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UNL vs. DIG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UNL and DIG is 0.15, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

UNL vs. DIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States 12 Month Natural Gas Fund LP (UNL) and ProShares Ultra Oil & Gas (DIG). The values are adjusted to include any dividend payments, if applicable.

-80.00%-60.00%-40.00%-20.00%0.00%20.00%NovemberDecember2025FebruaryMarchApril
-79.06%
17.64%
UNL
DIG

Key characteristics

Sharpe Ratio

UNL:

0.80

DIG:

-0.15

Sortino Ratio

UNL:

1.32

DIG:

0.05

Omega Ratio

UNL:

1.15

DIG:

1.01

Calmar Ratio

UNL:

0.30

DIG:

-0.07

Martin Ratio

UNL:

1.79

DIG:

-0.33

Ulcer Index

UNL:

14.59%

DIG:

16.90%

Daily Std Dev

UNL:

32.56%

DIG:

37.41%

Max Drawdown

UNL:

-88.01%

DIG:

-97.04%

Current Drawdown

UNL:

-82.34%

DIG:

-65.93%

Returns By Period

In the year-to-date period, UNL achieves a 23.26% return, which is significantly higher than DIG's 19.48% return. Over the past 10 years, UNL has underperformed DIG with an annualized return of -2.44%, while DIG has yielded a comparatively higher -1.98% annualized return.


UNL

YTD

23.26%

1M

-0.30%

6M

27.31%

1Y

26.99%

5Y*

5.65%

10Y*

-2.44%

DIG

YTD

19.48%

1M

15.82%

6M

5.89%

1Y

-8.04%

5Y*

50.36%

10Y*

-1.98%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


UNL vs. DIG - Expense Ratio Comparison

UNL has a 0.90% expense ratio, which is lower than DIG's 0.95% expense ratio.


DIG
ProShares Ultra Oil & Gas
Expense ratio chart for DIG: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
DIG: 0.95%
Expense ratio chart for UNL: current value is 0.90%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
UNL: 0.90%

Risk-Adjusted Performance

UNL vs. DIG — Risk-Adjusted Performance Rank

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

UNL
The Risk-Adjusted Performance Rank of UNL is 5858
Overall Rank
The Sharpe Ratio Rank of UNL is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of UNL is 7272
Sortino Ratio Rank
The Omega Ratio Rank of UNL is 6666
Omega Ratio Rank
The Calmar Ratio Rank of UNL is 3636
Calmar Ratio Rank
The Martin Ratio Rank of UNL is 4747
Martin Ratio Rank

DIG
The Risk-Adjusted Performance Rank of DIG is 1515
Overall Rank
The Sharpe Ratio Rank of DIG is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of DIG is 1616
Sortino Ratio Rank
The Omega Ratio Rank of DIG is 1616
Omega Ratio Rank
The Calmar Ratio Rank of DIG is 1515
Calmar Ratio Rank
The Martin Ratio Rank of DIG is 1414
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UNL vs. DIG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States 12 Month Natural Gas Fund LP (UNL) 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.


Sharpe ratio
The chart of Sharpe ratio for UNL, currently valued at 0.80, compared to the broader market-1.000.001.002.003.004.005.00
UNL: 0.80
DIG: -0.15
The chart of Sortino ratio for UNL, currently valued at 1.32, compared to the broader market-2.000.002.004.006.008.0010.0012.00
UNL: 1.32
DIG: 0.05
The chart of Omega ratio for UNL, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.00
UNL: 1.15
DIG: 1.01
The chart of Calmar ratio for UNL, currently valued at 0.30, compared to the broader market0.005.0010.0015.00
UNL: 0.30
DIG: -0.09
The chart of Martin ratio for UNL, currently valued at 1.79, compared to the broader market0.0020.0040.0060.0080.00100.00
UNL: 1.79
DIG: -0.33

The current UNL Sharpe Ratio is 0.80, which is higher than the DIG Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of UNL and DIG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
0.80
-0.15
UNL
DIG

Dividends

UNL vs. DIG - Dividend Comparison

UNL has not paid dividends to shareholders, while DIG's dividend yield for the trailing twelve months is around 2.68%.


TTM20242023202220212020201920182017201620152014
UNL
United States 12 Month Natural Gas Fund LP
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
2.68%3.13%0.61%1.33%2.24%3.19%2.72%2.30%1.76%1.09%1.56%0.87%

Drawdowns

UNL vs. DIG - Drawdown Comparison

The maximum UNL drawdown since its inception was -88.01%, smaller than the maximum DIG drawdown of -97.04%. Use the drawdown chart below to compare losses from any high point for UNL and DIG. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%NovemberDecember2025FebruaryMarchApril
-82.34%
-53.29%
UNL
DIG

Volatility

UNL vs. DIG - Volatility Comparison

United States 12 Month Natural Gas Fund LP (UNL) and ProShares Ultra Oil & Gas (DIG) have volatilities of 9.69% and 9.55%, 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.


6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
9.69%
9.55%
UNL
DIG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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