^SP500TR vs. DDM
Compare and contrast key facts about S&P 500 Total Return (^SP500TR) and ProShares Ultra Dow30 (DDM).
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: ^SP500TR or DDM.
Correlation
The correlation between ^SP500TR and DDM 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
^SP500TR vs. DDM - Performance Comparison
Key characteristics
^SP500TR:
0.73
DDM:
0.33
^SP500TR:
1.13
DDM:
0.71
^SP500TR:
1.17
DDM:
1.10
^SP500TR:
0.75
DDM:
0.36
^SP500TR:
2.98
DDM:
1.19
^SP500TR:
4.74%
DDM:
9.53%
^SP500TR:
19.40%
DDM:
33.85%
^SP500TR:
-55.25%
DDM:
-81.70%
^SP500TR:
-7.80%
DDM:
-19.05%
Returns By Period
In the year-to-date period, ^SP500TR achieves a -3.52% return, which is significantly higher than DDM's -9.01% return. Over the past 10 years, ^SP500TR has underperformed DDM with an annualized return of 12.35%, while DDM has yielded a comparatively higher 14.98% annualized return.
^SP500TR
-3.52%
11.44%
-0.43%
11.69%
16.53%
12.35%
DDM
-9.01%
14.15%
-6.40%
6.94%
21.09%
14.98%
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Risk-Adjusted Performance
^SP500TR vs. DDM — Risk-Adjusted Performance Rank
^SP500TR
DDM
^SP500TR vs. DDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Total Return (^SP500TR) 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.
Drawdowns
^SP500TR vs. DDM - Drawdown Comparison
The maximum ^SP500TR drawdown since its inception was -55.25%, smaller than the maximum DDM drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for ^SP500TR and DDM. For additional features, visit the drawdowns tool.
Volatility
^SP500TR vs. DDM - Volatility Comparison
The current volatility for S&P 500 Total Return (^SP500TR) is 13.19%, while ProShares Ultra Dow30 (DDM) has a volatility of 22.55%. This indicates that ^SP500TR 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.