NCZ vs BOIL

Comparison between Virtus Convertible & Income Fund II (NCZ, ETF) and ProShares Ultra Bloomberg Natural Gas 2x Shares (BOIL, ETF).

5-Year PerformanceNCZ has outperformed BOIL, delivering a return of +5.6% compared to -69.4%

NCZ vs BOIL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NCZ(ETF)	BOIL(ETF)
Net Assets	$336M	$334M
Max Drawdown	85.64%	100.00%
Sharpe Ratio	1.44	-0.77
5Y Beta	0.80	0.00
5Y Dividends CAGR	-4.36%	N/A

Net Assets

Winner

NCZ

$336M

BOIL

$334M

Max Drawdown

Winner

NCZ

85.64%

BOIL

100.00%

Sharpe Ratio

Winner

NCZ

1.44

BOIL

-0.77

5Y Beta

NCZ

0.80

Winner

BOIL

0.00

5Y Dividends CAGR

NCZ

-4.36%

BOIL

N/A

NCZ vs BOIL - Historical Returns

Returns include dividend reinvestment.

Period	NCZ	BOIL
1 month	-1.81%	-22.57%
3 months	+6.87%	-20.09%
6 months	+14.00%	-59.33%
1 year	+29.31%	-73.86%
5 years(CAGR)	+5.63%	-69.37%
10 years(CAGR)	+8.23%	-58.53%
Max(CAGR)	+6.10%	-57.86%

Winner

NCZ

-1.81%

BOIL

-22.57%

Winner

NCZ

+6.87%

BOIL

-20.09%

Winner

NCZ

+14.00%

BOIL

-59.33%

Winner

NCZ

+29.31%

BOIL

-73.86%

5Y(CAGR)

Winner

NCZ

+5.63%

BOIL

-69.37%

10Y(CAGR)

Winner

NCZ

+8.23%

BOIL

-58.53%

Max(CAGR)

Winner

NCZ

+6.10%

BOIL

-57.86%

NCZ vs BOIL - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	NCZ	BOIL
2026	+17.77%	-49.17%
2025	+23.56%	-59.65%
2024	+19.58%	-62.62%
2023	+16.86%	-90.04%
2022	-35.66%	-35.60%
2021	+10.11%	+18.48%
2020	+11.35%	-73.53%
2019	+22.29%	-66.77%
2018	-18.47%	-23.61%
2017	+23.36%	-57.38%
2016	+29.64%	+5.57%
2015	-34.67%	-71.16%
2014	+10.11%	-60.91%
2013	+24.09%	+7.17%
2012	+9.02%	-61.55%
2011	-6.63%	-48.09%
2010	+25.37%	N/A
2009	+111.32%	N/A
2008	-61.60%	N/A
2007	-12.60%	N/A
2006	+22.86%	N/A
2005	+0.13%	N/A
2004	+12.68%	N/A
2003	+6.87%	N/A

NCZ vs BOIL Drawdown Comparison

The maximum drawdown for NCZ was -79.41%, occurring on Nov 21, 2008. Recovery took 926 trading sessions.

The maximum drawdown for BOIL was -100.00%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The current NCZ drawdown is -1.81%. The current BOIL drawdown is -100.00%.

Rank	NCZ	BOIL
#1	-79.41% Jun 4, 2007 - Feb 3, 2011	-100.00% Oct 14, 2011 - Jul 20, 2026
#2	-56.04% Feb 19, 2020 - Dec 4, 2020	-5.86% Oct 6, 2011 - Oct 14, 2011
#3	-50.80% Jul 3, 2014 - Jun 8, 2018	N/A
#4	-43.93% Nov 8, 2021 - Sep 10, 2025	N/A
#5	-30.38% Sep 14, 2018 - Feb 18, 2020	N/A
#6	-26.78% Jun 3, 2011 - Sep 12, 2012	N/A
#7	-17.42% Apr 2, 2004 - Sep 13, 2004	N/A
#8	-13.07% Oct 8, 2012 - Jan 25, 2013	N/A
#9	-11.95% Feb 13, 2026 - Apr 9, 2026	N/A
#10	-11.62% Dec 28, 2004 - Jul 14, 2005	N/A
#11	-8.85% Feb 12, 2021 - Jun 11, 2021	N/A
#12	-8.61% May 20, 2013 - Oct 11, 2013	N/A
#13	-7.41% Sep 6, 2005 - Jan 10, 2006	N/A
#14	-6.84% Mar 9, 2011 - May 27, 2011	N/A
#15	-6.39% Nov 3, 2025 - Dec 24, 2025	N/A

Correlation

Correlation between NCZ and BOIL is -0.41 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.41

-101