DWAS vs BOIL

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

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

DWAS vs BOIL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

DWAS

$417M

Winner

BOIL

$420M

Expense Ratio

DWAS

0.60%

BOIL

N/A

Max Drawdown

Winner

DWAS

46.16%

BOIL

100.00%

Sharpe Ratio

Winner

DWAS

1.66

BOIL

-0.74

5Y Beta

DWAS

1.24

Winner

BOIL

0.00

P/E Ratio

DWAS

450.90

BOIL

N/A

Forward P/E

DWAS

17.60

BOIL

N/A

5Y Dividends CAGR

DWAS

25.43%

BOIL

N/A

5Y EPS CAGR

DWAS

13.92%

BOIL

N/A

Debt to Equity

DWAS

4.72%

BOIL

N/A

P/S Ratio

DWAS

1.83

BOIL

N/A

P/B Ratio

DWAS

3.91

BOIL

N/A

DWAS vs BOIL - Historical Returns

Returns include dividend reinvestment.

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

DWAS

+8.34%

Winner

BOIL

+11.30%

Winner

DWAS

+27.00%

BOIL

-12.36%

Winner

DWAS

+23.04%

BOIL

-35.19%

Winner

DWAS

+47.65%

BOIL

-74.37%

5Y(CAGR)

Winner

DWAS

+7.75%

BOIL

-65.44%

10Y(CAGR)

Winner

DWAS

+13.91%

BOIL

-57.70%

Max(CAGR)

Winner

DWAS

+12.58%

BOIL

-57.32%

DWAS vs BOIL - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

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

DWAS vs BOIL Drawdown Comparison

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

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

The current BOIL drawdown is -100.00%.

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

Correlation

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

-0.58

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