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
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of May 23, 2019 the ProShares Ultra Oil & Gas MSCI ESG Fund Quality Score is 5.17 out of 10.
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. DIG ranks in the 0th percentile within its peer group and in the 43th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
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 5 out of 5.