ProShares Short Oil & Gas (DDG)
ProShares Short Oil & Gas operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $10.60, down 1.46% on the session, giving a market capitalisation of $4.6M. Its beta of -1.37 implies it has historically moved less than the broad market.
This fund allocates its assets to a selection of financial instruments, chosen by ProShare Advisors, with the intention of generating daily returns that align with its investment objective. This objective is intrinsically linked to an index that measures the stock market performance of companies primarily engaged in the U.S. oil and gas sector. Investors should be aware that the fund is classified as non-diversified.
ProShares Short Oil & Gas is most often compared with the following Financial Services names: