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 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.