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Upturn AI SWOT - About
ProShares UltraShort Bloomberg Natural Gas (KOLD)
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Upturn Advisory Summary
03/11/2025: KOLD (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit -48.59% | Avg. Invested days 20 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/11/2025 |
Key Highlights
Volume (30-day avg) 9444271 | Beta -6.93 | 52 Weeks Range 16.20 - 85.20 | Updated Date 04/2/2025 |
52 Weeks Range 16.20 - 85.20 | Updated Date 04/2/2025 |
Upturn AI SWOT
ProShares UltraShort Bloomberg Natural Gas
ETF Overview
Overview
ProShares UltraShort Bloomberg Natural Gas (KOLD) seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Natural Gas Subindex.
Reputation and Reliability
ProShares is a well-known issuer of leveraged and inverse ETFs, recognized for its experience in providing sophisticated investment solutions.
Management Expertise
ProShares has a dedicated team of investment professionals with experience in managing complex ETF products.
Investment Objective
Goal
The ETF aims to deliver two times the inverse of the daily performance of the Bloomberg Natural Gas Subindex.
Investment Approach and Strategy
Strategy: The ETF employs a leveraged inverse strategy, using financial instruments such as swap agreements to achieve its objective.
Composition The ETF primarily holds swap agreements and other derivatives linked to the Bloomberg Natural Gas Subindex.
Market Position
Market Share: Data unavailable to calculate market share accurately.
Total Net Assets (AUM): 72110000
Competitors
Key Competitors
- ProShares Short Bloomberg Natural Gas (GASX)
- United States Natural Gas Fund LP (UNG)
- MicroSectors U.S. Big Oil Index 3x Leveraged ETN (NRGU)
Competitive Landscape
The competitive landscape includes other inverse and leveraged natural gas ETFs. KOLD offers a -2x leverage, which can be an advantage for those seeking higher returns but also increases risk. Other funds track the natural gas price directly or offer different leverage ratios, catering to various risk appetites.
Financial Performance
Historical Performance: Historical performance is highly volatile and dependent on natural gas price fluctuations. Returns are generally negative over longer periods due to the effects of compounding and leverage.
Benchmark Comparison: The ETF's performance should be compared against two times the inverse of the Bloomberg Natural Gas Subindex's daily performance.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
The ETF exhibits moderate liquidity with an average daily trading volume of around 1.78e6 shares.
Bid-Ask Spread
The bid-ask spread typically fluctuates but remains relatively small, usually between 0.01 and 0.05 dollars.
Market Dynamics
Market Environment Factors
Natural gas prices are influenced by weather patterns, storage levels, production, and geopolitical events, impacting the ETF's performance.
Growth Trajectory
The ETF's growth is contingent on natural gas price trends; it's designed for short-term tactical trading rather than long-term investment. Significant changes to holdings are not expected beyond those required to maintain the -2x leverage.
Moat and Competitive Advantages
Competitive Edge
KOLD's advantage lies in its -2x leverage, offering magnified inverse exposure to natural gas prices. This appeals to traders seeking to profit from short-term declines in natural gas. The ETF's established presence and liquidity within the leveraged/inverse natural gas space provide further advantages. ProShares' reputation as a provider of these products also contributes to its attractiveness. However, the leveraged nature also means higher risks.
Risk Analysis
Volatility
The ETF is highly volatile due to its leveraged nature and the inherent volatility of natural gas prices.
Market Risk
Significant market risk exists due to fluctuations in natural gas prices; the ETF is subject to substantial losses if natural gas prices rise.
Investor Profile
Ideal Investor Profile
The ideal investor is an experienced trader with a high-risk tolerance and a short-term investment horizon who seeks to profit from anticipated declines in natural gas prices.
Market Risk
The ETF is best suited for active traders and is not appropriate for long-term investors due to the effects of compounding and the high volatility.
Summary
ProShares UltraShort Bloomberg Natural Gas (KOLD) is a leveraged inverse ETF designed for short-term trading in natural gas. It seeks to deliver two times the inverse of the daily performance of the Bloomberg Natural Gas Subindex. The ETF is highly volatile and carries significant risks, making it unsuitable for long-term investors. KOLD is appropriate for experienced traders seeking to profit from short-term declines in natural gas prices. Due to compounding, KOLD often underperforms during neutral or rising market conditions for natural gas.
Similar Companies
BOIL
ProShares Ultra Bloomberg Natural Gas
BOIL
ProShares Ultra Bloomberg Natural Gas
FCG
First Trust Natural Gas ETF
FCG
First Trust Natural Gas ETF
NRGU
MicroSectors U.S. Big Oil Index 3X Leveraged ETNs
NRGU
MicroSectors U.S. Big Oil Index 3X Leveraged ETNs
UNG
United States Natural Gas Fund LP
UNG
United States Natural Gas Fund LP
Sources and Disclaimers
Data Sources:
- ProShares
- Bloomberg
- Yahoo Finance
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investing in leveraged and inverse ETFs involves significant risks, including the potential loss of principal. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares UltraShort Bloomberg Natural Gas
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to meet its investment objective by investing in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies 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).
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