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:
0.89
^SP500TR:
1.75
DDM:
1.36
^SP500TR:
2.36
DDM:
1.17
^SP500TR:
1.32
DDM:
1.52
^SP500TR:
2.66
DDM:
4.02
^SP500TR:
11.02
DDM:
5.20%
^SP500TR:
2.04%
DDM:
23.42%
^SP500TR:
12.89%
DDM:
-81.70%
^SP500TR:
-55.25%
DDM:
-7.96%
^SP500TR:
-2.12%
Returns By Period
In the year-to-date period, DDM achieves a 3.45% return, which is significantly higher than ^SP500TR's 2.42% return. Over the past 10 years, DDM has outperformed ^SP500TR with an annualized return of 16.45%, while ^SP500TR has yielded a comparatively lower 13.06% annualized return.
DDM
3.45%
-3.52%
8.89%
18.02%
12.10%
16.45%
^SP500TR
2.42%
-1.08%
7.42%
19.81%
14.30%
13.06%
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Risk-Adjusted Performance
DDM vs. ^SP500TR — Risk-Adjusted Performance Rank
DDM
^SP500TR
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 6.13% compared to S&P 500 Total Return (^SP500TR) at 3.43%. 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.