ProShares Ultra Oil & Gas

10-Year Study

DIG.US · · US · ETF

Executive Summary: ProShares Ultra Oil & Gas has compounded at 4.6% annually over the last 10 years, with a maximum drawdown of 89.5% and an annualized volatility of 57.1%.

1Y CAGR
+98.3%
3Y CAGR
+24.9%
5Y CAGR
+30.6%
10Y CAGR
+4.6%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
89.5%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.38
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.57
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
59.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · +125.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -70.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202628.919.320.3-15.4————————56.6%
20253.96.76.3-28.41.88.94.86.7-1.3-3.54.7-1.42.7%
2024-2.05.521.3-2.5-1.2-3.73.6-5.2-6.71.214.9-18.70.9%
20234.7-14.4-2.14.6-19.813.015.22.54.0-12.2-2.5-0.6-13.0%
202237.014.218.7-4.629.6-31.820.35.7-19.050.71.4-8.5125.3%
20217.046.15.30.711.38.8-16.5-3.918.121.7-10.43.8115.6%
2020-21.5-28.4-66.163.41.8-5.1-10.0-1.8-28.0-8.156.57.6-70.4%
201923.73.64.3-0.8-22.117.7-4.4-17.47.6-5.22.312.412.5%
20185.9-20.83.219.36.31.11.8-6.75.0-22.8-5.7-25.8-40.1%
2017-7.0-5.2-2.4-6.7-7.8-1.34.7-10.821.0-2.03.810.3-7.4%
2016———18.2-2.65.4-4.32.05.7-6.917.83.642.2%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 57.1%. The dominant macroeconomic risk driver is SHV.US, accounting for 33.6% of variance. Idiosyncratic stock-specific factors contribute 11.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0111820.879029631002
2016-05-0111510.389054605612
2016-06-0112127.057531026641
2016-07-0111604.730484992879
2016-08-0111841.574103053801
2016-09-0112511.928410375642
2016-10-0111649.601747583974
2016-11-0113728.945637108054
2016-12-0114223.072451919083
2017-01-0113228.335643431548
2017-02-0112543.450073135366
2017-03-0112238.006119098869
2017-04-0111416.239245268556
2017-05-0110529.001845949451
2017-06-0110391.385995056176
2017-07-0110874.622346846876
2017-08-019701.039224828977
2017-09-0111734.873114927917
2017-10-0111502.820023122273
2017-11-0111943.708122816319
2017-12-0113171.93518098608
2018-01-0113946.946518564886
2018-02-0111049.763986739823
2018-03-0111400.07920336742
2018-04-0113604.615512362752
2018-05-0114463.045880466787
2018-06-0114616.8856469446
2018-07-0114885.027369873338
2018-08-0113892.909382405354
2018-09-0114588.493794671658
2018-10-0111267.445499779637
2018-11-0110625.419171047337
2018-12-017888.304089831948
2019-01-019754.725055729788
2019-02-0110102.996314488466
2019-03-0110538.710645826814
2019-04-0110450.34140483779
2019-05-018138.625055091051
2019-06-019577.922700068346
2019-07-019157.186747488166
2019-08-017566.572346527507
2019-09-018140.700949801671
2019-10-017716.96293410152
2019-11-017892.6794371451015
2019-12-018875.184435260828
2020-01-016966.926206733562
2020-02-014989.269221188178
2020-03-011693.0358522984943
2020-04-012766.4331018976873
2020-05-012815.264532859816
2020-06-012670.814197842347
2020-07-012404.301253840405
2020-08-012360.771338600783
2020-09-011699.774525897585
2020-10-011561.9670539541003
2020-11-012444.7971691183516
2020-12-012631.020893081841
2021-01-012816.4461960027847
2021-02-014113.720705931949
2021-03-014332.1048294892025
2021-04-014361.901902797029
2021-05-014856.156464974865
2021-06-015283.758838520941
2021-07-014414.3421968714665
2021-08-014243.512030608269
2021-09-015011.018210387138
2021-10-016096.870828250052
2021-11-015464.61717307852
2021-12-015673.2924967584095
2022-01-017771.798491303598
2022-02-018876.206414195287
2022-03-0110531.716477494107
2022-04-0110042.986988930692
2022-05-0113020.107435535487
2022-06-018876.557719454007
2022-07-0110679.360496681762
2022-08-0111283.286173263754
2022-09-019136.651358273877
2022-10-0113767.780836617505
2022-11-0113965.086644651536
2022-12-0112784.253859567321
2023-01-0113388.882146666752
2023-02-0111466.731391999183
2023-03-0111226.08728977574
2023-04-0111743.464125345716
2023-05-019421.240554679067
2023-06-0110642.53731819953
2023-07-0112257.838897795718
2023-08-0112558.652009785446
2023-09-0113060.986592913852
2023-10-0111472.76745508083
2023-11-0111183.962595570998
2023-12-0111116.480049054986
2024-01-0110895.604851844992
2024-02-0111494.708065330002
2024-03-0113941.83662389259
2024-04-0113598.100396655573
2024-05-0113436.851282902931
2024-06-0112934.61251029963
2024-07-0113406.543220127873
2024-08-0112713.99280782325
2024-09-0111866.229344847627
2024-10-0112008.220543054056
2024-11-0113798.663762543192
2024-12-0111219.412489860053
2025-01-0111658.352442210282
2025-02-0112436.621337642677
2025-03-0113214.091812032524
2025-04-019465.057901494005
2025-05-019634.163478305303
2025-06-0110487.292330686834
2025-07-0110988.349440147165
2025-08-0111722.577430872705
2025-09-0111570.142885429772
2025-10-0111167.131879994122
2025-11-0111693.898147024442
2025-12-0111526.006170197817
2026-01-0114860.212443871
2026-02-0117724.947144526985
2026-03-0121321.03552015534
2026-04-0118047.50924571567
Annual Return Matrix
YearAnnual Return
2017-0.07390367126978781
2018-0.401127929841406
20190.12510678267347375
2020-0.7035531022173602
20211.1563084168871836
20221.2534099672935866
2023-0.13045531079345896
20240.009259445467526106
20250.027327070879590076
20260.5658077029648101
Total Factor Risk
0.5713472134483295
VTI.US Exposure
-0.015090556168846312
VEA.US Exposure
0.0005036373938279209
VWO.US Exposure
-0.0020143357312804814
QQQ.US Exposure
0.004344656761320774
VTV.US Exposure
0.2649175256382564
IJR.US Exposure
0.05683674241844026
QUAL.US Exposure
0.0031555065257531183
SHV.US Exposure
0.33585356980433123
TLT.US Exposure
0.010919047476750557
LQD.US Exposure
0.0039247799315952165
HYG.US Exposure
-0.0030509055970732116
GLD.US Exposure
0.0013175011423246811
USO.US Exposure
0.1994906929973748
VNQ.US Exposure
-0.017013974038676823
BTC-USD.CC Exposure
0.0025079156901874305
CPER.US Exposure
0.023879887025501065
VIX.INDX Exposure
-0.008592553684073698
UUP.US Exposure
0.01920234730127775
TIP.US Exposure
0.0016092623465774353
Idiosyncratic Exposure
0.11729925276643191
Value Score
42.1
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
20.5
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
57.1%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →19.8x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.71%
Market Cap$158.5B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$65
Avg Yield on Cost
0.65%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$65.470.65%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-2.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+36.1%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
18.7% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.71
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is ProShares Ultra Oil & Gas a high-risk investment?

ProShares Ultra Oil & Gas (DIG.US) has an annualized volatility of 57.1% and experienced a maximum drawdown of 89.5% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of DIG.US?

Over the past 10 years, DIG.US has generated a Compound Annual Growth Rate (CAGR) of 4.6%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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