BOIL icon

ProShares Ultra Bloomberg Natural Gas

53.28 USD
+2.74
5.42%
At close Dec 24, 4:00 PM EST
Pre-market
51.47
-1.81
3.40%
1 day
5.42%
5 days
19.97%
1 month
9.58%
3 months
-2.42%
6 months
-46.32%
Year to date
-64.33%
1 year
-60.92%
5 years
-99.36%
10 years
-99.98%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

350% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 2

149% more capital invested

Capital invested by funds: $14.4M [Q2] → $35.8M (+$21.4M) [Q3]

114% more call options, than puts

Call options by funds: $85M | Put options by funds: $39.7M

1.15% more ownership

Funds ownership: 3.62% [Q2] → 4.77% (+1.15%) [Q3]

6% less funds holding

Funds holding: 32 [Q2] → 30 (-2) [Q3]

15% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 13

Research analyst outlook

We haven’t received any recent analyst ratings for BOIL.

Financial journalist opinion

Based on 3 articles about BOIL published over the past 30 days

Neutral
Seeking Alpha
2 days ago
BOIL: A Sell On Lack Of Upside Catalysts
BOIL is suitable only for short-term traders due to compounding risk and calendar roll issues. The ETF's performance can deviate significantly from its benchmark over holding periods longer than one trading day. Demand for natural gas is highest in winter, but the period from mid-December through the end of January isn't seasonally strong for gas prices.
BOIL: A Sell On Lack Of Upside Catalysts
Neutral
ETF Trends
1 week ago
Top Performing Leveraged/Inverse ETFs: 12/15/2024
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Top Performing Leveraged/Inverse ETFs: 12/15/2024
Positive
Zacks Investment Research
4 weeks ago
5 Leveraged ETFs of Last Week That Gained More Than 25%
These leveraged ETFs returned more than 25% last week against the broader market return of 1.6%.
5 Leveraged ETFs of Last Week That Gained More Than 25%
Positive
Seeking Alpha
1 month ago
BOIL: Where Has The La Nina Gone?
The ProShares Ultra Bloomberg Natural Gas ETF is unsuitable for long-term investors due to 'roll decay' and 'volatility decay,' leading to significant losses over time. However, the BOIL ETF can deliver substantial short-term gains during periods of high natural gas price volatility, such as during the COVID-19 reopening and the Russia/Ukraine war. Seasonal trading opportunities also exist for BOIL, particularly during the March-to-June and September-to-November periods, driven by cooling and heating demand speculation.
BOIL: Where Has The La Nina Gone?
Positive
Seeking Alpha
3 months ago
BOIL: Playing With Fire
Natural gas is essential but challenging to profit from; BOIL ETF offers leveraged exposure to potential price increases. BOIL aims for 2x the daily performance of natural gas futures, but this leverage can amplify both gains and losses. BOIL's strategy involves rolling futures contracts, offering convenience but also risk due to volatility decay over time.
BOIL: Playing With Fire
Negative
Seeking Alpha
3 months ago
BOIL: Consider As Natural Gas Peak Demand Season Approaches
Natural gas prices are volatile, with recent lows due to high inventories but potential for seasonal demand spikes and geopolitical impacts. The ProShares Ultra Bloomberg Natural Gas ETF offers leveraged exposure to U.S. natural gas futures but carries significant time decay risk. U.S. energy policy uncertainty and the Ukraine war could drive natural gas price volatility, especially as winter demand peaks.
BOIL: Consider As Natural Gas Peak Demand Season Approaches
Neutral
Zacks Investment Research
4 months ago
4 Best Inverse/Leveraged ETFs of Last Week
Wall Street was subdued last week.
4 Best Inverse/Leveraged ETFs of Last Week
Neutral
Seeking Alpha
5 months ago
Undercovered Dozen ETF Edition: China, Bitcoin, Cybersecurity, Motley Fool +
This ETF Edition highlights 12 less covered exchange-traded fund ideas on Seeking Alpha from June 1st - July 15th. ETFs in our first edition include Saba Closed-End Funds, iShares 20+ Year Treasury Bond BuyWrite Strategy, Global X Russell 2000 Covered Call, Invesco S&P 500 GARP, and more. Managed futures are in focus with one ETF idea where the author writes they "offer potential for maximizing income, boosting returns, and reducing volatility in a portfolio".
Undercovered Dozen ETF Edition: China, Bitcoin, Cybersecurity, Motley Fool +
Positive
Seeking Alpha
5 months ago
BOIL: Wait To Play Winter Cooling Demand
The ProShares Ultra Bloomberg Natural Gas ETF provides 200% exposure to near-month natural gas futures. Positive seasonality for natural gas prices recently ended as speculation for summer cooling demand has concluded. Looking forward, traders will need to be patient and wait to bet on winter cooling demand around August/September.
BOIL: Wait To Play Winter Cooling Demand
Negative
Invezz
5 months ago
KOLD vs BOIL: Which is the better natural gas ETF to buy?
The ProShares Ultra Bloomberg Natural Gas ETF (BOIL) crashed by almost 9% on Monday as the natural gas prices slipped. At the same time, the ProShares UltraShort Bloomberg Natural Gas ETF (KOLD) jumped by almost 9%.
KOLD vs BOIL: Which is the better natural gas ETF to buy?
Charts implemented using Lightweight Charts™