BOIL vs DWAS

Comparison between ProShares Ultra Bloomberg Natural Gas 2x Shares (BOIL, ETF) and INVESCO DORSEY WRIGHT SMALLCAP MOMENTUM ETF (DWAS, ETF).

5-Year PerformanceDWAS has outperformed BOIL, delivering a return of +7.8% compared to -65.4%

BOIL vs DWAS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BOIL(ETF)	DWAS(ETF)
Net Assets	$420M	$417M
Expense Ratio	N/A	0.60%
Max Drawdown	100.00%	46.16%
Sharpe Ratio	-0.74	1.66
5Y Beta	0.00	1.24
P/E Ratio	N/A	450.90
Forward P/E	N/A	17.60
5Y Dividends CAGR	N/A	25.43%
5Y EPS CAGR	N/A	13.92%
Debt to Equity	N/A	4.72%
P/S Ratio	N/A	1.83
P/B Ratio	N/A	3.91

Net Assets

Winner

BOIL

$420M

DWAS

$417M

Expense Ratio

BOIL

N/A

DWAS

0.60%

Max Drawdown

BOIL

100.00%

Winner

DWAS

46.16%

Sharpe Ratio

BOIL

-0.74

Winner

DWAS

1.66

5Y Beta

Winner

BOIL

0.00

DWAS

1.24

P/E Ratio

BOIL

N/A

DWAS

450.90

Forward P/E

BOIL

N/A

DWAS

17.60

5Y Dividends CAGR

BOIL

N/A

DWAS

25.43%

5Y EPS CAGR

BOIL

N/A

DWAS

13.92%

Debt to Equity

BOIL

N/A

DWAS

4.72%

P/S Ratio

BOIL

N/A

DWAS

1.83

P/B Ratio

BOIL

N/A

DWAS

3.91

BOIL vs DWAS - Historical Returns

Returns include dividend reinvestment.

Period	BOIL	DWAS
1 month	+11.30%	+8.34%
3 months	-12.36%	+27.00%
6 months	-35.19%	+23.04%
1 year	-74.37%	+47.65%
5 years(CAGR)	-65.44%	+7.75%
10 years(CAGR)	-57.70%	+13.91%
Max(CAGR)	-57.32%	+12.58%

Winner

BOIL

+11.30%

DWAS

+8.34%

BOIL

-12.36%

Winner

DWAS

+27.00%

BOIL

-35.19%

Winner

DWAS

+23.04%

BOIL

-74.37%

Winner

DWAS

+47.65%

5Y(CAGR)

BOIL

-65.44%

Winner

DWAS

+7.75%

10Y(CAGR)

BOIL

-57.70%

Winner

DWAS

+13.91%

Max(CAGR)

BOIL

-57.32%

Winner

DWAS

+12.58%

BOIL vs DWAS - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	BOIL	DWAS
2026	-34.35%	+27.86%
2025	-59.65%	+5.36%
2024	-62.62%	+10.82%
2023	-90.04%	+19.26%
2022	-35.60%	-18.67%
2021	+18.48%	+21.67%
2020	-73.53%	+32.57%
2019	-66.77%	+31.24%
2018	-23.61%	-10.85%
2017	-57.38%	+20.42%
2016	+5.57%	+12.06%
2015	-71.16%	-2.33%
2014	-60.91%	-0.06%
2013	+7.17%	+45.26%
2012	-61.55%	+6.63%
2011	-48.09%	N/A

BOIL vs DWAS Drawdown Comparison

The maximum drawdown for BOIL was -100.00%, occurring on Apr 29, 2026. This drawdown has not yet recovered.

The maximum drawdown for DWAS was -46.16%, occurring on Mar 18, 2020. Recovery took 115 trading sessions.

The current BOIL drawdown is -100.00%.

Rank	BOIL	DWAS
#1	-100.00% Oct 14, 2011 - Apr 29, 2026	-46.16% Feb 20, 2020 - Aug 4, 2020
#2	-5.86% Oct 6, 2011 - Oct 14, 2011	-33.83% Nov 11, 2024 - Jan 22, 2026
#3	N/A	-33.68% Nov 8, 2021 - Nov 6, 2024
#4	N/A	-32.51% Aug 31, 2018 - Feb 19, 2020
#5	N/A	-29.53% Jul 22, 2015 - Jun 8, 2017
#6	N/A	-19.92% Mar 4, 2014 - Mar 16, 2015
#7	N/A	-16.92% Feb 9, 2021 - Nov 1, 2021
#8	N/A	-12.55% Nov 1, 2012 - Jan 4, 2013
#9	N/A	-10.14% Oct 13, 2020 - Nov 5, 2020
#10	N/A	-10.02% Feb 26, 2026 - Apr 8, 2026
#11	N/A	-8.74% Mar 12, 2018 - May 18, 2018
#12	N/A	-8.58% Aug 19, 2020 - Oct 5, 2020
#13	N/A	-8.30% Dec 26, 2013 - Feb 26, 2014
#14	N/A	-7.73% Jan 23, 2018 - Mar 7, 2018
#15	N/A	-6.83% Apr 23, 2015 - Jun 18, 2015

Correlation

Correlation between BOIL and DWAS is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

-101