DDG - ProShares Short Oil & Gas
|Ex-Dividend Date||Dec 24, 2019|
|Trading Day||April 20|
|Day's Range||19.39 - 19.83|
|52-Week Range||17.41 - 37.92|
The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Oil & GasSM Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index measures the performance of certain companies in the oil and gas sector of the U.S. equity market. Component companies include, among others, exploration and production, integrated oil and gas, oil equipment and services, pipelines, renewable energy equipment companies and alternative fuel producers. The fund is non-diversified.
|Asset Class |
|Inception Date |
Jun 12, 2008
|Ticker Symbol |
|Index Tracked |
Dow Jones U.S. Oil & Gas Index
Top 10 Holdings178.49% of assets
|Dj U.S. Oil & Gas Index Swap Societe Generale - Cash Offset||603698.SS||44.22%|
|Dj U.S. Oil & Gas Index Swap Credit Suisse International - Cash Offset||603698.SS||17.54%|
|Dj U.S. Oil & Gas Index Swap Bank Of America Na - Cash Offset||603698.SS||16.72%|
|Dj U.S. Oil & Gas Index Swap Goldman Sachs International - Cash Offset||603698.SS||12.77%|
|Dj U.S. Oil & Gas Index Swap Morgan Stanley & Co. International Plc - Cash||603698.SS||6.18%|
|Dj U.S. Oil & Gas Index Swap Ubs Ag - Cash Offset||603698.SS||2.45%|
|Dj U.S. Oil & Gas Index Swap Ubs Ag||603698.SS||-2.45%|
|Dj U.S. Oil & Gas Index Swap Morgan Stanley & Co. International Plc||603698.SS||-6.18%|
|Dj U.S. Oil & Gas Index Swap Goldman Sachs International||603698.SS||-12.77%|
|Dec 24, 2019||$0.023||Jan 2, 2020|
|Sep 25, 2019||$0.052||Oct 2, 2019|
|Jun 25, 2019||$0.064||Jul 2, 2019|
|Mar 20, 2019||$0.046||Mar 27, 2019|
|Dec 26, 2018||$0.034||Jan 3, 2019|
While oil stocks rallied alongside the broader market on Friday, the energy sector could continue to be depressed on a falling demand outlook.
The oil market could face one of the largest supply overhangs in modern oil market history in April. This indicates that the worst might not be over yet.
Amid bearish fundamentals, many investors have turned bearish on the energy sector and are seeking to tap this opportunity. For them, an inverse or leveraged inverse play on energy or oil could be an ex...