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DDM
Upturn stock ratingUpturn stock rating

ProShares Ultra Dow30 (DDM)

Upturn stock ratingUpturn stock rating
$97.79
Last Close (24-hour delay)
Profit since last BUY6.1%
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Consider higher Upturn Star rating
BUY since 52 days
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Upturn Advisory Summary

07/31/2025: DDM (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 2.1%
Avg. Invested days 44
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/31/2025

Key Highlights

Volume (30-day avg) -
Beta 1.86
52 Weeks Range 68.89 - 106.84
Updated Date 06/29/2025
52 Weeks Range 68.89 - 106.84
Updated Date 06/29/2025

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ProShares Ultra Dow30

stock logo

ETF Overview

overview logo Overview

ProShares Ultra Dow30 (DDM) is a leveraged ETF designed to deliver twice (2x) the daily performance of the Dow Jones Industrial Average (DJIA). It primarily focuses on large-cap US stocks and aims for aggressive short-term returns through leverage.

reliability logo Reputation and Reliability

ProShares is a well-known issuer of leveraged and inverse ETFs, with a solid track record in creating and managing such products.

reliability logo Management Expertise

ProShares has a dedicated team with experience in managing complex investment strategies, including leveraged ETFs.

Investment Objective

overview logo Goal

The primary investment goal of DDM is to seek daily investment results, before fees and expenses, that correspond to twice (2x) the daily performance of the Dow Jones Industrial Average.

Investment Approach and Strategy

Strategy: DDM employs a leveraged strategy to achieve its objective of doubling the daily returns of the Dow Jones Industrial Average.

Composition DDM primarily holds financial instruments, such as swaps, futures contracts, and other derivatives, designed to provide leveraged exposure to the DJIA. It also holds stocks that comprise the DJIA.

Market Position

Market Share: DDM holds a significant portion of the leveraged Dow Jones Industrial Average ETF market.

Total Net Assets (AUM): 1570000000

Competitors

overview logo Key Competitors

  • Direxion Daily Dow Bull 3X Shares (UDOW)

Competitive Landscape

The competitive landscape is relatively concentrated with a few major players offering leveraged exposure to the Dow Jones Industrial Average. DDM benefits from being a first mover and having substantial AUM, while competitors like UDOW offer higher leverage and may attract different investor segments. DDM's disadvantage lies in higher expense ratios when compared to non-leveraged ETFs.

Financial Performance

Historical Performance: Historical performance data is dependent on the period analyzed and is strongly affected by daily market movements of the Dow Jones Industrial Average.

Benchmark Comparison: The ETF's performance should be compared to 2x the daily performance of the Dow Jones Industrial Average. Deviations can occur due to fees, expenses, and the effects of compounding over longer periods.

Expense Ratio: 0.95

Liquidity

Average Trading Volume

DDM exhibits good liquidity, characterized by a relatively high average daily trading volume.

Bid-Ask Spread

DDM generally has a tight bid-ask spread, indicating relatively low transaction costs for traders.

Market Dynamics

Market Environment Factors

DDM's performance is heavily influenced by economic indicators, investor sentiment, and overall market conditions, particularly those affecting large-cap US stocks.

Growth Trajectory

DDM's growth trajectory depends on the demand for leveraged exposure to the Dow Jones Industrial Average and broader market trends.

Moat and Competitive Advantages

Competitive Edge

DDM's competitive edge lies in its established position as a leading leveraged ETF tracking the Dow Jones Industrial Average. Its high AUM and trading volume contribute to its liquidity and visibility. However, leveraged ETFs are complex and can experience significant value erosion in volatile markets, so the fund is best suited for advanced investors. ProShares' reputation as an expert in leveraged ETF management also offers an advantage.

Risk Analysis

Volatility

DDM is highly volatile due to its leveraged nature, meaning its price can fluctuate significantly in short periods.

Market Risk

DDM faces significant market risk as it is directly tied to the performance of the Dow Jones Industrial Average, amplifying both gains and losses.

Investor Profile

Ideal Investor Profile

DDM is best suited for sophisticated investors with a high-risk tolerance who seek short-term, aggressive exposure to the Dow Jones Industrial Average.

Market Risk

DDM is primarily suited for active traders with a short-term investment horizon, rather than long-term investors due to the effects of compounding and the potential for significant losses.

Summary

ProShares Ultra Dow30 (DDM) is a leveraged ETF seeking twice the daily performance of the Dow Jones Industrial Average. It is designed for sophisticated, high-risk investors looking for short-term, aggressive returns. DDM's performance is highly volatile and sensitive to market fluctuations, making it unsuitable for long-term investment strategies. Its competitive advantage lies in its established market presence and ProShares' expertise in managing leveraged ETFs. Investors should thoroughly understand the risks involved before investing in DDM.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • ProShares.com
  • ETF.com
  • Morningstar.com
  • Yahoo Finance

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Leveraged ETFs are complex financial instruments and involve a high degree of risk. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About ProShares Ultra Dow30

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The index is designed to measure the performance of some of the largest U.S. companies. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.