{
 "ticker": "DIG",
 "name": "ProShares Ultra Energy",
 "issuer": "ProShares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/DIG",
 "html": "https://etfiq.com/funds/DIG",
 "markdown": "https://etfiq.com/funds/DIG.md",
 "as_of": "2026-09-11",
 "verdict": "Three months to Sep 11, 2026: DIG returned +26.9% where its own daily promise gave +28.5%, 1.6 points short.",
 "key_facts": [
  {
   "key": "what_xle_did",
   "label": "What XLE did",
   "value": "+14.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "DIG, what XLE did: +14.0%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What +2 times a day gives",
   "value": "+28.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "DIG, what +2 times a day gives: +28.5%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+26.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "DIG, what the fund returned: +26.9%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22121.6 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "DIG, the fund itself cost: \u22121.6 pts, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$94m",
   "source": "issuer page, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "DIG, net assets: $94m (issuer page, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.95%",
   "source": "485BPOS XBRL, Sep 23, 2025",
   "as_of": "2026-09-11",
   "sentence": "DIG, expense ratio: 0.95% (485BPOS XBRL, Sep 23, 2025)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of XLE, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.92 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "XLE",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "sector or country, sector",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$94m",
   "source": "issuer page, as of Sep 11, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.95%",
   "source": "485BPOS XBRL, Sep 23, 2025"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 4, 2010",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "22% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+13.1%",
   "XLE": "+6.7%",
   "+2x the move": "+13.5%",
   "Difference": "\u22120.4 pts",
   "XLE moved about": "15%"
  },
  {
   "window": "3 months",
   "Fund": "+26.9%",
   "XLE": "+14.0%",
   "+2x the move": "+28.0%",
   "Difference": "\u22121.1 pts",
   "XLE moved about": "22%"
  },
  {
   "window": "6 months",
   "Fund": "+23.8%",
   "XLE": "+14.4%",
   "+2x the move": "+28.9%",
   "Difference": "\u22125.1 pts",
   "XLE moved about": "23%"
  },
  {
   "window": "1 year",
   "Fund": "+104.5%",
   "XLE": "+50.7%",
   "+2x the move": "+101.4%",
   "Difference": "+3.1 pts",
   "XLE moved about": "22%"
  },
  {
   "window": "3 years",
   "Fund": "+69.8%",
   "XLE": "+54.1%",
   "+2x the move": "+108.3%",
   "Difference": "\u221238.5 pts",
   "XLE moved about": "22%"
  },
  {
   "window": "Since launch",
   "Fund": "+104.2%",
   "XLE": "+280.3%",
   "+2x the move": "not meaningful over this window",
   "Difference": "not meaningful over this window",
   "XLE moved about": "27%"
  }
 ],
 "questions": [
  {
   "q": "Did DIG return +2 times XLE?",
   "a": "Over the window to Sep 11, 2026, XLE moved +14.0% and DIG returned +26.9%. 2 times that move is +28.0%, so the fund came out 1.1 points short of it."
  },
  {
   "q": "Why does DIG not return +2 times over a year?",
   "a": "Because it resets daily. DIG aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get."
  },
  {
   "q": "Which +2x XLE ETF tracked its stated multiple most closely?",
   "a": "3 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}