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ProShares Ultra Bloomberg Natural Gas

BOIL
$--
Today’s Change
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Snapshot
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Inception Date
Oct 04 2011
Expense Ratio
0.95%
Type
Global Commodities & Metals
Fund Owner
ProShares
Volume (1m avg. daily)
$391,941,609
AUM
$971,515,275
Associated Index
Bloomberg Natural Gas Sub-Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
Net Other Assets (Liabilities)
100.00%
n/a
Derivatives offset
-199.96%
Invest with BOIL

What is BOIL?

ProShares Ultra Bloomberg Natural Gas seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Natural Gas Subindex.

ETFs related toBOIL

ETFs correlated to BOIL include UNG, GAZ, COMB

BOIL
ProShares Trust - ProShares Ultra Bloomberg Natural Gas 2x Shares
UNG
United States Commodity Funds LLC - United States Natural Gas Fund
GAZ
Barclays Bank PLC - Global Medium-Term Notes Series A
COMB
GraniteShares Gold Trust - GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
CMDY
BlackRock Institutional Trust Company N.A. - iShares Bloomberg Roll Select Commodity Strategy ETF
BCD
abrdn ETF - abrdn Bloomberg All Comm Longer Dt Strategy K-1 Free ETF
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
FCG
First Trust Exchange-Traded Fund III - First Trust Natural Gas ETF
DFGR
Dimensional ETF Trust - Dimensional Global Real Estate ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBOIL

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BOIL using Composer

FAQ

BOIL is a Global Commodities & Metals ETF. ProShares Ultra Bloomberg Natural Gas seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Natural Gas Subindex.

The top holdings for BOIL include Net Other Assets (Liabilities), and Derivatives offset.

BOIL has 3 total holdings.

BOIL tracks the Bloomberg Natural Gas Sub-Index.

No, BOIL is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BOIL is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BOIL is -0.4416%. This is the percent change in the value of BOIL over the most recent 1-month period. The 3-month return on BOIL is -0.845%. This is the percent change in the value of BOIL over the most recent 3-month period.

The standard deviation of BOIL for the past year is 1.4435%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BOIL include SH, SDS, and PSQ.

ETFs correlated to BOIL include UNG, GAZ, and COMB.

ETFs that are inversely correlated to BOIL include KOLD, DRIP, and OILD.

Yes, BOIL is a Leveraged (2x) ETF: This means that BOIL will try to match the performance of Bloomberg Natural Gas Sub-Index, but with 2x the returns.

Yes, BOIL is a Leveraged (2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of Bloomberg Natural Gas Sub-Index, but move 2x in the opposite direction.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.