Key stats
About ProShares Ultra Dow30
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Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
DDM is a short-term tactical tool that delivers 2x returns for a single day. Investors holding the fund for longer than a day will need to monitor and rebalance their position to achieve the 2x multiple. Aside from the leverage, DDM's underlying index–the venerable Dow Jones Industrial Average–has its warts despite its popularity. As an under-diversified, price-weighted index, the Dow Jones Industrial Average draws serious skepticism about its utility as the foundation for a long-term buy-and-hold strategy. Still, investors betting on short-term market moves might be less deterred by the Dow's shortfalls. As a short-term play, DDM's liquidity and associated trading costs are critical.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Cash
Stock breakdown by region
Top 10 holdings
Dow Jones Death Cross on the Horizon!The Dow Jones is on track to have its first Death Cross since August of 2015. This is bad news due to the fact that there is little good economic news to jump it up in price significantly enough to change it. December 14, 2018 is the current Trajectory...
Dead Cats all along the way!
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DDM trades at 90.52 USD today, its price has risen 0.06% in the past 24 hours. Track more dynamics on DDM price chart.
DDM net asset value is 90.44 today — it's risen 8.05% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DDM assets under management is 395.84 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DDM price has risen by 9.69% over the last month, and its yearly performance shows a 14.21% increase. See more dynamics on DDM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.05% over the last month, showed a −9.68% decrease in three-month performance and has increased by 11.01% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.05% over the last month, showed a −9.68% decrease in three-month performance and has increased by 11.01% in a year.
DDM fund flows account for −24.31 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DDM invests in stocks. See more details in our Analysis section.
DDM expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, DDM is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DDM technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DDM shows the buy signal. See more of DDM technicals for a more comprehensive analysis.
Today, DDM technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DDM shows the buy signal. See more of DDM technicals for a more comprehensive analysis.
Yes, DDM pays dividends to its holders with the dividend yield of 1.06%.
DDM trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DDM shares are issued by ProShare Advisors LLC
DDM follows the DJ Industrial Average. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 19, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.