ProShares Ultra Bloomberg Natural Gas ETF vs Fortinet Inc — how do they compare? ProShares Ultra Bloomberg Natural Gas ETF trades at $20.67, while Fortinet Inc trades at $160.9 (market cap $118.78B). The key difference: Fortinet Inc is trading nearer its 52-week high, ProShares Ultra Bloomberg Natural Gas ETF nearer its low. Which is the better fit depends on your goals.
| BOIL | FTNT | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $87.24 | $168.29 |
52-Week Low | $18.74 | $75.23 |
Market Cap | — | $118.78B |
Enterprise Value | — | $115.21B |
Trailing returns across standard periods
BOIL is a leveraged ETF that seeks to provide two times (2x) the daily performance of the Bloomberg Natural Gas Subindex. It uses futures contracts to offer magnified exposure to natural gas price movements.
Read more on BOIL →Fortinet is a cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2021, products were 38% of revenue and services were 62% of sales. The California-based company sells products worldwide.
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