GEMG vs. DIG
GEMG (Leverage Shares 2X Long GEMI Daily ETF) and DIG (ProShares Ultra Oil & Gas) are both Leveraged Equities funds. GEMG is actively managed, while DIG is passively managed. At a correlation of -0.01, they often move in opposite directions. GEMG charges 0.75%/yr vs 0.95%/yr for DIG.
Performance
GEMG vs. DIG - Performance Comparison
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Returns By Period
In the year-to-date period, GEMG achieves a -90.30% return, which is significantly lower than DIG's 39.09% return.
GEMG
- 1D
- -11.64%
- 1M
- -41.26%
- YTD
- -90.30%
- 6M
- -92.62%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DIG
- 1D
- -3.68%
- 1M
- -18.75%
- YTD
- 39.09%
- 6M
- 41.14%
- 1Y
- 52.02%
- 3Y*
- 18.24%
- 5Y*
- 23.63%
- 10Y*
- 3.37%
GEMG vs. DIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GEMG Leverage Shares 2X Long GEMI Daily ETF | -90.30% | -71.91% |
DIG ProShares Ultra Oil & Gas | 39.09% | 5.61% |
Correlation
The correlation between GEMG and DIG is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | -0.01 |
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Return for Risk
GEMG vs. DIG — Risk / Return Rank
GEMG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DIG
GEMG vs. DIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GEMI Daily ETF (GEMG) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GEMG | DIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.85 | — |
| Martin ratioReturn relative to average drawdown | — | 5.31 | — |
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Drawdowns
GEMG vs. DIG - Drawdown Comparison
The maximum GEMG drawdown since its inception was -97.43%, roughly equal to the maximum DIG drawdown of -97.04%. Use the drawdown chart below to compare losses from any high point for GEMG and DIG.
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Drawdown Indicators
| GEMG | DIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.43% | -97.04% | -0.39% |
Max Drawdown (1Y)Largest decline over 1 year | — | -28.23% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -42.41% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.53% | — |
Current DrawdownCurrent decline from peak | -97.43% | -59.25% | -38.18% |
Average DrawdownAverage peak-to-trough decline | -81.27% | -64.33% | -16.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.83% | — |
Volatility
GEMG vs. DIG - Volatility Comparison
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Volatility by Period
| GEMG | DIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 14.35% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.91% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 219.02% | 41.61% | +177.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 219.02% | 51.55% | +167.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 219.02% | 57.83% | +161.19% |
GEMG vs. DIG - Expense Ratio Comparison
GEMG has a 0.75% expense ratio, which is lower than DIG's 0.95% expense ratio.
Dividends
GEMG vs. DIG - Dividend Comparison
GEMG has not paid dividends to shareholders, while DIG's dividend yield for the trailing twelve months is around 1.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIG ProShares Ultra Oil & Gas | 1.79% | 2.62% | 3.13% | 0.61% | 1.33% | 2.24% | 3.18% | 2.72% | 2.30% | 1.76% | 1.09% | 1.56% |
GEMG Leverage Shares 2X Long GEMI Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GEMG and DIG have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GEMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GEMG is cheaper with a 0.75% expense ratio, compared with 0.95% for DIG.
DIG has the higher dividend yield at 1.79%, compared with 0.00% for GEMG.
They also come from different issuers: Leverage Shares and ProShares. Their fees differ too: 0.75% for GEMG and 0.95% for DIG.
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