Name of ETF: ProShares Short Oil & Gas
Benchmark Index: Dow Jones U.S. Oil & Gas Index
Ticker Symbol: DDG
Types of Companies Included: U.S. companies that are part of the Oil & Gas sector.
Daily Target: -1x (inverse daily performance of index).
Short ETF: This ETF attempts to produce investment results in the opposite direction of the index. If the Dow Jones U.S. Oil & Gas Index goes up, the ETF is designed to go down. If the Dow Jones U.S. Oil & Gas Index goes down, the ETF is designed to go up.