DIG vs. OILT ETF Comparison
Comparison of ProShares Ultra Oil & Gas (DIG) to Texas Capital Texas Oil Index ETF (OILT)
DIG
ProShares Ultra Oil & Gas
DIG Description
The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Dow Jones U.S. Oil & GasSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index measures the performance of 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.
Grade (RS Rating)
Last Trade
$37.93
Average Daily Volume
82,367
22
OILT
Texas Capital Texas Oil Index ETF
OILT Description
OILT aims to track the performance of an economic-value weighted index of energy companies that extract oil and gas within Texas. Companies in the index must be publicly traded and responsible for more than 0.1% of the annual state oil and gas production of Texas over the past 10 years based on data from the Texas Railroad Commission. The companies are sensitive to the price of West Texas Intermediate crude oil. Global and domestic infrastructure and trading have created efficiencies that have made the US a net exporter of oil and may positively impact the profitability of these companies. The stocks are weighted in the index by the aggregated economic value of oil and gas production of the company and multiplying it by the average oil and gas futures prices from the last day of trading of February in the current and previous year. Outside of extraordinary events, the index is reconstituted annually and rebalanced quarterly.Grade (RS Rating)
Last Trade
$24.14
Average Daily Volume
1,078
24
Performance
| Period | DIG | OILT |
|---|---|---|
| 30 Days | -5.00% | -7.39% |
| 60 Days | -9.28% | -8.54% |
| 90 Days | -9.48% | -9.75% |
| 12 Months | -13.83% |
11 Overlapping Holdings
| Symbol | Grade | Weight in DIG | Weight in OILT | Overlap | |
|---|---|---|---|---|---|
| APA | F | 0.53% | 4.49% | 0.53% | |
| COP | F | 5.94% | 8.2% | 5.94% | |
| CTRA | F | 1.0% | 1.6% | 1.0% | |
| CVX | F | 11.7% | 4.46% | 4.46% | |
| DVN | F | 1.46% | 3.83% | 1.46% | |
| EOG | D | 3.49% | 7.28% | 3.49% | |
| FANG | F | 1.87% | 8.14% | 1.87% | |
| KMI | C | 2.42% | 2.45% | 2.42% | |
| MRO | D | 0.88% | 4.17% | 0.88% | |
| OXY | F | 1.99% | 8.04% | 1.99% | |
| XOM | D | 17.59% | 8.07% | 8.07% |
DIG: Top Represented Industries & Keywords
OILT: Top Represented Industries & Keywords
Compare ETFs
