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BOIL vs XLEX

ProShares Ultra Bloomberg Natural Gas

BOILDNYSE Arca

Corgi U.S. Energy 2x Daily ETF

XLEXCCboe

Overlap

Expense ratio

XLEX −0.50pt a year

BOIL0.95%XLEX0.45%

Avg volume · 30D

BOIL 2543.7×the volume

BOIL5.56MXLEX2.19K

BOIL vs XLEX Performance

Jul 31, 2026 – Nov 2, 2026

−21.9%BOIL+24.9%XLEX

Jul 31, 2026 to Nov 2, 2026. BOIL −21.9%. XLEX +24.9%. Use the arrow keys to read each point.−10%0%10%Jul 2026Sep 2026Nov 2026
Expense ratio
BOIL 0.95%
XLEX 0.45%, better
Fund size
BOIL $424M
XLEX $1M
1Y total return
BOIL −73.4%
XLEX No data
Holdings
BOIL 1
XLEX 1
Avg volume (30D)
BOIL 5.56M sh, better
XLEX 2.19K sh
NAV per share
BOIL $15.94
XLEX $34.89
52W range

ETF.net Grade

BOIL: Cost 32, Risk 12, Mission not scored, Tradability 50, Holdings not scored, Durability 65. XLEX: Cost 90, Risk 80, Mission not scored, Tradability 23, Holdings not scored, Durability 17.
Pillar letters and Scores for BOIL, XLEX, with each pillar’s weight
PillarBOILXLEX
Cost30% weightD32A90Higher
Mission25% weightNot scoredNot scored
Risk15% weightF12A80Higher
Tradability15% weightC50HigherF23
Holdings10% weightNot scoredNot scored
Durability5% weightB65HigherF17

Rank among 2x/3x Long Energy funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BOIL and XLEX are both graded against the same 6 2x/3x Long Energy funds, so their Grades compare head to head.

2x/3x Long Energy⁠

Category · 6 funds
See all 6 ›

XLEX ranks 5th and BOIL 6th of 6 funds in the 2x/3x Long Energy Category.

  1. Rank 4CDIGProShares Ultra EnergyScore 47
  2. Rank 5CXLEXCorgi U.S. Energy 2x Daily ETFScore 40
  3. Rank 6DBOILProShares Ultra Bloomberg Natural GasScore 33

Our read on each fund

ETF.net Research

BOILDProShares Ultra Bloomberg Natural Gas

XLEXCCorgi U.S. Energy 2x Daily ETF

In short

BOIL The only natural gas play in a leveraged energy aisle full of oil and energy stocks. BOIL aims for two times the daily move of a Bloomberg natural gas futures index, in a market known for violent swings.

XLEX No data

Stated mandate

BOIL The fund seeks daily investment results, before fees and expenses, equal to two times the daily performance of the Bloomberg Natural Gas Subindex SM.

XLEX No data

Why people hold it

  • BOIL One job, spelled out in the fund's own documents: two times the daily performance of the Bloomberg Natural Gas Subindex, reset each day.proshares.com
  • The cohort's only gas ticket. ERX, GUSH and DIG track energy equities and UCO tracks crude; nothing else here follows the gas curve.
  • The 0.95% fee sits right at the cohort median, and shares trade actively, which matters when the holding period is measured in days.
  • Trading since 2011, a long run for a leveraged commodity product and an unusually deep track record in this corner of the market.

XLEX No data

Worth knowing

  • BOIL Daily reset means results compound. Hold through a choppy stretch and the outcome can differ, sometimes sharply, from two times the index move over that period.
  • Natural gas swings hard on weather and storage, and doubling it daily puts this at the wildest end of an already volatile peer group.
  • It is a commodity pool holding futures, not shares of gas producers, so it is not built to pay income.

XLEX No data

Full BOIL profile⁠

Full XLEX profile⁠

BOIL vs XLEX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BOIL vs XLEX Cost

Overpaying BOIL vs XLEX

$8,828

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BOIL 0.95%

    $17,869

  • XLEX 0.45%

    $9,041

$10,000
30 years

Cost over time

  • BOIL 0.95%
  • XLEX 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BOIL $17,869XLEX $9,041

Year by year

YearBOILXLEXOverpaying
10$1,678$812$866
20$6,322$3,128$3,194
30$17,869$9,041$8,828

Expense ratio

  • 0.95%BOIL
  • 0.45%XLEX, cheaper
  • Middle half of 2x/3x Long Energy funds
  • Median 0.94%

XLEX cheapest of 6 funds

BOIL 4th cheapest of 6 funds

BOIL vs XLEX Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
BOIL None
XLEX None

Distribution history

BOILAll BOIL payments⁠

No distribution history available.

XLEXAll XLEX payments⁠

No distribution history available.

BOIL vs XLEX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BOIL 94.9%XLEX No data
Return per unit of riskSharpe ratio, 3 years
BOIL −0.82XLEX No data
Worst fallMax drawdown, 5 years
BOIL −99.9%XLEX No data
Market sensitivityBeta, 5 years
BOIL 3.18XLEX 2.55

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