DIG vs. VDE
Compare and contrast key facts about ProShares Ultra Oil & Gas (DIG) and Vanguard Energy ETF (VDE).
DIG and VDE 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. VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004. Both DIG and VDE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIG or VDE.
Key characteristics
| DIG | VDE | |
|---|---|---|
| YTD Return | 19.72% | 10.15% |
| 1Y Return | 31.68% | 19.62% |
| 3Y Return (Ann) | 43.59% | 28.28% |
| 5Y Return (Ann) | 6.79% | 12.74% |
| 10Y Return (Ann) | -5.86% | 3.01% |
| Sharpe Ratio | 0.72 | 0.74 |
| Daily Std Dev | 37.23% | 19.56% |
| Max Drawdown | -97.04% | -74.16% |
| Current Drawdown | -65.39% | -6.20% |
Correlation
The correlation between DIG and VDE is 0.99, 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. VDE - Performance Comparison
In the year-to-date period, DIG achieves a 19.72% return, which is significantly higher than VDE's 10.15% return. Over the past 10 years, DIG has underperformed VDE with an annualized return of -5.86%, while VDE has yielded a comparatively higher 3.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DIG vs. VDE - Expense Ratio Comparison
DIG has a 0.95% expense ratio, which is higher than VDE's 0.10% expense ratio.
Risk-Adjusted Performance
DIG vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Oil & Gas (DIG) and Vanguard Energy ETF (VDE). 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.
Dividends
DIG vs. VDE - Dividend Comparison
DIG's dividend yield for the trailing twelve months is around 1.05%, less than VDE's 3.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIG ProShares Ultra Oil & Gas | 1.05% | 0.61% | 1.33% | 2.24% | 3.18% | 2.72% | 2.30% | 1.76% | 1.09% | 1.56% | 0.87% | 0.43% |
VDE Vanguard Energy ETF | 3.01% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% | 1.74% |
Drawdowns
DIG vs. VDE - Drawdown Comparison
The maximum DIG drawdown since its inception was -97.04%, which is greater than VDE's maximum drawdown of -74.16%. Use the drawdown chart below to compare losses from any high point for DIG and VDE. For additional features, visit the drawdowns tool.
Volatility
DIG vs. VDE - Volatility Comparison
ProShares Ultra Oil & Gas (DIG) has a higher volatility of 9.22% compared to Vanguard Energy ETF (VDE) at 4.59%. This indicates that DIG's price experiences larger fluctuations and is considered to be riskier than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.