UNG vs. BOIL
Compare and contrast key facts about United States Natural Gas Fund LP (UNG) and ProShares Ultra Bloomberg Natural Gas (BOIL).
UNG and BOIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UNG is a passively managed fund by Concierge Technologies that tracks the performance of the Front Month Natural Gas. It was launched on Apr 18, 2007. BOIL is a passively managed fund by ProShares that tracks the performance of the Dow Jones-UBS Natural Gas Subindex (200%). It was launched on Oct 4, 2011. Both UNG and BOIL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UNG or BOIL.
Key characteristics
| UNG | BOIL | |
|---|---|---|
| YTD Return | -32.64% | -70.94% |
| 1Y Return | -49.18% | -84.84% |
| 3Y Return (Ann) | -40.45% | -79.83% |
| 5Y Return (Ann) | -30.43% | -68.48% |
| 10Y Return (Ann) | -27.56% | -56.50% |
| Sharpe Ratio | -0.80 | -0.85 |
| Sortino Ratio | -1.10 | -1.85 |
| Omega Ratio | 0.88 | 0.81 |
| Calmar Ratio | -0.46 | -0.84 |
| Martin Ratio | -1.16 | -1.19 |
| Ulcer Index | 39.71% | 70.18% |
| Daily Std Dev | 57.27% | 98.12% |
| Max Drawdown | -99.85% | -99.99% |
| Current Drawdown | -99.83% | -99.99% |
Correlation
The correlation between UNG and BOIL is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
UNG vs. BOIL - Performance Comparison
In the year-to-date period, UNG achieves a -32.64% return, which is significantly higher than BOIL's -70.94% return. Over the past 10 years, UNG has outperformed BOIL with an annualized return of -27.56%, while BOIL has yielded a comparatively lower -56.50% annualized return. 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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UNG vs. BOIL - Expense Ratio Comparison
UNG has a 1.28% expense ratio, which is lower than BOIL's 1.31% expense ratio.
Risk-Adjusted Performance
UNG vs. BOIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for United States Natural Gas Fund LP (UNG) 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.
Dividends
UNG vs. BOIL - Dividend Comparison
Neither UNG nor BOIL has paid dividends to shareholders.
Drawdowns
UNG vs. BOIL - Drawdown Comparison
The maximum UNG drawdown since its inception was -99.85%, roughly equal to the maximum BOIL drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for UNG and BOIL. For additional features, visit the drawdowns tool.
Volatility
UNG vs. BOIL - Volatility Comparison
The current volatility for United States Natural Gas Fund LP (UNG) is 17.03%, while ProShares Ultra Bloomberg Natural Gas (BOIL) has a volatility of 27.44%. This indicates that UNG 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.