ProShares Ultra Bloomberg Natural Gas

10-Year Study

BOIL.US · · US · ETF

Executive Summary: ProShares Ultra Bloomberg Natural Gas has compounded at -57.1% annually over the last 10 years, with a maximum drawdown of 100.0% and an annualized volatility of 232.7%.

1Y CAGR
-75.4%
3Y CAGR
-63.5%
5Y CAGR
-65.3%
10Y CAGR
-57.1%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
100.0%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.27
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.50
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
104.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +23.8%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · -92.0%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
10%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202677.6-59.6-1.9-16.4————————-41.1%
2025-7.150.89.6-35.2-12.4-5.4-22.4-14.8-1.60.318.4-35.7-59.0%
2024-18.8-26.4-24.43.921.3-3.3-39.8-8.233.8-35.622.921.6-60.7%
2023-57.3-12.1-45.9-6.4-24.334.7-9.70.5-13.226.6-47.3-21.6-92.0%
202276.2-23.359.756.617.3-59.3109.117.4-48.1-22.56.2-59.7-31.9%
20211.616.0-14.615.20.251.910.721.065.3-19.1-37.2-37.623.8%
2020-27.5-20.2-11.819.8-29.8-20.9-1.469.1-26.723.5-30.5-29.2-74.7%
2019-6.1-5.9-10.5-10.8-12.4-12.7-5.2-2.60.13.3-29.0-11.6-67.7%
20183.5-20.22.5-2.110.9-2.1-8.28.63.713.973.5-56.9-20.6%
2017-29.9-25.123.20.4-16.6-5.3-14.111.0-5.3-17.0-0.8-10.2-65.7%
2016———12.7-2.948.3-5.0-7.7-5.8-2.08.522.274.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 232.7%. The dominant macroeconomic risk driver is SHV.US, accounting for 76.3% of variance. Idiosyncratic stock-specific factors contribute 14.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0111268.382352941178
2016-05-0110937.5
2016-06-0116222.426470588236
2016-07-0115404.411764705883
2016-08-0114218.75
2016-09-0113400.735294117647
2016-10-0113134.19117647059
2016-11-0114255.514705882353
2016-12-0117426.470588235294
2017-01-0112224.264705882353
2017-02-019154.411764705883
2017-03-0111277.573529411764
2017-04-0111323.529411764706
2017-05-019448.529411764706
2017-06-018952.205882352942
2017-07-017693.014705882353
2017-08-018538.60294117647
2017-09-018088.235294117647
2017-10-016709.558823529411
2017-11-016654.411764705882
2017-12-015974.264705882353
2018-01-016185.661764705882
2018-02-014935.661764705883
2018-03-015060.661764705883
2018-04-014954.044117647059
2018-05-015494.485294117647
2018-06-015380.514705882353
2018-07-014937.5
2018-08-015363.970588235294
2018-09-015564.338235294117
2018-10-016338.235294117647
2018-11-0111000
2018-12-014746.323529411765
2019-01-014455.882352941177
2019-02-014193.014705882353
2019-03-013753.676470588235
2019-04-013347.426470588235
2019-05-012931.9852941176473
2019-06-012558.8235294117644
2019-07-012426.470588235294
2019-08-012363.970588235294
2019-09-012365.8088235294117
2019-10-012443.0147058823527
2019-11-011733.4558823529412
2019-12-011533.0882352941178
2020-01-011112.1323529411764
2020-02-01887.8676470588235
2020-03-01783.0882352941177
2020-04-01938.4191176470588
2020-05-01659.1911764705882
2020-06-01521.3235294117648
2020-07-01513.7867647058823
2020-08-01868.9338235294118
2020-09-01636.5808823529412
2020-10-01786.3970588235295
2020-11-01546.6911764705883
2020-12-01387.3161764705883
2021-01-01393.38235294117646
2021-02-01456.25
2021-03-01389.70588235294116
2021-04-01448.89705882352945
2021-05-01449.81617647058823
2021-06-01683.2720588235294
2021-07-01756.25
2021-08-01915.0735294117648
2021-09-011512.8676470588234
2021-10-011223.3455882352941
2021-11-01768.3823529411765
2021-12-01479.5955882352941
2022-01-01845.0367647058823
2022-02-01647.9779411764706
2022-03-011035.110294117647
2022-04-011621.3235294117649
2022-05-011902.5735294117646
2022-06-01773.8970588235294
2022-07-011618.1985294117649
2022-08-011900.3676470588234
2022-09-01986.3970588235294
2022-10-01764.1544117647059
2022-11-01811.5808823529412
2022-12-01326.8382352941176
2023-01-01139.52205882352942
2023-02-01122.61029411764706
2023-03-0166.36029411764706
2023-04-0162.13235294117647
2023-05-0147.05882352941176
2023-06-0163.40992647058823
2023-07-0157.279411764705884
2023-08-0157.55514705882353
2023-09-0149.98161764705882
2023-10-0163.290441176470594
2023-11-0133.32720588235294
2023-12-0126.13970588235294
2024-01-0121.231617647058826
2024-02-0115.634191176470587
2024-03-0111.819852941176471
2024-04-0112.27941176470588
2024-05-0114.898897058823529
2024-06-0114.402573529411764
2024-07-018.676470588235293
2024-08-017.968750000000001
2024-09-0110.661764705882353
2024-10-016.865808823529411
2024-11-018.435661764705882
2024-12-0110.261029411764707
2025-01-019.536764705882353
2025-02-0114.382352941176471
2025-03-0115.764705882352942
2025-04-0110.222426470588234
2025-05-018.95404411764706
2025-06-018.470588235294118
2025-07-016.575367647058824
2025-08-015.602941176470588
2025-09-015.5128676470588225
2025-10-015.53125
2025-11-016.551470588235294
2025-12-014.209558823529411
2026-01-017.476102941176471
2026-02-013.022058823529412
2026-03-012.963235294117647
2026-04-012.4779411764705883
Annual Return Matrix
YearAnnual Return
2017-0.6571729957805907
2018-0.20553846153846156
2019-0.6769945778466305
2020-0.7473621103117506
20210.23825344091124823
2022-0.318512840168647
2023-0.9200224971878516
2024-0.6074542897327707
2025-0.5897527767825153
2026-0.41135371179039293
Total Factor Risk
2.327387552196678
VTI.US Exposure
0.015401404337760867
VEA.US Exposure
0.005731353412580475
VWO.US Exposure
0.0014356137163099535
QQQ.US Exposure
0.002887862498371396
VTV.US Exposure
0.008576877055206744
IJR.US Exposure
-0.000022930535468935823
QUAL.US Exposure
0.00017096333018109286
SHV.US Exposure
0.7625681310875095
TLT.US Exposure
0.007122684560878456
LQD.US Exposure
0.006070535927515073
HYG.US Exposure
0.007947882572139606
GLD.US Exposure
0.00475683791535316
USO.US Exposure
0.002836106698207681
VNQ.US Exposure
-0.0000027799529209104532
BTC-USD.CC Exposure
0.0030412898969956518
CPER.US Exposure
0.0012346681197727364
VIX.INDX Exposure
0.001870771038567932
UUP.US Exposure
0.006340524216695642
TIP.US Exposure
0.021721358691359476
Idiosyncratic Exposure
0.14031084541298425
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
232.7%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-22.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-51.1%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
80.6% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
5.88
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is ProShares Ultra Bloomberg Natural Gas a high-risk investment?

ProShares Ultra Bloomberg Natural Gas (BOIL.US) has an annualized volatility of 232.7% and experienced a maximum drawdown of 100.0% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of BOIL.US?

Over the past 10 years, BOIL.US has generated a Compound Annual Growth Rate (CAGR) of -57.1%. It has had a positive return in 10% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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