TIPB vs. DIG

Last updated Jun 4, 2026

TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and DIG (ProShares Ultra Oil & Gas) are both exchange-traded funds - TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust, while DIG is a Leveraged Equities fund tracking the Dow Jones U.S. Oil & Gas Index (200%). TIPB is actively managed, while DIG is passively managed. At a correlation of -0.08, they often move in opposite directions.

Performance

TIPB vs. DIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) 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, TIPB achieves a 1.86% return, which is significantly lower than DIG's 66.35% return.

TIPB

• 1D: -0.12%
• 1M: -0.22%
• YTD: 1.86%
• 6M: 1.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIG

• 1D: 2.57%
• 1M: -3.48%
• YTD: 66.35%
• 6M: 59.45%
• 1Y: 90.00%
• 3Y*: 23.37%
• 5Y*: 28.29%
• 10Y*: 5.32%

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

TIPB vs. DIG - Yearly Performance Comparison

	2026 (YTD)	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.86%	0.79%
DIG ProShares Ultra Oil & Gas	66.35%	10.60%

Correlation

The correlation between TIPB and DIG is -0.08, 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 Aug 20, 2025	-0.08

Return for Risk

TIPB 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: 61
DIG Sharpe Ratio Rank: 66
DIG Sortino Ratio Rank: 53
DIG Omega Ratio Rank: 52
DIG Calmar Ratio Rank: 76
DIG Martin Ratio Rank: 59

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.

TIPB vs. DIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) 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

	TIPB	DIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.22	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.55	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	-0.00	+1.35

Drawdowns

TIPB vs. DIG - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum DIG drawdown of -97.04%. Use the drawdown chart below to compare losses from any high point for TIPB and DIG.

Drawdown Indicators

	TIPB	DIG	Difference
Max Drawdown Largest peak-to-trough decline	-1.32%	-97.04%	+95.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-23.29%	—
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	-0.31%	-51.27%	+50.96%
Average Drawdown Average peak-to-trough decline	-0.37%	-64.37%	+64.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.49%	—

Volatility

Volatility by Period

	TIPB	DIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.54%	40.88%	-38.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.54%	51.59%	-49.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.54%	57.81%	-55.27%

Dividends

TIPB vs. DIG - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 3.02%, more than DIG's 1.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIG ProShares Ultra Oil & Gas	1.50%	2.62%	3.13%	0.61%	1.33%	2.24%	3.18%	2.72%	2.30%	1.76%	1.09%	1.56%
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	3.02%	1.09%	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 TIPB and DIG in my portfolio?

TIPB and DIG have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

TIPB has the higher dividend yield at 3.02%, compared with 1.50% for DIG.

What is the main difference between TIPB and DIG?

TIPB is categorized as Inflation-Protected Bonds, while DIG is Leveraged Equities. They also come from different issuers: Northern Trust and ProShares.