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ETFs

ProShares UltraPro Dow 30

UDOW
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Feb 09 2010
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$133,182,499
AUM
$544,254,720
Associated Index
Dow Jones Industrial Average Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Net Other Assets (Liabilities)
22.11%
UNH
Unitedhealth Group Inc
7.55%
GS
Goldman Sachs Group, Inc.
4.97%
MSFT
Microsoft Corporation
4.81%
HD
Home Depot, Inc.
4.62%
CAT
Caterpillar Inc.
4.10%
MCD
McDonald`s Corp
4.09%
AMGN
AMGEN Inc.
4.06%
V
Visa Inc - Ordinary Shares - Class A
3.57%
CRM
Salesforce Inc
3.14%
Invest with UDOW

What is UDOW?

ProShares UltraPro Dow30 seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index.

ETFs related toUDOW

ETFs correlated to UDOW include DIA, DDM, EDOW

UDOW
ProShares Trust - ProShares UltraPro Dow30 3x Shares
DIA
SSgA Active Trust - SPDR Dow Jones Industrial Average ETF
DDM
ProShares Trust - ProShares Ultra Dow30 2x 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
VTV
Vanguard Group, Inc. - Vanguard Value ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
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.

Automated Strategies
Related toUDOW

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with UDOW using Composer

FAQ

UDOW is a US Equities ETF. ProShares UltraPro Dow30 seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index.

UDOW tracks the Dow Jones Industrial Average Index.

No, UDOW 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, UDOW 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 UDOW is -0.0502%. This is the percent change in the value of UDOW over the most recent 1-month period. The 3-month return on UDOW is -0.0025%. This is the percent change in the value of UDOW over the most recent 3-month period.

The standard deviation of UDOW for the past year is 0.44%. 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 UDOW include TZA, SPXL, and TNA.

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

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

Yes, UDOW is a Leveraged (3x) ETF: This means that UDOW will try to match the performance of Dow Jones Industrial Average Index, but with 3x the returns.

Yes, UDOW is a Leveraged (3x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of Dow Jones Industrial Average Index, but move 3x in the opposite direction.

Disclaimers

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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.