FBGX vs. DIG

Last updated Apr 2, 2026

Compare and contrast key facts about UBS AG FI Enhanced Large Cap Growth ETN (FBGX) and ProShares Ultra Oil & Gas (DIG).

FBGX and DIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FBGX is a passively managed fund by UBS that tracks the performance of the Russell 1000 Growth Index (200%). It was launched on Jun 11, 2014. 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 FBGX 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.

Performance

FBGX vs. DIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UBS AG FI Enhanced Large Cap Growth ETN (FBGX) and ProShares Ultra Oil & Gas (DIG). The values are adjusted to include any dividend payments, if applicable.

FBGX vs. DIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBGX UBS AG FI Enhanced Large Cap Growth ETN	0.00%	0.00%	35.73%	83.74%	-56.41%	57.04%	65.79%	75.84%	-16.58%	64.01%
DIG ProShares Ultra Oil & Gas	71.38%	2.73%	0.93%	-13.04%	125.34%	115.63%	-70.36%	12.51%	-40.11%	-7.39%

Returns By Period

FBGX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIG

• 1D: -7.64%
• 1M: 7.25%
• YTD: 71.38%
• 6M: 70.78%
• 1Y: 47.64%
• 3Y*: 20.73%
• 5Y*: 34.16%
• 10Y*: 7.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FBGX vs. DIG - Expense Ratio Comparison

FBGX has a 1.29% expense ratio, which is higher than DIG's 0.95% expense ratio.

FBGX

UBS AG FI Enhanced Large Cap Growth ETN

DIG

ProShares Ultra Oil & Gas

Return for Risk

FBGX vs. DIG — Risk / Return Rank

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

DIG

DIG Risk / Return Rank: 47
DIG Sharpe Ratio Rank: 51
DIG Sortino Ratio Rank: 50
DIG Omega Ratio Rank: 52
DIG Calmar Ratio Rank: 51
DIG Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FBGX vs. DIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS AG FI Enhanced Large Cap Growth ETN (FBGX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FBGX	DIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.96	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.00	—

Correlation

The correlation between FBGX and DIG is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FBGX vs. DIG - Dividend Comparison

FBGX has not paid dividends to shareholders, while DIG's dividend yield for the trailing twelve months is around 1.45%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBGX UBS AG FI Enhanced Large Cap Growth 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%
DIG ProShares Ultra Oil & Gas	1.45%	2.62%	3.13%	0.61%	1.33%	2.24%	3.18%	2.72%	2.30%	1.76%	1.09%	1.56%

Drawdowns

Drawdown Indicators

	FBGX	DIG	Difference
Max Drawdown Largest peak-to-trough decline	—	-97.04%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-35.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.02%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-92.53%	—
Current Drawdown Current decline from peak	—	-49.79%	—
Average Drawdown Average peak-to-trough decline	—	-64.47%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	17.32%	—

Volatility

Volatility by Period

	FBGX	DIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	28.78%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	49.96%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	51.73%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	57.63%	—