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

Key characteristics


DIGNRGU
YTD Return18.52%32.85%
1Y Return25.36%61.48%
3Y Return (Ann)45.74%61.17%
5Y Return (Ann)6.58%-11.78%
Sharpe Ratio0.380.70
Daily Std Dev38.22%60.09%
Max Drawdown-97.04%-98.18%
Current Drawdown-65.74%-54.32%

Correlation

-0.50.00.51.01.0

The correlation between DIG and NRGU is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

DIG vs. NRGU - Performance Comparison

In the year-to-date period, DIG achieves a 18.52% return, which is significantly lower than NRGU's 32.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%20.00%40.00%December2024FebruaryMarchAprilMay
23.68%
-46.56%
DIG
NRGU

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ProShares Ultra Oil & Gas

MicroSectors U.S. Big Oil Index 3X Leveraged ETN

DIG vs. NRGU - Expense Ratio Comparison

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


DIG
ProShares Ultra Oil & Gas
Expense ratio chart for DIG: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for NRGU: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

DIG vs. NRGU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Oil & Gas (DIG) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). 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
Sharpe ratio
The chart of Sharpe ratio for DIG, currently valued at 0.38, compared to the broader market-1.000.001.002.003.004.005.000.38
Sortino ratio
The chart of Sortino ratio for DIG, currently valued at 0.78, compared to the broader market-2.000.002.004.006.008.000.78
Omega ratio
The chart of Omega ratio for DIG, currently valued at 1.09, compared to the broader market0.501.001.502.002.501.09
Calmar ratio
The chart of Calmar ratio for DIG, currently valued at 0.40, compared to the broader market0.002.004.006.008.0010.0012.000.40
Martin ratio
The chart of Martin ratio for DIG, currently valued at 1.16, compared to the broader market0.0020.0040.0060.001.16
NRGU
Sharpe ratio
The chart of Sharpe ratio for NRGU, currently valued at 0.70, compared to the broader market-1.000.001.002.003.004.005.000.70
Sortino ratio
The chart of Sortino ratio for NRGU, currently valued at 1.28, compared to the broader market-2.000.002.004.006.008.001.28
Omega ratio
The chart of Omega ratio for NRGU, currently valued at 1.15, compared to the broader market0.501.001.502.002.501.15
Calmar ratio
The chart of Calmar ratio for NRGU, currently valued at 0.55, compared to the broader market0.002.004.006.008.0010.0012.000.55
Martin ratio
The chart of Martin ratio for NRGU, currently valued at 2.45, compared to the broader market0.0020.0040.0060.002.45

DIG vs. NRGU - Sharpe Ratio Comparison

The current DIG Sharpe Ratio is 0.38, which is lower than the NRGU Sharpe Ratio of 0.70. The chart below compares the 12-month rolling Sharpe Ratio of DIG and NRGU.


Rolling 12-month Sharpe Ratio-0.500.000.501.00December2024FebruaryMarchAprilMay
0.38
0.70
DIG
NRGU

Dividends

DIG vs. NRGU - Dividend Comparison

DIG's dividend yield for the trailing twelve months is around 1.06%, while NRGU has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
DIG
ProShares Ultra Oil & Gas
1.06%0.61%1.33%2.24%3.18%2.72%2.30%1.76%1.09%1.56%0.87%0.43%
NRGU
MicroSectors U.S. Big Oil Index 3X Leveraged ETN
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

DIG vs. NRGU - Drawdown Comparison

The maximum DIG drawdown since its inception was -97.04%, roughly equal to the maximum NRGU drawdown of -98.18%. Use the drawdown chart below to compare losses from any high point for DIG and NRGU. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%December2024FebruaryMarchAprilMay
-12.38%
-54.32%
DIG
NRGU

Volatility

DIG vs. NRGU - Volatility Comparison

The current volatility for ProShares Ultra Oil & Gas (DIG) is 9.27%, while MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a volatility of 16.16%. This indicates that DIG experiences smaller price fluctuations and is considered to be less risky than NRGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%December2024FebruaryMarchAprilMay
9.27%
16.16%
DIG
NRGU