DUG

ProShares UltraShort Energy

$31.48

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

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

Overview

ETF tracking ProShares UltraShort Energy

Category Leveraged

Issuer ProShares

Inception Date 2008-11-12

Market Cap N/A

Average Volume N/A

Dividend Yield 4.25%

52-Week Range $31.42 - $48.55

VWAP $31.85

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

DUG uses a combination of financial instruments, such as futures contracts and swaps, to provide leveraged inverse exposure to the energy sector. The fund aims to generate returns that are twice the opposite of the underlying index's daily performance.

✨ Key Features

Provides 2x inverse (short) exposure to the energy sector
Designed for short-term trading and not suitable for long-term buy-and-hold investors
Employs leverage, which can magnify gains and losses
Tracks the Dow Jones U.S. Oil & Gas Index

⚠️ Primary Risks

Leveraged and inverse ETFs can be highly volatile and may not perform as expected over periods longer than a single day
Significant risk of loss, especially during periods of high market volatility
Tracking error risk, as the fund may not perfectly match the inverse performance of the underlying index
Counterparty risk associated with the use of derivatives

👤 Best For

DUG is intended for experienced, risk-tolerant investors who seek to profit from a decline in the energy sector and are willing to monitor the fund's performance on a daily basis. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.