ProShares Ultra Oil & Gas [DIG] Stock Forecast

With a new year comes the opportunity to make changes, and that's what ProShares has done by swapping benchmarks on 23 ETFs, largely focused on their inverse and leveraged strategies.

DIG is a leveraged exchange traded fund that offers investors a 2x return on the Dow Jones U.S. Oil & Gas Index. The fund is up an astounding +88% year to date.

Wall Street was downbeat last week with key equity gauges recording losses.

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

DIG is a 2X leveraged energy sector ETF. It has a high expense ratio rated as an "F."

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Saudi Arabia hiked prices for its crude sales in July despite the plan to boost production over the coming two months.

Here we highlight some oil-energy ETFs which have gained more than 80% so far in 2022.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Here we highlight some oil-energy ETFs which have gained more than 50% so far in 2022.

ProShares Ultra Oil & Gas is a US stock and trading under the symbol DIG

ProShares Ultra Oil & Gas stock price is $37.32 today.

Yes, ProShares Ultra Oil & Gas is a publicly traded company.