BOIL
- ProShares Ultra Bloomberg Natural GasKey Information
Earliest date | 2011-10-06 |
Exchange | NYSE |
Instrument Type | ETF |
MIC Code | ARCX |
Country | United States |
ETF Information
Fund Provider | Proshare Advisors LLC |
Index | Bloomberg Natural Gas (200%) |
Expense Ratio | 0.95% |
Number Of Holdings | 1 |
Inception Date | 2011-10-04 |
Asset Class | Commodity |
Currency | USD |
Listing | US-listed |
Sector | Energy |
Non-leveraged | Leveraged |
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.