I HAVE A PHILISOPHICAL ???Is a double bottom more of an actual literal bottom? Wouldn't a double bottom be 4 curves?? ok jk -- but am seeing a double bottom here....or a single bottom...or just a bottom... happy trading
Key stats
About ProShares UltraShort Energy
Home page
Inception date
Jan 30, 2007
Structure
Open-Ended Fund
Replication method
Synthetic
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
DUG provides (-2x) inverse exposure to the daily performance of the S&P Energy Select Sector Index, a market-cap-weighted index of US oil and gas companies. The funds concentrated portfolio typically includes firms engaged in oil and gas exploration and production, integrated oil and gas, equipment for oil as well as renewable energy, pipelines, and alternative fuel producers. As a levered product with daily resets, DUG is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period. Prior to Mar. 20, 2023, the fund was called ProShares UltraShort Energy that tracked the Dow Jones U.S. Oil & Gas Index.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government90.63%
Cash9.37%
Displays a symbol's price movements over previous years to identify recurring trends.