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ETFs

ProShares Ultra Dow30

DDM
$--
Today’s Change
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Snapshot
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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
View

Top 10 Holdings

n/a
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%
Invest with DDM

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

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.

Automated Strategies
Related toDDM

#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 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.

Yes, DDM is a Leveraged (2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of Dow Jones Industrial Average Index, but move 2x 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.