ProShares UltraShort Energy

Frequently Asked Questions About DUG

What does DUG invest in?

DUG provides (-2x) inverse exposure to the daily performance of the S&P Energy Select Sector Index, a market-cap-weighted index of US oil and gas companies. The funds concentrated portfolio typically includes firms engaged in oil and gas exploration and production, integrated oil and gas, equipment for oil as well as renewable energy, pipelines, and alternative fuel producers. As a levered product with daily resets, DUG is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period. Prior to Mar. 20, 2023, the fund was called ProShares UltraShort Energy that tracked the Dow Jones U.S. Oil & Gas Index.

What is the expense ratio of DUG?

ProShares UltraShort Energy (DUG) charges an expense ratio of 1.43%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DUG?

ProShares UltraShort Energy (DUG) manages $32.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DUG actively managed or an index fund?

DUG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DUG launched?

ProShares UltraShort Energy (DUG) launched in January 2007 and is managed by ProShares.

How has DUG performed?

DUG's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.