DIG vs. ARMG
Compare and contrast key facts about ProShares Ultra Oil & Gas (DIG) and Leverage Shares 2X Long ARM Daily ETF (ARMG).
DIG and ARMG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIG is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Oil & Gas Index (200%). It was launched on Jan 30, 2007. ARMG is an actively managed fund by Leverage Shares. It was launched on Jan 14, 2025.
Performance
DIG vs. ARMG - Performance Comparison
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DIG vs. ARMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DIG ProShares Ultra Oil & Gas | 73.11% | -9.14% |
ARMG Leverage Shares 2X Long ARM Daily ETF | 64.91% | -61.80% |
Returns By Period
In the year-to-date period, DIG achieves a 73.11% return, which is significantly higher than ARMG's 64.91% return.
DIG
- 1D
- 1.01%
- 1M
- 10.26%
- YTD
- 73.11%
- 6M
- 76.22%
- 1Y
- 48.84%
- 3Y*
- 17.66%
- 5Y*
- 34.43%
- 10Y*
- 7.61%
ARMG
- 1D
- -7.84%
- 1M
- 40.51%
- YTD
- 64.91%
- 6M
- -21.79%
- 1Y
- 21.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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DIG vs. ARMG - Expense Ratio Comparison
DIG has a 0.95% expense ratio, which is higher than ARMG's 0.75% expense ratio.
Return for Risk
DIG vs. ARMG — Risk / Return Rank
DIG
ARMG
DIG vs. ARMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Oil & Gas (DIG) and Leverage Shares 2X Long ARM Daily ETF (ARMG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DIG | ARMG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 0.18 | +0.80 |
Sortino ratioReturn per unit of downside risk | 1.43 | 1.20 | +0.23 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.15 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.39 | 0.35 | +1.04 |
Martin ratioReturn relative to average drawdown | 2.83 | 0.63 | +2.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DIG | ARMG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.18 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | -0.26 | +0.26 |
Correlation
The correlation between DIG and ARMG is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
DIG vs. ARMG - Dividend Comparison
DIG's dividend yield for the trailing twelve months is around 1.44%, less than ARMG's 2.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIG ProShares Ultra Oil & Gas | 1.44% | 2.62% | 3.13% | 0.61% | 1.33% | 2.24% | 3.18% | 2.72% | 2.30% | 1.76% | 1.09% | 1.56% |
ARMG Leverage Shares 2X Long ARM Daily ETF | 2.95% | 4.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DIG vs. ARMG - Drawdown Comparison
The maximum DIG drawdown since its inception was -97.04%, which is greater than ARMG's maximum drawdown of -80.28%. Use the drawdown chart below to compare losses from any high point for DIG and ARMG.
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Drawdown Indicators
| DIG | ARMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.04% | -80.28% | -16.76% |
Max Drawdown (1Y)Largest decline over 1 year | -23.36% | -68.13% | +44.77% |
Max Drawdown (5Y)Largest decline over 5 years | -46.02% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -92.53% | — | — |
Current DrawdownCurrent decline from peak | -49.29% | -60.93% | +11.64% |
Average DrawdownAverage peak-to-trough decline | -64.47% | -56.39% | -8.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.33% | 37.86% | -20.53% |
Volatility
DIG vs. ARMG - Volatility Comparison
The current volatility for ProShares Ultra Oil & Gas (DIG) is 12.83%, while Leverage Shares 2X Long ARM Daily ETF (ARMG) has a volatility of 46.43%. This indicates that DIG experiences smaller price fluctuations and is considered to be less risky than ARMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DIG | ARMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.83% | 46.43% | -33.60% |
Volatility (6M)Calculated over the trailing 6-month period | 28.78% | 76.48% | -47.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.95% | 118.00% | -68.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.71% | 123.24% | -71.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.62% | 123.24% | -65.62% |