ProShares - Ultra Energy
CThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$76.95+2.61 (+3.51%)
- 1.07%
- $89M
- +128.5%
- 1.16%
- 0M sh
- $74.28
- low $32.70high $75.00
The ETF.net DIG Grade
C
Score 40 out of 100
- 4 of 6
Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F17 out of 100Rank 6 of 6Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A71 out of 100Rank 2 of 6Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B55 out of 100Rank 3 of 6Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A81 out of 100Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C50 out of 100Rank 4 of 6
Our read on DIG
CA 2007-vintage 2x play on the S&P Energy Select Sector Index: roughly 30 large energy stocks, doubled daily and reset each day. Equity exposure, not crude futures.
The fund seeks daily investment results, before fees and expenses, equal to twice the daily performance of the S&P Energy Select Sector Index.
Why people hold it
- Plain mandate: aims for twice the daily move of the S&P Energy Select Sector Index, a concentrated basket of roughly 30 large US energy companies.proshares.com
- Exposure runs through energy stocks, not oil or gas futures, so there is no futures roll in the machinery the way there is at UCO or BOIL.proshares.com
- Trading since January 2007, it has run through multiple energy booms and busts, a long history for a leveraged sector fund.
Worth knowing
- The 1.07% expense ratio sits above the 2x energy field, where ERX (0.91%) and GUSH (0.94%) charge less for leveraged energy exposure.
- Daily reset: hold past one session and compounding can pull results away from twice the index move, with choppy markets doing the most damage.
- Volume is light next to the biggest leveraged energy names, so bid-ask spreads and order size matter more here.
DIG Holdings
- Stocks
- 23
- 82%
- IQMM
Sectors
- Energy74.6%
- Financials25.4%
Geography
- United States100.00%
DIG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DIG$22,851
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DIG |
|---|---|
| Year to date | +108.2% |
| 1 month | +3.2% |
| 3 months | +41.6% |
| 1 year | +128.5% |
| 3 years | +25.3% |
| 5 years | +32.8% |
| 10 years | +6.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DIG |
|---|---|---|
| 2026 YTD | +108.2% | |
| 2025 | +2.7% | |
| 2024 | +1.0% | |
| 2023 | −13.0% | |
| 2022 | +125.4% | |
| 2021 | +115.5% | |
| 2020 | −70.3% |
DIG in the news
DIG Dividends
- 1.16%
- $0.87
- $0.23 per share
- Quarterly
Distribution history
DIG Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 41.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.47
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −46.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −0.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DIG Cost
1.07%
DIG1.07%
- The middle half of 2x/3x Long Energy funds
- Median 0.94%
Every other 2x/3x Long Energy fund charges less.
Other funds in 2x/3x Long Energy
- BERXDirexion Daily Energy Bull 2X ETFExpense ratio 0.91%1 year return +128.6%
- CGUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETFExpense ratio 0.94%1 year return +122.9%
- CUCOProShares Ultra Bloomberg Crude OilExpense ratio 0.95%1 year return +191.9%
- CXLEXCorgi ETF Trust I - Corgi U.S. Energy 2x Daily ETFExpense ratio 0.45%1 year return —
- DBOILProShares Ultra Bloomberg Natural GasExpense ratio 0.95%1 year return −60.2%