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IXC vs. DDM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IXC vs. DDM

Last updated Jun 23, 2026

IXC (iShares Global Energy ETF) and DDM (ProShares Ultra Dow30) are both exchange-traded funds - IXC is a Energy Equities fund tracking the S&P Global 1200 Energy Capped Index, while DDM is a Leveraged Equities fund tracking the Dow Jones Industrial Average Index (200%). Both are passively managed. Over the past 10 years, IXC returned 9.33%/yr vs 20.49%/yr for DDM. A 0.62 correlation means they provide meaningful diversification when combined. IXC charges 0.40%/yr vs 0.95%/yr for DDM.

Performance

IXC vs. DDM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Energy ETF (IXC) and ProShares Ultra Dow30 (DDM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IXC achieves a 21.76% return, which is significantly higher than DDM's 13.28% return. Over the past 10 years, IXC has underperformed DDM with an annualized return of 9.33%, while DDM has yielded a comparatively higher 20.49% annualized return.

IXC

1D
1.08%
1M
-9.08%
YTD
21.76%
6M
23.49%
1Y
28.26%
3Y*
16.21%
5Y*
17.91%
10Y*
9.33%

DDM

1D
0.50%
1M
4.22%
YTD
13.28%
6M
11.77%
1Y
43.91%
3Y*
26.61%
5Y*
13.89%
10Y*
20.49%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IXC vs. DDM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IXC
iShares Global Energy ETF		21.76%13.98%1.95%3.92%48.51%40.88%-31.00%12.67%-14.85%5.54%
DDM
ProShares Ultra Dow30		13.28%20.59%21.60%24.34%-19.48%41.97%2.14%47.98%-13.46%59.56%

Correlation

The correlation between IXC and DDM is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

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

-0.03

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

0.26

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

0.39

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

0.51

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

0.62

The correlation between IXC and DDM shifts across timeframes, from -0.03 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.

IXC vs. DDM - Sectors Allocation Comparison

Sectors
IXC
DDM

Energy

100.0%
1.5%

Basic Materials

-

2.7%

Communication Services

-

1.3%

Consumer Cyclical

-

7.7%

Consumer Defensive

-

3.0%

Financial Services

-

34.6%

Healthcare

-

9.2%

Industrials

-

13.6%

Real Estate

-

-

Technology

-

12.0%

Utilities

-

-

Energy

IXC
100.0%
DDM
1.5%

Basic Materials

IXC

-

DDM
2.7%

Communication Services

IXC

-

DDM
1.3%

Consumer Cyclical

IXC

-

DDM
7.7%

Consumer Defensive

IXC

-

DDM
3.0%

Financial Services

IXC

-

DDM
34.6%

Healthcare

IXC

-

DDM
9.2%

Industrials

IXC

-

DDM
13.6%

Real Estate

IXC

-

DDM

-

Technology

IXC

-

DDM
12.0%

Utilities

IXC

-

DDM

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Global Energy ETF

ProShares Ultra Dow30

Often compared with IXC:
IXC vs. XLEIXC vs. VDEIXC vs. IYEIXC vs. OIHIXC vs. IUES.LIXC vs. XDW0.DEIXC vs. PXE
Often compared with DDM:
DDM vs. UDOWDDM vs. DIADDM vs. SPUUDDM vs. DJDDDM vs. ^SP500TRDDM vs. SCHDDDM vs. SPXL

Return for Risk

IXC vs. DDM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IXC
IXC Risk / Return Rank: 4343
Overall Rank
IXC Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
IXC Sortino Ratio Rank: 4040
Sortino Ratio Rank
IXC Omega Ratio Rank: 3939
Omega Ratio Rank
IXC Calmar Ratio Rank: 4444
Calmar Ratio Rank
IXC Martin Ratio Rank: 4747
Martin Ratio Rank
DDM
DDM Risk / Return Rank: 5050
Overall Rank
DDM Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
DDM Sortino Ratio Rank: 5353
Sortino Ratio Rank
DDM Omega Ratio Rank: 4848
Omega Ratio Rank
DDM Calmar Ratio Rank: 4747
Calmar Ratio Rank
DDM Martin Ratio Rank: 5050
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.

IXC vs. DDM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Energy ETF (IXC) and ProShares Ultra Dow30 (DDM). 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.

IXCDDMDifference
Sharpe ratioReturn per unit of total volatility
1.48
1.77

-0.29

Sortino ratioReturn per unit of downside risk
1.99
2.47

-0.48

Omega ratioGain probability vs. loss probability

1.25

1.30

-0.05

Calmar ratioReturn relative to maximum drawdown

2.13

2.28

-0.15

Martin ratioReturn relative to average drawdown

7.61

8.37

-0.76

IXC vs. DDM - Sharpe Ratio Comparison

The current IXC Sharpe Ratio is 1.48, which is comparable to the DDM Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of IXC and DDM, 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

IXC vs. DDM - Drawdown Comparison

The maximum IXC drawdown since its inception was -67.88%, smaller than the maximum DDM drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for IXC and DDM.

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Drawdown Indicators

IXCDDMDifference

Max Drawdown

Largest peak-to-trough decline

-67.88%

-81.70%

+13.82%

Max Drawdown (1Y)

Largest decline over 1 year

-13.31%

-19.31%

+6.00%

Max Drawdown (3Y)

Largest decline over 3 years

-19.06%

-31.62%

+12.56%

Max Drawdown (5Y)

Largest decline over 5 years

-24.93%

-40.18%

+15.25%

Max Drawdown (10Y)

Largest decline over 10 years

-64.16%

-63.13%

-1.03%

Current Drawdown

Current decline from peak

-12.37%

-1.34%

-11.03%

Average Drawdown

Average peak-to-trough decline

-17.46%

-17.29%

-0.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.76%

5.26%

-1.50%

Volatility

IXC vs. DDM - Volatility Comparison

The current volatility for iShares Global Energy ETF (IXC) is 6.48%, while ProShares Ultra Dow30 (DDM) has a volatility of 8.41%. This indicates that IXC experiences smaller price fluctuations and is considered to be less risky than DDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IXCDDMDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.48%

8.41%

-1.93%

Volatility (6M)

Calculated over the trailing 6-month period

15.81%

19.59%

-3.78%

Volatility (1Y)

Calculated over the trailing 1-year period

19.19%

24.95%

-5.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.48%

29.63%

-6.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.87%

34.83%

-7.96%

IXC vs. DDM - Expense Ratio Comparison

IXC has a 0.40% expense ratio, which is lower than DDM's 0.95% expense ratio.

Dividends

IXC vs. DDM - Dividend Comparison

IXC's dividend yield for the trailing twelve months is around 3.12%, more than DDM's 0.88% yield.

PositionTTM20252024202320222021202020192018201720162015
DDM
ProShares Ultra Dow30		0.88%0.94%1.00%0.27%0.83%0.18%0.31%0.62%0.89%0.68%1.08%1.23%
IXC
iShares Global Energy ETF		3.12%3.68%4.56%3.45%4.76%3.98%4.86%7.00%3.51%3.05%2.86%3.77%

Frequently Asked Questions

IXC and DDM have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DDM has higher volatility (8.41%) compared to IXC (6.48%). In terms of maximum drawdown, IXC dropped -67.88% vs DDM's -81.70%.

On 10-year performance, DDM leads with 20.49% vs 9.33% for IXC. On fees, IXC is cheaper at 0.40% per year. On volatility, IXC has been the lower-risk option at 6.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, DDM has performed better with a 20.49% return vs 9.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IXC is cheaper with a 0.40% expense ratio, compared with 0.95% for DDM.

IXC has the higher dividend yield at 3.12%, compared with 0.88% for DDM.

IXC is categorized as Energy Equities, while DDM is Leveraged Equities. IXC tracks S&P Global 1200 Energy Capped Index, while DDM tracks Dow Jones Industrial Average Index (200%). They also come from different issuers: iShares and ProShares. Their fees differ too: 0.40% for IXC and 0.95% for DDM.

DDM currently has the higher Sharpe Ratio (1.77 vs 1.48), 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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