KOLD vs FRNW

Comparison between ProShares UltraShort Bloomberg Natural Gas -2x Shares (KOLD, ETF) and FIDELITY CLEAN ENERGY ETF (FRNW, ETF).

5-Year PerformanceFRNW has outperformed KOLD, delivering a return of +1.0% compared to -40.6%

KOLD vs FRNW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KOLD(ETF)	FRNW(ETF)
Net Assets	$141M	$141M
Expense Ratio	N/A	0.39%
Max Drawdown	99.45%	60.67%
Sharpe Ratio	0.52	2.09
5Y Beta	-0.06	0.85
P/E Ratio	N/A	-3.77
Forward P/E	N/A	21.48
PEG Ratio	N/A	-0.00
Debt to Equity	N/A	-146.48%
P/S Ratio	N/A	0.82
P/B Ratio	N/A	4.82

Net Assets

Winner

KOLD

$141M

FRNW

$141M

Expense Ratio

KOLD

N/A

FRNW

0.39%

Max Drawdown

KOLD

99.45%

Winner

FRNW

60.67%

Sharpe Ratio

KOLD

0.52

Winner

FRNW

2.09

5Y Beta

Winner

KOLD

-0.06

FRNW

0.85

P/E Ratio

KOLD

N/A

FRNW

-3.77

Forward P/E

KOLD

N/A

FRNW

21.48

PEG Ratio

KOLD

N/A

FRNW

-0.00

Debt to Equity

KOLD

N/A

FRNW

-146.48%

P/S Ratio

KOLD

N/A

FRNW

0.82

P/B Ratio

KOLD

N/A

FRNW

4.82

KOLD vs FRNW - Historical Returns

Returns include dividend reinvestment.

Period	KOLD	FRNW
1 month	-13.89%	-1.12%
3 months	+4.85%	+15.36%
6 months	+7.07%	+23.94%
1 year	-4.38%	+73.01%
5 years(CAGR)	-40.55%	+1.04%
10 years(CAGR)	-26.03%	N/A
Max(CAGR)	-13.35%	+1.04%

KOLD

-13.89%

Winner

FRNW

-1.12%

KOLD

+4.85%

Winner

FRNW

+15.36%

KOLD

+7.07%

Winner

FRNW

+23.94%

KOLD

-4.38%

Winner

FRNW

+73.01%

5Y(CAGR)

KOLD

-40.55%

Winner

FRNW

+1.04%

10Y(CAGR)

KOLD

-26.03%

FRNW

N/A

Max(CAGR)

KOLD

-13.35%

Winner

FRNW

+1.04%

KOLD vs FRNW - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	KOLD	FRNW
2026	-40.29%	+20.31%
2025	-16.28%	+48.65%
2024	-6.65%	-19.59%
2023	+196.10%	-19.15%
2022	-87.90%	-12.49%
2021	-73.27%	-2.85%
2020	+17.02%	N/A
2019	+78.65%	N/A
2018	-44.23%	N/A
2017	+44.29%	N/A
2016	-52.07%	N/A
2015	+75.01%	N/A
2014	+22.91%	N/A
2013	-36.06%	N/A
2012	+7.38%	N/A
2011	+75.57%	N/A

KOLD vs FRNW Drawdown Comparison

The maximum drawdown for KOLD was -99.45%, occurring on Aug 22, 2022. This drawdown has not yet recovered.

The maximum drawdown for FRNW was -59.37%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current KOLD drawdown is -97.42%. The current FRNW drawdown is -9.27%.

Rank	KOLD	FRNW
#1	-99.45% Jun 25, 2020 - Aug 22, 2022	-59.37% Nov 1, 2021 - Apr 8, 2025
#2	-87.03% Mar 3, 2016 - Jun 25, 2020	-1.71% Oct 7, 2021 - Oct 12, 2021
#3	-85.48% Apr 19, 2012 - Mar 3, 2016	-1.39% Oct 21, 2021 - Oct 25, 2021
#4	-30.56% Jan 19, 2012 - Mar 6, 2012	-0.52% Oct 25, 2021 - Oct 27, 2021
#5	-9.69% Nov 16, 2011 - Dec 7, 2011	-0.26% Oct 28, 2021 - Nov 1, 2021
#6	-8.31% Mar 12, 2012 - Mar 26, 2012	-0.19% Oct 15, 2021 - Oct 19, 2021
#7	-7.76% Dec 30, 2011 - Jan 10, 2012	N/A
#8	-7.63% Oct 7, 2011 - Oct 26, 2011	N/A
#9	-6.87% Oct 27, 2011 - Nov 2, 2011	N/A
#10	-5.16% Mar 30, 2012 - Apr 5, 2012	N/A
#11	-3.30% Dec 19, 2011 - Dec 23, 2011	N/A
#12	-1.99% Dec 12, 2011 - Dec 14, 2011	N/A
#13	-1.95% Apr 5, 2012 - Apr 10, 2012	N/A
#14	-1.84% Dec 7, 2011 - Dec 9, 2011	N/A
#15	-1.51% Nov 7, 2011 - Nov 9, 2011	N/A