KOLD

ProShares UltraShort Bloomberg Natural Gas
*Unless otherwise stated, data provided by FactSet.

KOLD Fund Description

KOLD provides daily -2x exposure to an index that tracks natural gas by holding one second month futures contract at a time.

KOLD Factset Analytics Insight

KOLD provides two times the inverse exposure to the performance of a futures contract on natural gas for one day. The fund is therefore designed to be used as a tactical trading tool, to be held for no longer than one day. Investors using it as a buy-and-hold investment will be subject to the effects of compounding, which can and often will cause the fund to drift from its promised -2x exposure over longer holding periods. The fund's index weights contracts by both by liquidity (2/3) and US dollar-weighted production (1/3). It follows a pre-determined roll schedule, which rolls the expiring contracts into contracts that are about two months out. Investors should take note its trading costs rather than its holding costs, given its short-term nature.

PERFORMANCE [as of 09/24/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KOLD -43.06% -61.55% -78.96% -68.84% -35.12% -21.54% --
KOLD (NAV) -46.48% -60.82% -79.95% -67.99% -35.29% -22.38% --
Bloomberg Natural Gas Subindex 30.62% 49.22% 88.78% 33.56% -11.92% -13.19% -20.42%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KOLD Summary Data

ProShares
10/04/11
Commodities Pool
0.95%
$142.78M
0.11%

KOLD Portfolio Data

0.00%
N/A

KOLD Index Data

Single Asset
Single Asset
N/A

KOLD Fund Structure

Yes
No
-- / --
N/A
N/A
Low
-2
Daily

KOLD Tax Exposures

27.84% / 27.84%
--
Yes

KOLD Factset Analytics Block Liquidity

As of 09/27/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of KOLD. KOLD is rated a 5 out of 5.

KOLD Tradability

2,547,471
$32.18M
1,661,411
$25.60M
0.11%
$0.02
0.04%
4.15% / -5.17%
None
100.00%
50,000
33.23
0.03%
--
19,099
$9.55
5