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ETFs

ProShares UltraShort Bloomberg Natural Gas

KOLD
$--
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)
$76,292,948
AUM
$87,199,089
Associated Index
Bloomberg Natural Gas Sub-Index
Inverse/Leveraged
Inverse (-2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Derivatives offset
199.97%
n/a
Net Other Assets (Liabilities)
100.00%
Invest with KOLD

What is KOLD?

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

ETFs related toKOLD

ETFs correlated to KOLD include DRIP, OILD, DUG

KOLD
ProShares Trust - ProShares UltraShort Bloomberg Natural Gas -2x Shares
DRIP
Direxion Shares ETF Trust - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
OILD
Bank of Montreal - MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged
DUG
ProShares Trust - ProShares UltraShort Energy
ERY
Direxion Shares ETF Trust - Direxion Daily Energy Bear -2X Shares
BILZ
Pimco Exchange Traded Fund - PIMCO Ultra Short Government Active Exchange-Traded Fund
NRGD
Bank of Montreal - MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs
FAZ
Direxion Shares ETF Trust - Direxion Daily Financial Bear 3x Shares
KMLM
KraneShares Trust - KFA Mount Lucas Managed Futures Index Strategy ETF
DOG
ProShares Trust - ProShares Short Dow30 -1x Shares
SDOW
ProShares Trust - ProShares UltraPro Short Dow30 -3x Shares

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.

FAQ

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

KOLD tracks the Bloomberg Natural Gas Sub-Index.

No, KOLD 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, KOLD 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 KOLD is 0.1094%. This is the percent change in the value of KOLD over the most recent 1-month period. The 3-month return on KOLD is 0.1997%. This is the percent change in the value of KOLD over the most recent 3-month period.

The standard deviation of KOLD for the past year is 1.2279%. 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 KOLD include ZSL, DGP, and GLL.

ETFs correlated to KOLD include DRIP, OILD, and DUG.

ETFs that are inversely correlated to KOLD include BOIL, UNG, and DJP.

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

Yes, KOLD is a Inverse (-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.