BOILProShares Ultra Bloomberg Natural Gas
The fund seeks to meet its investment objective by investing normally in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies (e.g., natural disaster, terrorist attack, or an act of God) or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity).
ProShares · Since 2011 (14 years)
1.39%
#5164 out of 5,332 ETFs
$399M
#1610 out of 5,332 ETFs
0.00%
14 years
#944 out of 5,332 ETFs
Performance
1 Year
-76.1%
3 Years
-65.5%
5 Years
-64.5%
What's inside
Top holdings
Risk profile
116.5%
High
-100.0%
Worst peak-to-trough loss
-0.48
Below average
-0.67
Moderate downside risk
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05