DUG vs. DIG
Compare and contrast key facts about ProShares UltraShort Oil & Gas (DUG) and ProShares Ultra Oil & Gas (DIG).
DUG and DIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DUG is a passively managed fund by ProShares that tracks the performance of the DJ Global United States (All) / Oil & Gas -IND (-200%). It was launched on Jan 30, 2007. 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. Both DUG and DIG 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: DUG or DIG.
Key characteristics
| DUG | DIG | |
|---|---|---|
| YTD Return | -23.54% | 20.19% |
| 1Y Return | -24.30% | 20.34% |
| 3Y Return (Ann) | -41.09% | 30.02% |
| 5Y Return (Ann) | -46.76% | 10.55% |
| 10Y Return (Ann) | -27.76% | -4.21% |
| Sharpe Ratio | -0.72 | 0.62 |
| Sortino Ratio | -0.94 | 1.05 |
| Omega Ratio | 0.90 | 1.13 |
| Calmar Ratio | -0.25 | 0.30 |
| Martin Ratio | -1.21 | 1.71 |
| Ulcer Index | 21.10% | 12.90% |
| Daily Std Dev | 35.15% | 35.43% |
| Max Drawdown | -99.86% | -97.04% |
| Current Drawdown | -99.85% | -66.04% |
Correlation
The correlation between DUG and DIG is -0.99. 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
DUG vs. DIG - Performance Comparison
In the year-to-date period, DUG achieves a -23.54% return, which is significantly lower than DIG's 20.19% return. Over the past 10 years, DUG has underperformed DIG with an annualized return of -27.76%, while DIG has yielded a comparatively higher -4.21% 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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DUG vs. DIG - Expense Ratio Comparison
Both DUG and DIG have an expense ratio of 0.95%.
Risk-Adjusted Performance
DUG vs. DIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Oil & Gas (DUG) and ProShares Ultra Oil & Gas (DIG). 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
DUG vs. DIG - Dividend Comparison
DUG's dividend yield for the trailing twelve months is around 3.10%, more than DIG's 2.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUG ProShares UltraShort Oil & Gas | 3.10% | 2.92% | 0.28% | 0.00% | 0.03% | 0.45% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIG ProShares Ultra Oil & Gas | 2.45% | 0.61% | 1.33% | 2.24% | 3.19% | 2.72% | 2.30% | 1.76% | 1.09% | 1.56% | 0.87% | 0.43% |
Drawdowns
DUG vs. DIG - Drawdown Comparison
The maximum DUG drawdown since its inception was -99.86%, roughly equal to the maximum DIG drawdown of -97.04%. Use the drawdown chart below to compare losses from any high point for DUG and DIG. For additional features, visit the drawdowns tool.
Volatility
DUG vs. DIG - Volatility Comparison
ProShares UltraShort Oil & Gas (DUG) and ProShares Ultra Oil & Gas (DIG) have volatilities of 11.93% and 11.67%, 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.