DDM vs. ^SP500TR
Compare and contrast key facts about ProShares Ultra Dow30 (DDM) and S&P 500 Total Return (^SP500TR).
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: DDM or ^SP500TR.
Correlation
The correlation between DDM and ^SP500TR 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
DDM vs. ^SP500TR - Performance Comparison
Key characteristics
DDM:
1.22
^SP500TR:
2.23
DDM:
1.76
^SP500TR:
2.97
DDM:
1.22
^SP500TR:
1.42
DDM:
2.25
^SP500TR:
3.31
DDM:
6.31
^SP500TR:
14.64
DDM:
4.35%
^SP500TR:
1.91%
DDM:
22.53%
^SP500TR:
12.52%
DDM:
-81.70%
^SP500TR:
-55.25%
DDM:
-9.55%
^SP500TR:
-2.57%
Returns By Period
In the year-to-date period, DDM achieves a 23.63% return, which is significantly lower than ^SP500TR's 26.03% return. Over the past 10 years, DDM has outperformed ^SP500TR with an annualized return of 16.50%, while ^SP500TR has yielded a comparatively lower 13.10% annualized return.
DDM
23.63%
-2.80%
17.07%
25.41%
12.49%
16.50%
^SP500TR
26.03%
0.36%
9.25%
26.67%
14.81%
13.10%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
DDM vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Dow30 (DDM) and S&P 500 Total Return (^SP500TR). 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
DDM vs. ^SP500TR - Drawdown Comparison
The maximum DDM drawdown since its inception was -81.70%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for DDM and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
DDM vs. ^SP500TR - Volatility Comparison
ProShares Ultra Dow30 (DDM) has a higher volatility of 7.63% compared to S&P 500 Total Return (^SP500TR) at 3.79%. This indicates that DDM's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.