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DIG vs. DUG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DIG and DUG is -0.64. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

DIG vs. DUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Oil & Gas (DIG) and ProShares UltraShort Oil & Gas (DUG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

DIG:

-0.44

DUG:

0.10

Sortino Ratio

DIG:

-0.31

DUG:

0.56

Omega Ratio

DIG:

0.96

DUG:

1.07

Calmar Ratio

DIG:

-0.28

DUG:

0.05

Martin Ratio

DIG:

-1.32

DUG:

0.40

Ulcer Index

DIG:

16.65%

DUG:

13.33%

Daily Std Dev

DIG:

50.15%

DUG:

49.83%

Max Drawdown

DIG:

-97.04%

DUG:

-99.86%

Current Drawdown

DIG:

-73.03%

DUG:

-99.84%

Returns By Period

In the year-to-date period, DIG achieves a -5.42% return, which is significantly higher than DUG's -7.94% return. Over the past 10 years, DIG has outperformed DUG with an annualized return of -4.72%, while DUG has yielded a comparatively lower -27.42% annualized return.


DIG

YTD

-5.42%

1M

9.08%

6M

-22.07%

1Y

-23.95%

5Y*

30.29%

10Y*

-4.72%

DUG

YTD

-7.94%

1M

-9.34%

6M

11.21%

1Y

7.87%

5Y*

-46.39%

10Y*

-27.42%

*Annualized

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DIG vs. DUG - Expense Ratio Comparison

Both DIG and DUG have an expense ratio of 0.95%.


Risk-Adjusted Performance

DIG vs. DUG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DIG
The Risk-Adjusted Performance Rank of DIG is 55
Overall Rank
The Sharpe Ratio Rank of DIG is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of DIG is 77
Sortino Ratio Rank
The Omega Ratio Rank of DIG is 66
Omega Ratio Rank
The Calmar Ratio Rank of DIG is 55
Calmar Ratio Rank
The Martin Ratio Rank of DIG is 22
Martin Ratio Rank

DUG
The Risk-Adjusted Performance Rank of DUG is 2424
Overall Rank
The Sharpe Ratio Rank of DUG is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of DUG is 3131
Sortino Ratio Rank
The Omega Ratio Rank of DUG is 2828
Omega Ratio Rank
The Calmar Ratio Rank of DUG is 1818
Calmar Ratio Rank
The Martin Ratio Rank of DUG is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DIG vs. DUG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Oil & Gas (DIG) and ProShares UltraShort Oil & Gas (DUG). 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.


The current DIG Sharpe Ratio is -0.44, which is lower than the DUG Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of DIG and DUG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

DIG vs. DUG - Dividend Comparison

DIG's dividend yield for the trailing twelve months is around 3.39%, less than DUG's 6.08% yield.


TTM20242023202220212020201920182017201620152014
DIG
ProShares Ultra Oil & Gas
3.39%3.13%0.61%1.33%2.24%3.19%2.72%2.30%1.76%1.09%1.56%0.87%
DUG
ProShares UltraShort Oil & Gas
6.08%5.66%4.16%0.28%0.00%0.10%0.56%0.29%0.00%0.00%0.00%0.00%

Drawdowns

DIG vs. DUG - Drawdown Comparison

The maximum DIG drawdown since its inception was -97.04%, roughly equal to the maximum DUG drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for DIG and DUG. For additional features, visit the drawdowns tool.


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Volatility

DIG vs. DUG - Volatility Comparison

ProShares Ultra Oil & Gas (DIG) and ProShares UltraShort Oil & Gas (DUG) have volatilities of 13.38% and 13.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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