BOIL
ProShares Ultra Bloomberg Natural Gas

Price: $66.02
Change: $0.19 (-0.0%)
Last Updated:

Vitals

Issuer ProShares
Brand ProShares
Structure Commodity Pool
Expense Ratio 0.95%
ETF Home Page Home page
Inception Oct 04, 2011

Analyst Report

This ETF offers 2x daily leveraged exposure to natural gas, an asset class that is capable of delivering big swings in price over a relatively short period of time. Combining this volatility with explicit leverage results in a fund that has the potential to churn out big gains or losses, meaning that BOIL is really only appropriate for sophisticated, active investors.


It is important to understand that BOIL seeks to deliver leveraged returns not on spot natural gas prices but rather amplified returns on an index comprised of natural gas futures contracts. Depending on the slope of the futures curve, returns delivered by futures-based funds can vary significantly from hypothetical gains on an investment in spot (for obvious reasons, an investment in spot natural gas is not realistic for most investors). It is also important to note that BOIL maintains a daily reset feature, which means that this position should be monitored carefully if kept open for multiple trading sessions.


BOIL does not belong in a long-term, buy-and-hold portfolio, and should generally be avoided by anyone without a deep understanding of leveraged ETFs and natural gas futures markets. For those looking to make a short term bet on nat gas prices, however, BOIL can be a very powerful tool. ProShares also offers a -200% counterpart, KOLD, which is designed to perform well when natural gas futures prices decline. For investors seeking traditional non-leveraged, long exposure to natural gas futures, there are a number of options, including UNG, UNL, NAGS, and GAZ. Those seeking to access the natural gas space through stocks might want to take a closer look at FCG.

ETF Database Themes

Leveraged 2x
Asset Class Commodity
Commodity Type Energy
Commodity Natural Gas
Commodity Exposure Futures-Based

FactSet Classifications

  • Segment Leveraged Commodities: Energy Natural Gas
  • Category Energy
  • Focus Natural Gas
  • Niche Extended Term
  • Strategy Extended Term
  • Weighting Scheme Single Asset

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $17.05
  • 52 Week Hi $97.82
  • AUM $182.0 M
  • Shares 2.8 M

Historical Trading Data

  • 1 Month Avg. Volume 1,707,009
  • 3 Month Avg. Volume 1,089,620

Alternative ETFs in the ETF Database Leveraged Commodities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest DGP 0.75% $94.1 M 8,285 -15.24%
Largest (AUM) UCO 0.95% $1.2 B 748,205 171.05%
Most Liquid (Volume) KOLD 0.95% $168.5 M 6 M -83.56%
Top YTD Performer UCO 0.95% $1.2 B 748,205 171.05%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

BOIL ETF Database Category Average FactSet Segment Average
Number of Holdings 1 1 1
% of Assets in Top 10 100.00% 100.00% 100.00%
% of Assets in Top 15 100.00% 100.00% 100.00%
% of Assets in Top 50 100.00% 100.00% 100.00%

Size Comparison

BOIL ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

BOIL Valuation

This section compares the P/E ratio of this ETF to its peers.

BOIL
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
N/A
FactSet Segment Average
P/E Ratio
N/A

BOIL Dividend

This section compares the dividend yield of this ETF to its peers.

BOIL ETF Database Category Average FactSet Segment Average
Dividend N/A N/A N/A
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A N/A N/A
Annual Dividend Yield N/A N/A N/A

BOIL Price and Volume Chart

BOIL Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 13.17 M 1 Month Net Flows: 136.21 M 3 Month Net Flows: 115.29 M 6 Month Net Flows: 85.98 M 1 Year Net Flows: 158.86 M 3 Year Net Flows: 264.38 M 5 Year Net Flows: 288.46 M 10 Year Net Flows: 450.38 M

BOIL Price vs Flows AUM Influence

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for BOIL on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Leveraged Commodities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- SCO
Expenses B+ DZZ
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

BOIL Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

BOIL
Expense Ratio
0.95%
ETF Database Category Average
Expense Ratio
0.91%
FactSet Segment Average
Expense Ratio
0.95%

Tax Analysis

Max ST Capital Gains Rate 27.84%
Max LT Capital Gains Rate 27.84%
Tax On Distributions No distributions
Distributes K1 Yes
ESG Themes and Scores

BOIL does not have an ESG score. There are no ESG themes that map to this ETF.

BOIL Performance

This section shows how this ETF has performed relative to its peers.

BOIL ETF Database
Category Average
Factset Segment
Average
1 Month Return 2.61% -1.71% 2.61%
3 Month Return 55.45% -0.98% 55.45%
YTD Return 213.37% 17.80% 213.37%
1 Year Return 55.23% 9.61% 55.23%
3 Year Return -81.42% -31.73% -81.42%
5 Year Return -92.68% -43.75% -92.68%

Geographic Exposure

The following charts reflect the geographic spread of BOIL's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of BOIL's underlying holdings.

BOIL Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility
361.85%
Rank
1 of 10

20 Day Volatility
163.33%
Rank
2 of 10

50 Day Volatility
127.61%
Rank
2 of 10

200 Day Volatility
99.23%
Rank
2 of 10

Beta
0.99
Rank
3 of 10

Standard Deviation
16.35%
Rank
2 of 10

Technicals

  • 20 Day MA $74.67
  • 60 Day MA $58.85
  • MACD 15 Period -7.57
  • MACD 100 Period 17.31
  • Williams % Range 10 Day 70.30
  • Williams % Range 20 Day 81.77
  • RSI 10 Day 45
  • RSI 20 Day 50
  • RSI 30 Day 52
  • Ultimate Oscillator 50

Bollinger Bands

  • Lower Bollinger (10 Day) $59.07
  • Upper Bollinger (10 Day) $79.20
  • Lower Bollinger (20 Day) $58.33
  • Upper Bollinger (20 Day) $90.38
  • Lower Bollinger (30 Day) $54.85
  • Upper Bollinger (30 Day) $88.16

Support & Resistance

  • Support Level 1 n/a
  • Support Level 2 $59.84
  • Resistance Level 1 n/a
  • Resistance Level 2 $69.47

Stochastic

  • Stochastic Oscillator %D (1 Day) 70.36
  • Stochastic Oscillator %D (5 Day) 32.53
  • Stochastic Oscillator %K (1 Day) 56.18
  • Stochastic Oscillator %K (5 Day) 30.82

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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