeptemberOctoberNovemberDecember
-0.16
-0.62
SCO
BOIL

Dividends

SCO vs. BOIL - Dividend Comparison

Neither SCO nor BOIL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

SCO vs. BOIL - Drawdown Comparison

The maximum SCO drawdown since its inception was -99.50%, roughly equal to the maximum BOIL drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for SCO and BOIL. For additional features, visit the drawdowns tool.


-100.00%-99.80%-99.60%-99.40%-99.20%-99.00%JulyAugustSeptemberOctoberNovemberDecember
-99.20%
-100.00%
SCO
BOIL

Volatility

SCO vs. BOIL - Volatility Comparison

The current volatility for ProShares UltraShort Bloomberg Crude Oil (SCO) is 10.36%, while ProShares Ultra Bloomberg Natural Gas (BOIL) has a volatility of 32.54%. This indicates that SCO experiences smaller price fluctuations and is considered to be less risky 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%JulyAugustSeptemberOctoberNovemberDecember
10.36%
32.54%
SCO
BOIL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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