(KOLD) ProShares UltraShort - NYSE
ETF Category: Trading--Inverse Commodities | Exchange: NYSE (USA) | Market Cap: 164m USD | Total Return: -15% in 12m
Avg Turnover: 82.1M
Warnings
Tailwinds
No distinct edge detected
Seasonality
The ProShares UltraShort Bloomberg Natural Gas (KOLD) is an inverse exchange-traded fund designed to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the Bloomberg Natural Gas Subindex. The fund primarily achieves this exposure through natural gas futures contracts but maintains the flexibility to utilize swap agreements during periods of market illiquidity or extreme volatility.
Natural gas prices are historically subject to high seasonal volatility driven by weather patterns and industrial demand cycles. Unlike long-term equity investments, inverse commodity ETFs are structured as tactical trading tools rather than buy-and-hold assets due to the effects of daily compounding and contract roll costs. Investors can examine detailed historical performance trends for this ticker on ValueRay to better understand these mechanics.
- Henry Hub natural gas spot prices decline on oversupply
- Domestic production increases outpace storage withdrawal rates
- Mild winter weather forecasts reduce residential heating demand
- Leveraged inverse exposure amplifies daily natural gas futures volatility
As of June 29, 2026, the stock is trading at USD 21.78 with a total of 5,508,015 shares traded. Over the past week, the price has changed by -1.89%, over one month by +0.74%, over three months by -0.41% and over the past year by -14.96%.
Current recommended Stop Loss: 19.90 (which is 8.6% or 1.4 ATR below the current price).
ProShares UltraShort has no consensus analysts rating.