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ProShares Ultra Dow30

DDM
$
Today’s Change
()

Snapshot
*

Inception Date
Jun 19, 2006
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$15,834,258
AUM
$339,379,560
Associated Index
Dow Jones Industrial Average Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

Net Other Assets (Liabilities)
22.11%
UNH
Unitedhealth Group Inc
7.65%
GS
Goldman Sachs Group, Inc.
4.96%
MSFT
Microsoft Corporation
4.79%
HD
Home Depot, Inc.
4.62%
CAT
Caterpillar Inc.
4.13%
MCD
McDonald`s Corp
4.11%
AMGN
AMGEN Inc.
4.05%
V
Visa Inc - Ordinary Shares - Class A
3.55%
CRM
Salesforce Inc
3.12%

What is DDM?

ProShares Ultra Dow30 seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the Dow Jones Industrial Average

1M
3M
6M
YTD
1Y
3Y
Max

DDM
Performance Measures**

for the time period Jun 21, 2006 to Dec 4, 2025

Returns

1M Trailing Return: 3.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 8.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -81.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 36.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.54

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.17

The annualized return divided by the max drawdown for the selected time period.

ETFs related toDDM

ETFs correlated to DDM include DIA, UDOW, EDOW

DDM
ProShares Trust - ProShares Ultra Dow30 2x Shares
DIA
SSgA Active Trust - SPDR Dow Jones Industrial Average ETF
UDOW
ProShares Trust - ProShares UltraPro Dow30 3x Shares
EDOW
First Trust Exchange-Traded Fund III - First Trust Dow 30 Equal Weight ETF
DLN
WisdomTree Trust - WisdomTree U.S. LargeCap Dividend Fund
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
MGV
Vanguard Group, Inc. - Vanguard Mega Cap Value ETF
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
VTV
Vanguard Group, Inc. - Vanguard Value ETF
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toDDM

LBT | Monotonic Microblob-δ w/ BSC (Aug2015-Current)

Category

Tactical multi-asset, leveraged ETFs, long/short, trend + mean reversion, volatility trading, daily rotation

OOS Cumulative Return

269.11%

11.10.23 | Risky Business

Category

Aggressive momentum, tactical rotation, trend-following, leveraged ETFs, inverse/volatility hedges, risk management

OOS Cumulative Return

134.62%

Create your own algorithmic trading strategy with DDM using Composer

FAQ

DDM is a US Equities ETF. ProShares Ultra Dow30 seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the Dow Jones Industrial Average

DDM tracks the Dow Jones Industrial Average Index.

No, DDM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DDM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DDM is -0.007%. This is the percent change in the value of DDM over the most recent 1-month period. The 3-month return on DDM is 0.0071%. This is the percent change in the value of DDM over the most recent 3-month period.

The standard deviation of DDM for the past year is 0.2939%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DDM include SSO, TNA, and SPXL.

ETFs correlated to DDM include DIA, UDOW, and EDOW.

ETFs that are inversely correlated to DDM include DXD, SDOW, and DOG.

Yes, DDM is a Leveraged (2x) ETF: This means that DDM will try to match the performance of Dow Jones Industrial Average Index, but with 2x the returns.

No, DDM is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.