ProShares UltraShort Oil & Gas (DUG) is a strategically designed exchange-traded fund (ETF) that offers investors a unique opportunity to capitalize on the inverse performance of the oil and gas sector. Categorized under the energy sector, this ETF specifically targets the oil, gas, and consumable fuels niche, providing a powerful tool for those looking to hedge against or profit from declines in this volatile industry. By employing a leveraged strategy, DUG seeks to deliver twice the inverse daily performance of the Dow Jones U.S. Oil & Gas Index, making it an ideal choice for sophisticated investors aiming to navigate market downturns or enhance their portfolio's exposure to energy sector dynamics. With its focus on shorting the oil and gas market, this ETF not only serves as a potential hedge against rising energy costs but also offers the possibility of significant returns during periods of negative sentiment or declining prices in the oil and gas markets. Whether you are a seasoned investor or new to the energy sector, ProShares UltraShort Oil & Gas provides a compelling vehicle for those looking to strategically position themselves within the ever-evolving landscape of energy investments.
ProShares UltraShort Oil & Gas (DUG) Fund Flow Chart
ProShares UltraShort Oil & Gas (DUG) 1 year Net Flows: 54M
DUG ETF FAQ
What was DUG’s price range in the past 12 months?
DUG lowest ETF price was 32.41 and its highest was 46.20 in the past 12 months.
What is the AUM of DUG?
As of Feb 18, 2025 The AUM of DUG is 15.41M.
Is DUG overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does DUG pay dividends?
DUG pays a Quarterly dividend of 0.612 which represents an annual dividend yield of 2.87%. See more information on DUG dividends here
How many shares outstanding does DUG have?
DUG has 413,252 shares outstanding.
Which hedge fund is a major shareholder of DUG?
Currently, no hedge funds are holding shares in DUG