BOIL Logarithmic Since Inception Do Not Buy and Hold
BOIL is designed to be used for short term trading and only truly tracks natural gas on a intraday basis.
BOIL decays because it is a commodity ETF and leveraged ETF.
Commodity ETFs have to roll futures contracts, natural gas is typically in contango causing BOIL to decay.
Leveraged ETFs re-balance each day to maintain the leverage, re-balancing results in volatility decay.
BOIL can be used for short term trading but as you can see by this chart should not be held for long periods of time.
Do Not Buy and Hold
BOIL decays because it is a commodity ETF and leveraged ETF.
Commodity ETFs have to roll futures contracts, natural gas is typically in contango causing BOIL to decay.
Leveraged ETFs re-balance each day to maintain the leverage, re-balancing results in volatility decay.
BOIL can be used for short term trading but as you can see by this chart should not be held for long periods of time.
Do Not Buy and Hold
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。