It does have calcium in it as well (I dont remember what all), so it can be good. Make sure it is "food grade DE" and not crystalline! And do not use it on the bud as burning it makes it crystallize, and that is deadly to everything. Food grade can be ingested by us (claim is to ride one of worms), I give it to the dogs in a peanut-butter bend-over.
As a bug killer it cuts up exoskeletons, (like glass) and is not effective wet. It does not harm things with skin, us, earthworms etc.