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ProShares UltraPro Dow30 (UDOW)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US74347X8231
CUSIP
74347X823
Issuer
ProShares
Inception Date
Feb 9, 2010
Region
North America (U.S.)
Leveraged
3x
Index Tracked
Dow Jones Industrial Average (300%)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares UltraPro Dow30, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

ProShares UltraPro Dow30 (UDOW) has returned -13.10% so far this year and 16.04% over the past 12 months. Looking at the last ten years, UDOW has achieved an annualized return of 20.30%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


ProShares UltraPro Dow30

1D
7.38%
1M
-16.17%
YTD
-13.10%
6M
-5.67%
1Y
16.04%
3Y*
23.31%
5Y*
10.24%
10Y*
20.30%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 11, 2010, UDOW's average daily return is +0.13%, while the average monthly return is +2.66%. At this rate, your investment would double in approximately 2.2 years.

Historically, 64% of months were positive and 36% were negative. The best month was Oct 2022 with a return of +45.2%, while the worst month was Mar 2020 at -52.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, UDOW closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +32.7%, while the worst single day was Mar 16, 2020 at -35.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.18%-0.50%-16.17%-13.10%
202513.32%-5.35%-13.10%-13.80%11.18%12.74%-0.57%9.12%4.94%6.64%0.05%1.73%24.46%
20242.51%5.90%5.68%-15.16%6.53%2.49%12.37%4.18%4.76%-4.88%23.38%-16.02%28.47%
20237.58%-12.66%4.66%6.68%-10.34%12.71%9.60%-7.40%-10.96%-5.32%28.12%14.20%32.72%
2022-10.11%-10.20%6.45%-15.07%-0.65%-19.83%20.45%-12.02%-25.49%45.17%16.70%-13.04%-32.39%
2021-6.21%10.16%21.35%7.92%6.19%-0.57%3.56%4.04%-12.64%18.31%-10.72%16.64%65.67%

Benchmark Metrics

ProShares UltraPro Dow30 has an annualized alpha of -0.31%, beta of 2.70, and R² of 0.91 versus S&P 500 Index. Calculated based on daily prices since February 12, 2010.

  • This ETF captured 385.69% of S&P 500 Index gains and 215.97% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • Beta of 2.70 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

Alpha
-0.31%
Beta
2.70
0.91
Upside Capture
385.69%
Downside Capture
215.97%

Expense Ratio

UDOW has a high expense ratio of 0.95%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

UDOW ranks 25 for risk / return — below 25% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


UDOW Risk / Return Rank: 2525
Overall Rank
UDOW Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
UDOW Sortino Ratio Rank: 2626
Sortino Ratio Rank
UDOW Omega Ratio Rank: 2525
Omega Ratio Rank
UDOW Calmar Ratio Rank: 2727
Calmar Ratio Rank
UDOW Martin Ratio Rank: 2626
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ProShares UltraPro Dow30 (UDOW) and compare them to a chosen benchmark (S&P 500 Index).


UDOWBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.32

0.90

-0.57

Sortino ratio

Return per unit of downside risk

0.81

1.39

-0.58

Omega ratio

Gain probability vs. loss probability

1.11

1.21

-0.10

Calmar ratio

Return relative to maximum drawdown

0.65

1.40

-0.75

Martin ratio

Return relative to average drawdown

2.13

6.61

-4.48

Explore UDOW risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

ProShares UltraPro Dow30 provided a 1.56% dividend yield over the last twelve months, with an annual payout of $0.78 per share. The fund has been increasing its distributions for 5 consecutive years.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%$0.00$0.20$0.40$0.60$0.8020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.78$0.80$0.45$0.35$0.24$0.11$0.05$0.19$0.13$0.03$0.03$0.02

Dividend yield

1.56%1.38%0.95%0.95%0.83%0.26%0.19%0.61%0.73%0.13%0.26%0.21%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares UltraPro Dow30. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.14$0.14
2025$0.00$0.00$0.16$0.00$0.00$0.22$0.00$0.00$0.23$0.00$0.00$0.20$0.80
2024$0.00$0.00$0.07$0.00$0.00$0.16$0.00$0.00$0.15$0.00$0.00$0.07$0.45
2023$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.08$0.00$0.00$0.07$0.35
2022$0.00$0.00$0.02$0.00$0.00$0.12$0.00$0.00$0.00$0.00$0.00$0.09$0.24
2021$0.00$0.00$0.03$0.00$0.00$0.02$0.00$0.00$0.01$0.00$0.00$0.06$0.11

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares UltraPro Dow30. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ProShares UltraPro Dow30 was 80.29%, occurring on Mar 23, 2020. Recovery took 264 trading sessions.

The current ProShares UltraPro Dow30 drawdown is 22.46%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-80.29%Feb 13, 202027Mar 23, 2020264Apr 9, 2021291
-55.79%Jan 5, 2022186Sep 30, 2022448Jul 16, 2024634
-49.22%Jan 29, 2018229Dec 24, 2018226Nov 15, 2019455
-45.61%May 2, 2011108Oct 3, 2011111Mar 13, 2012219
-44.83%Dec 5, 202484Apr 8, 2025138Oct 24, 2025222

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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