DIG - ProShares Ultra Oil & Gas Fund: This 2x Leveraged ETF Is Worth Considering For Strong Oil Price Environment
- The ProShares Ultra Oil & Gas Fund uses leverage to give investors 2x exposure to the leading energy companies and has a strong bias for oil majors.
- The ProShares Ultra Oil & Gas Fund has been outperforming iShares U.S. Energy ETF - its non-leveraged counterpart.
- Continued strength in oil prices should give confidence to investors regarding ProShares Ultra Oil & Gas Fund’s ability to continue doing well in the future.
- The ProShares Ultra Oil & Gas Fund’s top holdings have reported strong quarterly results and will likely post further growth in earnings and cash flows in the coming quarters.
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ProShares Ultra Oil & Gas Fund: This 2x Leveraged ETF Is Worth Considering For Strong Oil Price Environment