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.
Performance
DDM vs. ^SP500TR - Performance Comparison
Returns By Period
In the year-to-date period, DDM achieves a 29.86% return, which is significantly higher than ^SP500TR's 26.26% return. Over the past 10 years, DDM has outperformed ^SP500TR with an annualized return of 17.38%, while ^SP500TR has yielded a comparatively lower 13.21% annualized return.
DDM
29.86%
3.98%
23.11%
47.84%
14.62%
17.38%
^SP500TR
26.26%
1.79%
13.68%
32.39%
15.71%
13.21%
Key characteristics
| DDM | ^SP500TR | |
|---|---|---|
| Sharpe Ratio | 2.24 | 2.69 |
| Sortino Ratio | 2.97 | 3.59 |
| Omega Ratio | 1.39 | 1.50 |
| Calmar Ratio | 3.47 | 3.90 |
| Martin Ratio | 12.00 | 17.53 |
| Ulcer Index | 4.10% | 1.88% |
| Daily Std Dev | 22.03% | 12.24% |
| Max Drawdown | -81.70% | -55.25% |
| Current Drawdown | -1.92% | -0.81% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
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 8.85% compared to S&P 500 Total Return (^SP500TR) at 3.95%. 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.