With a 238% YTD return, Boil is the top performing ETF so far this year. The Boil ETF is a double leveraged ETF that invests in Natural Gas Futures. The price for natural gas has reached its highest point since 2008.
ETF Newz Says: Supply chain disruptions, storage issues, rising demand and the ongoing impact of the COVID-19 pandemic have caused natural gas prices to explode this year. The recent surge in Natural Gas has to do with the EU applying more sanctions on Russia. Recently we have seen some outflows from the ETF, but Boil is nearing its 52 week high, after the most recent catalyst involving Russia.