PortfolioMetrics

BOIL

- ProShares Ultra Bloomberg Natural Gas

Key Information

Earliest date2011-10-06
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderProshare Advisors LLC
IndexBloomberg Natural Gas (200%)
Expense Ratio0.95%
Number Of Holdings1
Inception Date2011-10-04
Asset ClassCommodity
CurrencyUSD
ListingUS-listed
SectorEnergy
Non-leveragedLeveraged

About BOIL

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.