DIG

ProShares Ultra Energy

$38.26

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The ProShares Ultra Energy ETF (DIG) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Dow Jones U.S. Oil & Gas Index.

Overview

ETF tracking ProShares Ultra Energy

Category Leveraged

Issuer ProShares

Inception Date 2008-11-12

Market Cap $72.8M

Average Volume N/A

Dividend Yield 2.63%

52-Week Range $27.65 - $46.47

VWAP $37.84

Performance

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Investment Summary

📎 Investment Objective

The ProShares Ultra Energy ETF (DIG) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Dow Jones U.S. Oil & Gas Index.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swaps, to provide leveraged exposure to the energy sector. It aims to deliver 2x the daily returns of its underlying index.

✨ Key Features

Provides 2x the daily performance of the Dow Jones U.S. Oil & Gas Index
Utilizes leverage to amplify the returns of the energy sector
Resets its leverage daily, which can lead to compounding effects over longer holding periods
Has a low expense ratio of 0.00%

⚠️ Primary Risks

Significant volatility and risk of loss due to the leveraged nature of the fund
Potential for large losses if the underlying index declines in value
Compounding effects can magnify losses over longer holding periods
Lack of performance history, as the fund has not been in existence for 1, 3, or 5 years

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors who seek to make short-term, speculative bets on the energy sector. It is not recommended for long-term, buy-and-hold investors due to the risks associated with its leveraged structure.