^SP500TR vs. DDM
Compare and contrast key facts about S&P 500 Total Return (^SP500TR) and ProShares Ultra Dow30 (DDM).
DDM is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP500TR or DDM.
Key characteristics
| ^SP500TR | DDM | |
|---|---|---|
| YTD Return | 21.02% | 20.29% |
| 1Y Return | 31.70% | 42.18% |
| 3Y Return (Ann) | 11.20% | 11.32% |
| 5Y Return (Ann) | 15.70% | 14.43% |
| 10Y Return (Ann) | 13.19% | 17.36% |
| Sharpe Ratio | 2.38 | 1.92 |
| Daily Std Dev | 12.80% | 21.63% |
| Max Drawdown | -55.25% | -81.70% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between ^SP500TR and DDM is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^SP500TR vs. DDM - Performance Comparison
The year-to-date returns for both stocks are quite close, with ^SP500TR having a 21.02% return and DDM slightly lower at 20.29%. Over the past 10 years, ^SP500TR has underperformed DDM with an annualized return of 13.19%, while DDM has yielded a comparatively higher 17.36% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^SP500TR vs. DDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Total Return (^SP500TR) and ProShares Ultra Dow30 (DDM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
^SP500TR vs. DDM - Drawdown Comparison
The maximum ^SP500TR drawdown since its inception was -55.25%, smaller than the maximum DDM drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for ^SP500TR and DDM. For additional features, visit the drawdowns tool.
Volatility
^SP500TR vs. DDM - Volatility Comparison
The current volatility for S&P 500 Total Return (^SP500TR) is 4.31%, while ProShares Ultra Dow30 (DDM) has a volatility of 6.24%. This indicates that ^SP500TR experiences smaller price fluctuations and is considered to be less risky than DDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.