5 Worst Performing Commodity ETFs in 2023

3. ProShares UltraShort Bloomberg Natural Gas (NYSE:KOLD)

5 Year Share Price Gains: -92.93%

ProShares UltraShort Bloomberg Natural Gas (NYSE:KOLD) is an inverse ETF that seeks to deliver twice the negative returns of a Bloomberg natural gas index. It has $103 million in net assets and has seen remarkable movements in its 52 week price range that stands between a near absolute low level of $9 to a high of $92.35. The fund is exposed to September 2023 natural gas futures and it was set up in 2011.