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:
1.36
^SP500TR:
2.20
DDM:
1.93
^SP500TR:
2.91
DDM:
1.25
^SP500TR:
1.40
DDM:
2.30
^SP500TR:
3.35
DDM:
6.20
^SP500TR:
13.95
DDM:
5.11%
^SP500TR:
2.03%
DDM:
23.22%
^SP500TR:
12.85%
DDM:
-81.70%
^SP500TR:
-55.25%
DDM:
-5.13%
^SP500TR:
-0.53%
Returns By Period
In the year-to-date period, DDM achieves a 6.64% return, which is significantly higher than ^SP500TR's 2.91% return. Over the past 10 years, DDM has outperformed ^SP500TR with an annualized return of 17.56%, while ^SP500TR has yielded a comparatively lower 13.50% annualized return.
DDM
6.64%
4.89%
16.08%
27.95%
12.54%
17.56%
^SP500TR
2.91%
2.09%
9.61%
26.43%
14.56%
13.50%
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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 9.14% compared to S&P 500 Total Return (^SP500TR) at 5.14%. 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.