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

Correlation

The correlation between UNG and BOIL is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.1

Performance

UNG vs. BOIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States Natural Gas Fund LP (UNG) 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%December2025FebruaryMarchAprilMay
-96.93%
-99.99%
UNG
BOIL

Key characteristics

Sharpe Ratio

UNG:

0.26

BOIL:

-0.15

Sortino Ratio

UNG:

0.82

BOIL:

0.54

Omega Ratio

UNG:

1.09

BOIL:

1.06

Calmar Ratio

UNG:

0.16

BOIL:

-0.17

Martin Ratio

UNG:

0.62

BOIL:

-0.34

Ulcer Index

UNG:

26.23%

BOIL:

49.04%

Daily Std Dev

UNG:

61.30%

BOIL:

107.51%

Max Drawdown

UNG:

-99.85%

BOIL:

-100.00%

Current Drawdown

UNG:

-99.79%

BOIL:

-99.99%

Returns By Period

In the year-to-date period, UNG achieves a 3.03% return, which is significantly lower than BOIL's 6.56% return. Over the past 10 years, UNG has outperformed BOIL with an annualized return of -22.58%, while BOIL has yielded a comparatively lower -56.59% annualized return.


UNG

YTD

3.03%

1M

-16.33%

6M

36.27%

1Y

22.49%

5Y*

-19.81%

10Y*

-22.58%

BOIL

YTD

6.56%

1M

-24.43%

6M

59.25%

1Y

-7.64%

5Y*

-58.81%

10Y*

-56.59%

*Annualized

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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.


Expense ratio chart for BOIL: current value is 1.31%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BOIL: 1.31%
Expense ratio chart for UNG: current value is 1.28%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
UNG: 1.28%

Risk-Adjusted Performance

UNG vs. BOIL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UNG
The Risk-Adjusted Performance Rank of UNG is 4141
Overall Rank
The Sharpe Ratio Rank of UNG is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of UNG is 5656
Sortino Ratio Rank
The Omega Ratio Rank of UNG is 4545
Omega Ratio Rank
The Calmar Ratio Rank of UNG is 3333
Calmar Ratio Rank
The Martin Ratio Rank of UNG is 3232
Martin Ratio Rank

BOIL
The Risk-Adjusted Performance Rank of BOIL is 2222
Overall Rank
The Sharpe Ratio Rank of BOIL is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of BOIL is 3939
Sortino Ratio Rank
The Omega Ratio Rank of BOIL is 3434
Omega Ratio Rank
The Calmar Ratio Rank of BOIL is 1010
Calmar Ratio Rank
The Martin Ratio Rank of BOIL is 1313
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for UNG, currently valued at 0.26, compared to the broader market-1.000.001.002.003.004.00
UNG: 0.26
BOIL: -0.15
The chart of Sortino ratio for UNG, currently valued at 0.82, compared to the broader market-2.000.002.004.006.008.00
UNG: 0.82
BOIL: 0.54
The chart of Omega ratio for UNG, currently valued at 1.09, compared to the broader market0.501.001.502.002.50
UNG: 1.09
BOIL: 1.06
The chart of Calmar ratio for UNG, currently valued at 0.17, compared to the broader market0.002.004.006.008.0010.00
UNG: 0.17
BOIL: -0.17
The chart of Martin ratio for UNG, currently valued at 0.62, compared to the broader market0.0020.0040.0060.00
UNG: 0.62
BOIL: -0.34

The current UNG Sharpe Ratio is 0.26, which is higher than the BOIL Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of UNG 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-1.00-0.500.000.501.00December2025FebruaryMarchAprilMay
0.26
-0.15
UNG
BOIL

Dividends

UNG vs. BOIL - Dividend Comparison

Neither UNG nor BOIL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

UNG vs. BOIL - Drawdown Comparison

The maximum UNG drawdown since its inception was -99.85%, roughly equal to the maximum BOIL drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for UNG and BOIL. For additional features, visit the drawdowns tool.


-100.00%-99.00%-98.00%-97.00%-96.00%December2025FebruaryMarchAprilMay
-97.00%
-99.99%
UNG
BOIL

Volatility

UNG vs. BOIL - Volatility Comparison

The current volatility for United States Natural Gas Fund LP (UNG) is 18.07%, while ProShares Ultra Bloomberg Natural Gas (BOIL) has a volatility of 35.38%. 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.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%December2025FebruaryMarchAprilMay
18.07%
35.38%
UNG
BOIL