PRXG vs. DIG

Last updated Jul 17, 2026

PRXG (Praxis Impact Large Cap Growth ETF) and DIG (ProShares Ultra Oil & Gas) are both exchange-traded funds - PRXG is a Large Cap Growth Equities fund actively managed by Praxis, while DIG is a Leveraged Equities fund tracking the Dow Jones U.S. Oil & Gas Index (200%). PRXG is actively managed, while DIG is passively managed. Over the past year, PRXG returned 18.28% vs 68.08% for DIG. At a correlation of -0.10, they often move in opposite directions. PRXG charges 0.36%/yr vs 0.95%/yr for DIG.

Performance

PRXG vs. DIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Praxis Impact Large Cap Growth ETF (PRXG) and ProShares Ultra Oil & Gas (DIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRXG achieves a 7.56% return, which is significantly lower than DIG's 57.02% return.

PRXG

• 1D: -1.27%
• 1M: 0.37%
• 6M: 8.07%
• YTD: 7.56%
• 1Y: 18.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIG

• 1D: 1.92%
• 1M: 6.49%
• 6M: 39.50%
• YTD: 57.02%
• 1Y: 68.08%
• 3Y*: 19.43%
• 5Y*: 33.20%
• 10Y*: 3.82%

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

PRXG vs. DIG - Yearly Performance Comparison

	2026 (YTD)	2025
PRXG Praxis Impact Large Cap Growth ETF	7.56%	38.94%
DIG ProShares Ultra Oil & Gas	57.02%	26.37%

Correlation

The correlation between PRXG and DIG is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.23
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025	-0.10

The correlation between PRXG and DIG shifts across timeframes, from -0.23 (1 year) to -0.10 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PRXG vs. DIG — Risk / Return Rank

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

PRXG

PRXG Risk / Return Rank: 33
PRXG Sharpe Ratio Rank: 36
PRXG Sortino Ratio Rank: 34
PRXG Omega Ratio Rank: 34
PRXG Calmar Ratio Rank: 28
PRXG Martin Ratio Rank: 32

DIG

DIG Risk / Return Rank: 53
DIG Sharpe Ratio Rank: 62
DIG Sortino Ratio Rank: 53
DIG Omega Ratio Rank: 50
DIG Calmar Ratio Rank: 57
DIG Martin Ratio Rank: 45

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.

PRXG vs. DIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Praxis Impact Large Cap Growth ETF (PRXG) 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.

	PRXG	DIG	Difference
Sharpe ratio: Return per unit of total volatility	1.07	1.64	-0.56
Sortino ratio: Return per unit of downside risk	1.53	2.10	-0.57
Omega ratio: Gain probability vs. loss probability	1.19	1.26	-0.07
Calmar ratio: Return relative to maximum drawdown	1.15	2.30	-1.14
Martin ratio: Return relative to average drawdown	3.88	5.96	-2.08

PRXG vs. DIG - Sharpe Ratio Comparison

The current PRXG Sharpe Ratio is 1.07, which is lower than the DIG Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of PRXG and DIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRXG vs. DIG - Drawdown Comparison

The maximum PRXG drawdown since its inception was -15.91%, smaller than the maximum DIG drawdown of -97.04%. Use the drawdown chart below to compare losses from any high point for PRXG and DIG.

Drawdown Indicators

	PRXG	DIG	Difference
Max Drawdown Largest peak-to-trough decline	-15.91%	-97.04%	+81.13%
Max Drawdown (1Y) Largest decline over 1 year	-15.91%	-29.80%	+13.89%
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 Drawdown Current decline from peak	-3.40%	-54.00%	+50.60%
Average Drawdown Average peak-to-trough decline	-2.81%	-64.31%	+61.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.73%	11.46%	-6.73%

Volatility

PRXG vs. DIG - Volatility Comparison

The current volatility for Praxis Impact Large Cap Growth ETF (PRXG) is 5.43%, while ProShares Ultra Oil & Gas (DIG) has a volatility of 12.34%. This indicates that PRXG experiences smaller price fluctuations and is considered to be less risky than DIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRXG	DIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.43%	12.34%	-6.91%
Volatility (6M) Calculated over the trailing 6-month period	13.79%	33.38%	-19.59%
Volatility (1Y) Calculated over the trailing 1-year period	17.09%	41.89%	-24.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.44%	51.35%	-29.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.44%	57.79%	-36.35%

PRXG vs. DIG - Expense Ratio Comparison

PRXG has a 0.36% expense ratio, which is lower than DIG's 0.95% expense ratio.

Dividends

PRXG vs. DIG - Dividend Comparison

PRXG's dividend yield for the trailing twelve months is around 0.10%, less than DIG's 1.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIG ProShares Ultra Oil & Gas	1.58%	2.62%	3.13%	0.61%	1.33%	2.24%	3.18%	2.72%	2.30%	1.76%	1.09%	1.56%
PRXG Praxis Impact Large Cap Growth ETF	0.10%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PRXG and DIG in my portfolio?

PRXG and DIG have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRXG or DIG?

DIG has higher volatility (12.34%) compared to PRXG (5.43%). In terms of maximum drawdown, PRXG dropped -15.91% vs DIG's -97.04%.

Which ETF is better, PRXG or DIG?

On 1-year performance, DIG leads with 68.08% vs 18.28% for PRXG. On fees, PRXG is cheaper at 0.36% per year. On volatility, PRXG has been the lower-risk option at 5.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PRXG or DIG?

Over the 1-year period, DIG has performed better with a 68.08% return vs 18.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PRXG or DIG?

PRXG is cheaper with a 0.36% expense ratio, compared with 0.95% for DIG.

Which ETF pays a higher dividend yield, PRXG or DIG?

DIG has the higher dividend yield at 1.58%, compared with 0.10% for PRXG.

What is the main difference between PRXG and DIG?

PRXG is categorized as Large Cap Growth Equities, while DIG is Leveraged Equities. They also come from different issuers: Praxis and ProShares. Their fees differ too: 0.36% for PRXG and 0.95% for DIG.

Which has better risk-adjusted returns?

DIG currently has the higher Sharpe Ratio (1.64 vs 1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.