^XNG vs. BOIL
Compare and contrast key facts about NYSE Arca Natural Gas Index (^XNG) and ProShares Ultra Bloomberg Natural Gas (BOIL).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XNG or BOIL.
Correlation
The correlation between ^XNG and BOIL is 0.27, 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.
Performance
^XNG vs. BOIL - Performance Comparison
Key characteristics
^XNG:
1.08
BOIL:
0.04
^XNG:
1.54
BOIL:
0.83
^XNG:
1.19
BOIL:
1.09
^XNG:
0.39
BOIL:
0.04
^XNG:
4.99
BOIL:
0.09
^XNG:
3.31%
BOIL:
47.49%
^XNG:
15.27%
BOIL:
103.78%
^XNG:
-84.52%
BOIL:
-100.00%
^XNG:
-32.80%
BOIL:
-99.99%
Returns By Period
In the year-to-date period, ^XNG achieves a 0.74% return, which is significantly lower than BOIL's 73.13% return. Over the past 10 years, ^XNG has outperformed BOIL with an annualized return of -0.61%, while BOIL has yielded a comparatively lower -54.42% annualized return.
^XNG
0.74%
-3.33%
9.29%
15.26%
23.80%
-0.61%
BOIL
73.13%
68.98%
109.18%
5.62%
-54.60%
-54.42%
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Risk-Adjusted Performance
^XNG vs. BOIL — Risk-Adjusted Performance Rank
^XNG
BOIL
^XNG vs. BOIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Arca Natural Gas Index (^XNG) 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.
Drawdowns
^XNG vs. BOIL - Drawdown Comparison
The maximum ^XNG drawdown since its inception was -84.52%, smaller than the maximum BOIL drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for ^XNG and BOIL. For additional features, visit the drawdowns tool.
Volatility
^XNG vs. BOIL - Volatility Comparison
The current volatility for NYSE Arca Natural Gas Index (^XNG) is 5.22%, while ProShares Ultra Bloomberg Natural Gas (BOIL) has a volatility of 31.22%. This indicates that ^XNG 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.