DUGProShares UltraShort Oil & Gas
DUG Fund Description
DUG tracks the performance of large US oil and gas companies.
DUG Factset Analytics Insight
DUG provides -2x daily exposure to the Dow Jones U.S. Oil & Gas Index. The fund provides a unique play on a market-cap-weighted index of US energy companies—the same index tracked by iShares' IYE. Keep in mind that the fund rebalances daily. As a result, compounding and path dependency lead to a lack of predictability in the fund's long-term returns—especially when compared with something like IYE. As a result of its short holding period, trading is the major source of costs with DUG. Fortunately, volume is decent and spreads are low, so it shouldn't be hard to enter and exit the position. Like its peers in the leveraged space, DUG charges a high fee, but it won't be a major source of costs for its target audience.
DUG CHARTS AND PERFORMANCE
DUG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DUG. DUG is rated a 5 out of 5.