DDGProShares Short Oil & Gas
DDG Fund Description
DDG provides inverse exposure to a market-cap-weighted index that tracks the performance of large US oil and gas companies.
DDG Factset Analytics Insight
DDG is an inverse play on the Dow Jones US Oil and Gas Index—a market-cap-weighted index that typically includes oil and gas producers, as well as companies that engage in oil equipment and services. DDG rebalances on a daily basis, exposing the fund to issues of path dependency and compounding. As a result, the fund’s long-term returns are difficult to predict when compared with its underlying index. In short, the fund is designed to be a short-term trading vehicle, not a long-term investment.
DDG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DDG. DDG is rated a N/A out of 5.