Key stats
About ProShares Ultra Dow30
Expense ratio
0.95%
Home page
Inception date
Jun 19, 2006
DDM is a short-term tactical tool that delivers 2x returns for a single day. Investors holding the fund for longer than a day will need to monitor and rebalance their position to achieve the 2x multiple. Aside from the leverage, DDM's underlying indexthe venerable Dow Jones Industrial Averagehas its warts despite its popularity. As an under-diversified, price-weighted index, the Dow Jones Industrial Average draws serious skepticism about its utility as the foundation for a long-term buy-and-hold strategy. Still, investors betting on short-term market moves might be less deterred by the Dow's shortfalls. As a short-term play, DDM's liquidity and associated trading costs are critical.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Cash
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.