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ProShares Ultra Oil & Gas

DIG
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Today’s Change
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Snapshot
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Inception Date
Jan 30 2007
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$4,189,411
AUM
$138,615,168
Associated Index
Dow Jones US Oil & Gas Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

XOM
Exxon Mobil Corp.
20.60%
n/a
Net Other Assets (Liabilities)
19.19%
CVX
Chevron Corp.
13.51%
COP
Conoco Phillips
6.00%
SLB
SLB
3.37%
EOG
EOG Resources, Inc.
3.26%
MPC
Marathon Petroleum Corp
2.44%
PXD
Pioneer Natural Resources Co.
2.32%
VLO
Valero Energy Corp.
2.21%
PSX
Phillips 66
2.07%
Invest with DIG

What is DIG?

ProShares Ultra Oil & Gas seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index

ETFs related toDIG

ETFs correlated to DIG include FENY, VDE, DRLL

DIG
ProShares Trust - ProShares Ultra Oil & Gas 2X Shares
FENY
Fidelity Covington Trust - Fidelity MSCI Energy Index ETF
VDE
Vanguard Group, Inc. - Vanguard Energy ETF
DRLL
EA Series Trust - Strive U.S. Energy ETF
ERX
Direxion Shares ETF Trust - Direxion Daily Energy Bull 2X Shares
IYE
BlackRock Institutional Trust Company N.A. - iShares U.S. Energy ETF
XLE
SSgA Active Trust - The Energy Select Sector SPDR Fund
OILU
Bank of Montreal - MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETNs
RYE
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Energy ETF
IXC
BlackRock Institutional Trust Company N.A. - iShares Global Energy ETF
NRGU
Bank of Montreal - MicroSectors U.S. Big Oil Index 3X Leveraged ETNs

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDIG

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with DIG using Composer

FAQ

DIG is a US Equities ETF. ProShares Ultra Oil & Gas seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index

The top holdings for DIG include Exxon Mobil Corp., Net Other Assets (Liabilities), and Chevron Corp..

DIG has 51 total holdings.

DIG tracks the Dow Jones US Oil & Gas Index.

No, DIG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DIG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DIG is 0.0119%. This is the percent change in the value of DIG over the most recent 1-month period. The 3-month return on DIG is -0.0987%. This is the percent change in the value of DIG over the most recent 3-month period.

The standard deviation of DIG for the past year is 0.6991%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DIG include SH, SDS, and PSQ.

ETFs correlated to DIG include FENY, VDE, and DRLL.

ETFs that are inversely correlated to DIG include DUG, ERY, and OILD.

Yes, DIG is a Leveraged (2x) ETF: This means that DIG will try to match the performance of Dow Jones US Oil & Gas Index, but with 2x the returns.

Yes, DIG is a Leveraged (2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of Dow Jones US Oil & Gas Index, but move 2x in the opposite direction.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.