{"url":"https://etfiq.com/compare/leverage/dug-vs-ery","section":"compare","title":"DUG vs ERY: which held to its multiple? | ETFIQ","description":"DUG sets out to return -2 times XLE each day and ERY -2 times. Over the three months to Sep 30, 2026 they finished +6.3 pts and +6.5 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, DUG or ERY?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, DUG finished 6.3 points from what its multiple implies and ERY finished 6.5 points from its own, so DUG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are DUG and ERY levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on energy, DUG at -2 times and ERY at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, DUG or ERY?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window DUG\u2019s moved at 21% annualized and ERY\u2019s at 21%, so DUG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold DUG or ERY for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, DUG or ERY?","acceptedAnswer":{"@type":"Answer","text":"DUG charges 0.95% a year and ERY charges 0.99%, so DUG is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"DUG vs ERY","item":"https://etfiq.com/compare/leverage/dug-vs-ery"}]},{"@type":"WebPage","name":"DUG vs ERY: which held to its multiple?","description":"DUG sets out to return -2 times XLE each day and ERY -2 times. Over the three months to Sep 30, 2026 they finished +6.3 pts and +6.5 pts away.","url":"https://etfiq.com/compare/leverage/dug-vs-ery","dateModified":"2026-09-30","abstract":"Over the days both have traded, DUG finished 6.3 points from its stated multiple and ERY 6.5.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of DUG and ERY","description":"DUG sets out to return -2 times XLE each day and ERY -2 times. Over the three months to Sep 30, 2026 they finished +6.3 pts and +6.5 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/dug-vs-ery","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6492,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / DUG vs ERY \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n DUG vs ERY: which held to its multiple?\n\n Over the days both have traded, DUG finished 6.3 points from its stated multiple and ERY 6.5.\n Copy this for sharing \n \n ProShares UltraShort Energy and Direxion Daily Energy Bear 2X ETF.\n\n Download as PDF \n\n \u221228.0% DUG returned, 3 months \n \u221227.8% ERY returned, 3 months \n +6.3 pts DUG from its stated multiple \n +6.5 pts ERY from its stated multiple \n\n ETFIQ Decay Resistance Score: ERY scores higher\n Did it keep up with its own dail","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/dug-vs-ery","a":{"ticker":"DUG","name":"ProShares UltraShort Energy","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: DUG returned \u221228.0% where its own daily promise gave \u221229.7%, 1.7 points over.","url":"https://etfiq.com/funds/dug","key_facts":[{"label":"What XLE did","value":"+17.2%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221229.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221228.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$40m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"ERY","name":"Direxion Daily Energy Bear 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ERY returned \u221227.8% where its own daily promise gave \u221229.7%, 1.8 points over.","url":"https://etfiq.com/funds/ery","key_facts":[{"label":"What XLE did","value":"+17.2%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221229.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221227.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$55m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.99%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/dug-vs-ery"}