DIGProShares Ultra Oil & Gas
DIG Fund Description
DIG tracks the performance of large US oil and gas companies.
DIG Factset Analytics Insight
DIG provides 2x leveraged exposure to the Dow Jones U.S. Oil & Gas Index—a market-cap-weighted index of US oil and gas companies as classified by Dow Jones. That is a very concentrated market, and DIG is especially capturing exposure to industry giants Exxon and Chevron. The fund is expensive, but of course, DIG isn't designed to be a long-term investment vehicle. The fund rebalances its exposure daily. As a result, path dependency and compounding make its long-term returns difficult to predict when compared with its underlying index. Still, DIG is a favorite of traders, with strong volume and small spreads.
DIG MSCI ESG Analytics Insight
ProShares Ultra Oil & Gas has an MSCI ESG Fund Rating of BBB based on a score of 5.13 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares Ultra Oil & Gas ranks in the 43th percentile within its peer group and in the 51st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
DIG CHARTS AND PERFORMANCE
DIG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DIG. DIG is rated a N/A out of 5.