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

Correlation

The correlation between DIG and XLE 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.


-0.50.00.51.01.0

Performance

DIG vs. XLE - Performance Comparison

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

-50.00%0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
-44.74%
142.78%
DIG
XLE

Key characteristics

Sharpe Ratio

DIG:

-0.16

XLE:

0.12

Sortino Ratio

DIG:

0.03

XLE:

0.28

Omega Ratio

DIG:

1.00

XLE:

1.03

Calmar Ratio

DIG:

-0.07

XLE:

0.15

Martin Ratio

DIG:

-0.40

XLE:

0.35

Ulcer Index

DIG:

13.90%

XLE:

6.08%

Daily Std Dev

DIG:

35.59%

XLE:

17.89%

Max Drawdown

DIG:

-97.04%

XLE:

-71.54%

Current Drawdown

DIG:

-72.86%

XLE:

-13.50%

Returns By Period

In the year-to-date period, DIG achieves a -3.95% return, which is significantly lower than XLE's 2.82% return. Over the past 10 years, DIG has underperformed XLE with an annualized return of -5.04%, while XLE has yielded a comparatively higher 4.44% annualized return.


DIG

YTD

-3.95%

1M

-24.33%

6M

-13.53%

1Y

-6.02%

5Y*

4.11%

10Y*

-5.04%

XLE

YTD

2.82%

1M

-13.36%

6M

-4.72%

1Y

1.44%

5Y*

11.59%

10Y*

4.44%

Compare stocks, funds, or ETFs

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


DIG vs. XLE - Expense Ratio Comparison

DIG has a 0.95% expense ratio, which is higher than XLE's 0.13% expense ratio.


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 XLE: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

DIG vs. XLE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Oil & Gas (DIG) and Energy Select Sector SPDR Fund (XLE). 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.


Sharpe ratio
The chart of Sharpe ratio for DIG, currently valued at -0.15, compared to the broader market0.002.004.00-0.160.12
The chart of Sortino ratio for DIG, currently valued at 0.03, compared to the broader market-2.000.002.004.006.008.0010.000.030.28
The chart of Omega ratio for DIG, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.001.03
The chart of Calmar ratio for DIG, currently valued at -0.07, compared to the broader market0.005.0010.0015.00-0.070.15
The chart of Martin ratio for DIG, currently valued at -0.40, compared to the broader market0.0020.0040.0060.0080.00100.00-0.400.35
DIG
XLE

The current DIG Sharpe Ratio is -0.16, which is lower than the XLE Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of DIG and XLE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.16
0.12
DIG
XLE

Dividends

DIG vs. XLE - Dividend Comparison

DIG's dividend yield for the trailing twelve months is around 2.43%, less than XLE's 2.59% yield.


TTM20232022202120202019201820172016201520142013
DIG
ProShares Ultra Oil & Gas
2.43%0.61%1.33%2.24%3.19%2.72%2.30%1.76%1.09%1.56%0.87%0.43%
XLE
Energy Select Sector SPDR Fund
2.59%3.55%3.68%4.21%5.62%5.73%3.54%3.03%2.26%3.39%2.35%1.73%

Drawdowns

DIG vs. XLE - Drawdown Comparison

The maximum DIG drawdown since its inception was -97.04%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for DIG and XLE. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-72.86%
-13.50%
DIG
XLE

Volatility

DIG vs. XLE - Volatility Comparison

ProShares Ultra Oil & Gas (DIG) has a higher volatility of 9.88% compared to Energy Select Sector SPDR Fund (XLE) at 5.01%. This indicates that DIG's price experiences larger fluctuations and is considered to be riskier than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
9.88%
5.01%
DIG
XLE
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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