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ProShares Ultra Oil & Gas (DIG)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US74347G7051
CUSIP
74347G705
Issuer
ProShares
Inception Date
Jan 30, 2007
Region
North America (U.S.)
Leveraged
2x
Index Tracked
Dow Jones U.S. Oil & Gas Index (200%)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Value

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares Ultra Oil & Gas, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

ProShares Ultra Oil & Gas (DIG) has returned 85.56% so far this year and 61.85% over the past 12 months. Over the last ten years, DIG has returned 8.22% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


ProShares Ultra Oil & Gas

1D
-2.11%
1M
20.66%
YTD
85.56%
6M
84.85%
1Y
61.85%
3Y*
23.97%
5Y*
36.31%
10Y*
8.22%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 1, 2007, DIG's average daily return is +0.07%, while the average monthly return is +1.27%. At this rate, your investment would double in approximately 4.6 years.

Historically, 56% of months were positive and 44% were negative. The best month was Apr 2020 with a return of +63.4%, while the worst month was Mar 2020 at -66.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.

On a daily basis, DIG closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +36.3%, while the worst single day was Mar 9, 2020 at -38.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202628.93%19.28%20.66%85.56%
20253.91%6.68%6.25%-28.37%1.79%8.85%4.78%6.68%-1.30%-3.48%4.72%-1.43%2.73%
2024-1.99%5.50%21.29%-2.47%-1.19%-3.74%3.65%-5.17%-6.67%1.20%14.91%-18.69%0.93%
20234.73%-14.36%-2.10%4.61%-19.77%12.96%15.18%2.45%4.00%-12.16%-2.52%-0.60%-13.04%
202236.99%14.21%18.65%-4.64%29.64%-31.82%20.31%5.66%-19.02%50.69%1.43%-8.46%125.34%
20217.05%46.06%5.31%0.69%11.33%8.80%-16.45%-3.87%18.09%21.67%-10.37%3.82%115.63%

Benchmark Metrics

ProShares Ultra Oil & Gas has an annualized alpha of -2.98%, beta of 2.11, and R² of 0.52 versus S&P 500 Index. Calculated based on daily prices since February 02, 2007.

  • This ETF captured 198.48% of S&P 500 Index gains and 181.96% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • This ETF had an annualized alpha of -2.98% versus S&P 500 Index — delivering less than market exposure alone would predict.
  • Beta of 2.11 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

Alpha
-2.98%
Beta
2.11
0.52
Upside Capture
198.48%
Downside Capture
181.96%

Expense Ratio

DIG has a high expense ratio of 0.95%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

DIG ranks 62 for risk / return — better than 62% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


DIG Risk / Return Rank: 6262
Overall Rank
DIG Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
DIG Sortino Ratio Rank: 6565
Sortino Ratio Rank
DIG Omega Ratio Rank: 6565
Omega Ratio Rank
DIG Calmar Ratio Rank: 7070
Calmar Ratio Rank
DIG Martin Ratio Rank: 4040
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ProShares Ultra Oil & Gas (DIG) and compare them to a chosen benchmark (S&P 500 Index).


DIGBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.26

0.90

+0.36

Sortino ratio

Return per unit of downside risk

1.68

1.39

+0.30

Omega ratio

Gain probability vs. loss probability

1.25

1.21

+0.04

Calmar ratio

Return relative to maximum drawdown

1.85

1.40

+0.45

Martin ratio

Return relative to average drawdown

3.79

6.61

-2.82

Explore DIG risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

ProShares Ultra Oil & Gas provided a 1.34% dividend yield over the last twelve months, with an annual payout of $0.90 per share.


1.00%1.50%2.00%2.50%3.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.90$0.95$1.13$0.22$0.57$0.43$0.29$0.87$0.67$0.87$0.59$0.58

Dividend yield

1.34%2.62%3.13%0.61%1.33%2.24%3.18%2.72%2.30%1.76%1.09%1.56%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares Ultra Oil & Gas. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.21$0.21
2025$0.00$0.00$0.26$0.00$0.00$0.20$0.00$0.00$0.26$0.00$0.00$0.23$0.95
2024$0.00$0.00$0.24$0.00$0.00$0.31$0.00$0.00$0.29$0.00$0.00$0.29$1.13
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.22$0.22
2022$0.00$0.00$0.20$0.00$0.00$0.11$0.00$0.00$0.00$0.00$0.00$0.26$0.57
2021$0.00$0.00$0.11$0.00$0.00$0.08$0.00$0.00$0.10$0.00$0.00$0.14$0.43

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Ultra Oil & Gas. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ProShares Ultra Oil & Gas was 97.04%, occurring on Mar 23, 2020. The portfolio has not yet recovered.

The current ProShares Ultra Oil & Gas drawdown is 45.64%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-97.04%May 21, 20082980Mar 23, 2020
-30.73%Jan 4, 200823Feb 6, 200849Apr 17, 200872
-24.48%Jul 20, 200720Aug 16, 200724Sep 20, 200744
-19.2%Oct 19, 200727Nov 27, 200720Dec 26, 200747
-12.38%Feb 27, 20075Mar 5, 200713Mar 22, 200718

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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