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ETFs

ProShares UltraShort Energy

DUG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 30 2007
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$1,572,435
AUM
$25,571,781
Associated Index
S&P Energy Select Sector Index
Inverse/Leveraged
Inverse (-2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Derivatives offset
199.62%
n/a
Net Other Assets (Liabilities)
100.00%
Invest with DUG

What is DUG?

ProShares UltraShort Energy seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Energy Select Sector Index.

ETFs related toDUG

ETFs correlated to DUG include ERY, OILD, NRGD

DUG
ProShares Trust - ProShares UltraShort Energy
ERY
Direxion Shares ETF Trust - Direxion Daily Energy Bear -2X Shares
OILD
Bank of Montreal - MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged
NRGD
Bank of Montreal - MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs
DRIP
Direxion Shares ETF Trust - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
SCO
ProShares Trust - ProShares UltraShort Bloomberg Crude Oil -2x Shares
DOG
ProShares Trust - ProShares Short Dow30 -1x Shares
DXD
ProShares Trust - ProShares UltraShort Dow 30-2X Shares
SDOW
ProShares Trust - ProShares UltraPro Short Dow30 -3x Shares
FAZ
Direxion Shares ETF Trust - Direxion Daily Financial Bear 3x Shares
TZA
Direxion Shares ETF Trust - Direxion Daily Small Cap Bear 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDUG

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with DUG using Composer

FAQ

DUG is a US Equities ETF. ProShares UltraShort Energy seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Energy Select Sector Index.

DUG tracks the S&P Energy Select Sector Index.

No, DUG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DUG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DUG is -0.0915%. This is the percent change in the value of DUG over the most recent 1-month period. The 3-month return on DUG is -0.2477%. This is the percent change in the value of DUG over the most recent 3-month period.

The standard deviation of DUG for the past year is 0.539%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DUG include SSO, QID, and SDS.

ETFs correlated to DUG include ERY, OILD, and NRGD.

ETFs that are inversely correlated to DUG include DIG, ERX, and FENY.

Yes, DUG is a Inverse (-2x) ETF: This means that DUG will try to match the performance of S&P Energy Select Sector Index, but with 2x the returns.

Yes, DUG is a Inverse (-2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of S&P Energy Select Sector Index, but move 2x in the opposite direction.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.