^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.
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
Key characteristics
^SP500TR:
1.87
DDM:
1.08
^SP500TR:
2.52
DDM:
1.60
^SP500TR:
1.34
DDM:
1.20
^SP500TR:
2.83
DDM:
1.81
^SP500TR:
11.72
DDM:
4.82
^SP500TR:
2.04%
DDM:
5.18%
^SP500TR:
12.76%
DDM:
23.15%
^SP500TR:
-55.25%
DDM:
-81.70%
^SP500TR:
-0.42%
DDM:
-4.68%
Returns By Period
In the year-to-date period, ^SP500TR achieves a 4.20% return, which is significantly lower than DDM's 7.15% return. Over the past 10 years, ^SP500TR has underperformed DDM with an annualized return of 13.29%, while DDM has yielded a comparatively higher 16.98% annualized return.
^SP500TR
4.20%
1.25%
10.54%
24.47%
14.71%
13.29%
DDM
7.15%
0.47%
15.12%
25.04%
12.91%
16.98%
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Risk-Adjusted Performance
^SP500TR vs. DDM — Risk-Adjusted Performance Rank
^SP500TR
DDM
^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 3.00%, while ProShares Ultra Dow30 (DDM) has a volatility of 5.06%. 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.