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DDM vs. BRK-B
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DDM vs. BRK-B

Last updated Jun 14, 2026

DDM (ProShares Ultra Dow30) is Leveraged Equities fund tracking the Dow Jones Industrial Average Index (200%), while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, DDM returned 19.87%/yr vs 13.22%/yr for BRK-B. A 0.66 correlation means they provide meaningful diversification when combined.

Performance

DDM vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Dow30 (DDM) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DDM achieves a 11.15% return, which is significantly higher than BRK-B's -2.67% return. Over the past 10 years, DDM has outperformed BRK-B with an annualized return of 19.87%, while BRK-B has yielded a comparatively lower 13.22% annualized return.

DDM

1D
1.45%
1M
4.37%
YTD
11.15%
6M
9.08%
1Y
41.14%
3Y*
24.56%
5Y*
12.67%
10Y*
19.87%

BRK-B

1D
0.71%
1M
1.07%
YTD
-2.67%
6M
-2.06%
1Y
0.35%
3Y*
13.30%
5Y*
11.27%
10Y*
13.22%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DDM vs. BRK-B - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DDM
ProShares Ultra Dow30		11.15%20.59%21.60%24.34%-19.48%41.97%2.14%47.98%-13.46%59.56%
BRK-B
Berkshire Hathaway Inc.		-2.67%10.89%27.09%15.46%3.31%28.95%2.37%10.93%3.01%21.62%

Correlation

The correlation between DDM and BRK-B is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.33

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.64

Correlation (10Y)
Calculated over the trailing 10-year period

0.70

Correlation (All Time)
Calculated using the full available price history since Jun 21, 2006

0.66

Over the past year, the correlation between DDM and BRK-B has dropped to 0.33 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

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ProShares Ultra Dow30

Berkshire Hathaway Inc.

Often compared with DDM:
DDM vs. UDOWDDM vs. DIADDM vs. SPUUDDM vs. DJDDDM vs. IXCDDM vs. ^SP500TRDDM vs. SCHD
Often compared with BRK-B:
BRK-B vs. SPYBRK-B vs. VOOBRK-B vs. BRK-ABRK-B vs. QQQBRK-B vs. ^NDXBRK-B vs. VTIBRK-B vs. VGT

Return for Risk

DDM vs. BRK-B — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DDM
DDM Risk / Return Rank: 4646
Overall Rank
DDM Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
DDM Sortino Ratio Rank: 4747
Sortino Ratio Rank
DDM Omega Ratio Rank: 4444
Omega Ratio Rank
DDM Calmar Ratio Rank: 4343
Calmar Ratio Rank
DDM Martin Ratio Rank: 4747
Martin Ratio Rank
BRK-B
BRK-B Risk / Return Rank: 3939
Overall Rank
BRK-B Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
BRK-B Sortino Ratio Rank: 3434
Sortino Ratio Rank
BRK-B Omega Ratio Rank: 3333
Omega Ratio Rank
BRK-B Calmar Ratio Rank: 4242
Calmar Ratio Rank
BRK-B Martin Ratio Rank: 4242
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DDM vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Dow30 (DDM) and Berkshire Hathaway Inc. (BRK-B). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

DDMBRK-BDifference
Sharpe ratioReturn per unit of total volatility
1.44
-0.02

+1.46

Sortino ratioReturn per unit of downside risk
2.07
0.08

+1.99

Omega ratioGain probability vs. loss probability

1.25

1.01

+0.24

Calmar ratioReturn relative to maximum drawdown

1.87

-0.02

+1.89

Martin ratioReturn relative to average drawdown

6.86

-0.05

+6.91

DDM vs. BRK-B - Sharpe Ratio Comparison

The current DDM Sharpe Ratio is 1.44, which is higher than the BRK-B Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of DDM and BRK-B, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DDM vs. BRK-B - Drawdown Comparison

The maximum DDM drawdown since its inception was -81.70%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for DDM and BRK-B.

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Drawdown Indicators

DDMBRK-BDifference

Max Drawdown

Largest peak-to-trough decline

-81.70%

-53.86%

-27.84%

Max Drawdown (1Y)

Largest decline over 1 year

-19.31%

-9.42%

-9.89%

Max Drawdown (3Y)

Largest decline over 3 years

-31.62%

-14.95%

-16.67%

Max Drawdown (5Y)

Largest decline over 5 years

-40.18%

-26.58%

-13.60%

Max Drawdown (10Y)

Largest decline over 10 years

-63.13%

-29.57%

-33.56%

Current Drawdown

Current decline from peak

-1.61%

-9.36%

+7.75%

Average Drawdown

Average peak-to-trough decline

-17.31%

-11.07%

-6.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.28%

4.53%

+0.75%

Volatility

DDM vs. BRK-B - Volatility Comparison

ProShares Ultra Dow30 (DDM) has a higher volatility of 8.72% compared to Berkshire Hathaway Inc. (BRK-B) at 3.95%. This indicates that DDM's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DDMBRK-BDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.72%

3.95%

+4.77%

Volatility (6M)

Calculated over the trailing 6-month period

19.64%

10.78%

+8.86%

Volatility (1Y)

Calculated over the trailing 1-year period

25.09%

14.38%

+10.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.67%

17.12%

+12.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

34.81%

19.44%

+15.37%

Dividends

DDM vs. BRK-B - Dividend Comparison

DDM's dividend yield for the trailing twelve months is around 0.90%, while BRK-B has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
BRK-B
Berkshire Hathaway Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DDM
ProShares Ultra Dow30		0.90%0.94%1.00%0.27%0.83%0.18%0.31%0.62%0.89%0.68%1.08%1.23%

Frequently Asked Questions

DDM and BRK-B have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DDM has higher volatility (8.72%) compared to BRK-B (3.95%). In terms of maximum drawdown, DDM dropped -81.70% vs BRK-B's -53.86%.

DDM currently has the higher Sharpe Ratio (1.44 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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