Key stats
About ProShares Ultra Dow30
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
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 indexthe venerable Dow Jones Industrial Averagehas 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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks83.19%
Finance20.62%
Technology Services11.16%
Retail Trade8.11%
Electronic Technology6.74%
Health Technology6.70%
Health Services5.93%
Producer Manufacturing5.55%
Consumer Services5.17%
Process Industries4.36%
Consumer Non-Durables3.91%
Distribution Services2.57%
Energy Minerals1.80%
Communications0.58%
Bonds, Cash & Other16.81%
Government9.12%
Cash7.69%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history