ProShares Ultra Bloomberg Natural Gas ETF vs Vale SA — how do they compare? ProShares Ultra Bloomberg Natural Gas ETF trades at $20.78, while Vale SA trades at $14.39 (market cap $61.97B). The key difference: Vale SA pays a 8.35% dividend while ProShares Ultra Bloomberg Natural Gas ETF pays none, and Vale SA 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 | VALE | |
|---|---|---|
Sector | Leveraged / Inverse | Basic Materials |
52-Week High | $87.24 | $17.82 |
52-Week Low | $18.74 | $9.71 |
Market Cap | — | $61.97B |
Enterprise Value | — | $78.22B |
Dividend Yield | — | 8.35% |
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 →Vale is the world's largest iron ore miner and one of the largest diversified miners, along with BHP and Rio Tinto. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets, with minor contributions from iron ore proxies, including manganese and coal. The base metals division is much smaller, primarily consisting of nickel mines and smelters with a small contribution from copper.
Read more on VALE →