Name of ETF: ProShares Ultra Bloomberg Natural Gas
Benchmark Index: Bloomberg Natural Gas Subindex
Ticker Symbol: BOIL
Daily Target: 2x (daily performance of benchmark index)
Underlying Commodity Exposure: This ETF allows investors to take a leveraged position on the Bloomberg Natural Gas Subindex. In the case of this ETF, the multiplier is 2x (200%). This means the ETF is seeking a daily target equal to 200% of the Bloomberg Natural Gas Subindex.