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:
0.08
^SP500TR:
0.34
DDM:
0.35
^SP500TR:
0.61
DDM:
1.05
^SP500TR:
1.09
DDM:
0.09
^SP500TR:
0.34
DDM:
0.36
^SP500TR:
1.69
DDM:
7.43%
^SP500TR:
3.74%
DDM:
32.35%
^SP500TR:
18.57%
DDM:
-81.70%
^SP500TR:
-55.25%
DDM:
-20.93%
^SP500TR:
-11.01%
Returns By Period
In the year-to-date period, DDM achieves a -11.12% return, which is significantly lower than ^SP500TR's -6.89% return. Over the past 10 years, DDM has outperformed ^SP500TR with an annualized return of 14.88%, while ^SP500TR has yielded a comparatively lower 12.03% annualized return.
DDM
-11.12%
-7.60%
-11.92%
2.78%
20.30%
14.88%
^SP500TR
-6.89%
-2.71%
-5.17%
6.15%
16.19%
12.03%
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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 22.22% compared to S&P 500 Total Return (^SP500TR) at 13.21%. 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.