BOIL vs. UGL - ETF Comparison
BOIL - ProShares Ultra Bloomberg Natural Gas
The ProShares Ultra Bloomberg Natural Gas ETF provides 2x daily leveraged exposure to natural gas futures, making it a high-risk, high-reward investment option for sophisticated investors. It is designed to amplify returns on natural gas prices, but requires careful monitoring due to its daily reset feature. This ETF is not suitable for long-term, buy-and-hold portfolios and is best used for short-term bets on natural gas prices.
UGL - ProShares Ultra Gold
The ProShares Ultra Gold ETF provides 2x daily leverage to gold prices, making it a powerful tool for investors with a bullish outlook on precious metals. However, due to its daily reset feature and explicit leverage, it's only suitable for sophisticated investors who can closely monitor their position and have a high tolerance for risk and volatility.
| BOIL | UGL | |
|---|---|---|
| Fund Name | ProShares Ultra Bloomberg Natural Gas | ProShares Ultra Gold |
| Fund Provider | Proshare Advisors LLC | Proshare Advisors LLC |
| Index | Bloomberg Natural Gas (200%) | Bloomberg Gold (-200%) |
| Asset Class | Commodity | Commodity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.95% | 0.95% |
| Inception Date | 2011-10-04 | 2008-12-01 |
| Number Of Holdings | 1 | 1 |
| Currency | USD | USD |
| Sector | Energy | Materials |
| Leveraged | Leveraged | Leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.