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DDM vs JNUG

ProShares Ultra Dow30

DDMBNYSE Arca

Direxion Daily Junior Gold Miners Index Bull 2X ETF

JNUGDNYSE Arca

Overlap

Expense ratio

DDM −0.08pt a year

DDM0.95%JNUG1.03%

Avg volume · 30D

JNUG 1.5×the volume

DDM185KJNUG283K

10Y return · a year

DDM +45.8pt

DDM+19.2%JNUG−26.6%

DDM vs JNUG Performance

Oct 29, 2021 – Oct 30, 2026

+68.8%DDM+61.3%JNUG

Oct 29, 2021 to Oct 30, 2026. DDM +68.8%. JNUG +61.3%. Use the arrow keys to read each point.200%300%400%Oct 2021Apr 2024Oct 2026
Expense ratio
DDM 0.95%, better
JNUG 1.03%
Fund size
DDM $507M
JNUG $347M
1Y total return
DDM +13.4%, better
JNUG −26.7%
Yield (12M)
DDM 0.98%
JNUG 3.49%, better
Holdings
DDM 34
JNUG 7
Avg volume (30D)
DDM 185K sh
JNUG 283K sh, better
NAV per share
DDM $62.99
JNUG $114.05
52W range

ETF.net Grade

DDM: Cost 51, Risk 79, Mission 92, Tradability 93, Holdings 53, Durability 79. JNUG: Cost 21, Risk 34, Mission not scored, Tradability 56, Holdings not scored, Durability 73.
Pillar letters and Scores for DDM, JNUG, with each pillar’s weight
PillarDDMJNUG
Cost30% weightC51HigherF21
Mission25% weightA92Not scored
Risk15% weightA79HigherD34
Tradability15% weightA93HigherB56
Holdings10% weightC53Not scored
Durability5% weightA79HigherA73

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DDM and JNUG are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

DDM ranks 4th and JNUG 74th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 77
  2. Rank 2AUYGProShares Ultra FinancialsScore 74
  3. Rank 3AROMProShares Ultra TechnologyScore 71
  4. Rank 4BDDMProShares Ultra Dow30Score 69
  5. Rank 5BUSDProShares Ultra SemiconductorsScore 68
  6. Rank 71DUPLTProShares Ultra Platinum K-1 Free ETFScore 38
  7. Rank 74DJNUGDirexion Daily Junior Gold Miners Index Bull 2X ETFScore 36
  8. Rank 75DCHAUDirexion Daily CSI 300 China A Share Bull 2X SharesScore 35

Our read on each fund

ETF.net Research

DDMBProShares Ultra Dow30

JNUGDDirexion Daily Junior Gold Miners Index Bull 2X ETF

In short

DDM The Dow dates to 1896. DDM is the only ETF built to double its daily move: 2x the Dow Jones Industrial Average, reset every single day, for 0.95% a year, running since 2006.

JNUG Gold's high-octane corner. JNUG aims for 200% of the daily move in an index of junior gold miners, the small exploration and development names that swing hardest when bullion twitches. Running since 2013, built for day-length holding periods.

Stated mandate

DDM The fund seeks daily investment results, before fees and expenses, corresponding to twice the daily performance of the Dow Jones Industrial Average.

JNUG The fund seeks daily investment results equal to 200% of the performance of the MVIS Global Junior Gold Miners Index, before fees and expenses.

Why people hold it

  • DDM The only ETF that targets 2x the daily return of the Dow Jones Industrial Average. Leveraged blue-chip exposure through one ticker, no margin account needed.proshares.com
  • Trading since 2006, and its day-to-day results have stayed close to the 2x daily target across nearly two decades of market cycles.proshares.com
  • Easy to get in and out of for a fund its size, and one of the strongest implementations in its peer group of leveraged bull funds.
  • The 0.95% fee sits near the typical charge for leveraged funds, and it is the standing rate, not a number propped up by a temporary waiver.
  • JNUG Narrow on purpose: it targets junior gold miners through the MVIS Global Junior Gold Miners Index, not the big established producers, then applies 2x daily leverage.
  • Live since 2013, so it has traded through several full gold cycles. Long history, one of the more established names in Direxion's leveraged lineup.
  • The 1.03% expense ratio is right in line with what leveraged ETFs typically charge, so the niche exposure carries no cost premium over broad-market 2x and 3x funds.

Worth knowing

  • DDM The 2x target resets daily. Hold for weeks and compounding takes over, so results can land well away from twice the Dow's move, especially in choppy markets.proshares.com
  • The Dow is price-weighted across 30 blue chips, so a high-priced stock swings it more than a far larger company does.spglobal.com
  • Sibling leveraged funds cost a little less: QLD charges 0.89% net of a waiver through September 30, 2027, against a 0.96% gross rate.
  • JNUG The leverage resets every day. Hold past one session and compounding drives the result, which in choppy markets can land well away from 2x the index move.
  • Junior miners are among the jumpiest equities out there before any leverage. Doubling the daily move amplifies drops as much as gains.
  • At 1.03% a year, the fee is a real drag on anything held for long stretches, which sits awkwardly with a fund designed around single-day results.

Full DDM profile⁠

Full JNUG profile⁠

DDM vs JNUG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DDM vs JNUG Cost

Overpaying JNUG vs DDM

$1,304

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DDM 0.95%

    $17,869

  • JNUG 1.03%

    $19,173

$10,000
30 years

Cost over time

  • DDM 0.95%
  • JNUG 1.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530JNUG $19,173DDM $17,869

Year by year

YearDDMJNUGOverpaying
10$1,678$1,814$136
20$6,322$6,807$485
30$17,869$19,173$1,304

Expense ratio

  • 0.95%DDM, cheaper
  • 1.03%JNUG
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

DDM 32nd cheapest of 95 funds

JNUG 78th cheapest of 95 funds

DDM vs JNUG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DDM 0.98%
JNUG 3.49%, better
Payout (12M)
DDM $0.62
JNUG $3.51
Last payment
DDM $0.15
JNUG $0.76
Ex-dividend
DDM Sep 23, 2026
JNUG Sep 22, 2026
Paid on
DDM Sep 29, 2026
JNUG Sep 29, 2026
Frequency
DDM Quarterly
JNUG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DDMQuarterly · 33 paymentsAll DDM payments⁠
One bar per payment. 33 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.04; Jun 21, 2017 $0.03; Sep 27, 2017 $0.04; Dec 26, 2017 $0.04; Mar 21, 2018 $0.03; Jun 20, 2018 $0.03; Sep 26, 2018 $0.06; Dec 26, 2018 $0.04; Mar 20, 2019 $0.04; Jun 25, 2019 $0.05; Dec 24, 2019 $0.07; Mar 25, 2020 $0.06; Jun 24, 2020 $0.0055; Dec 23, 2020 $0.02; Mar 23, 2021 $0.01; Sep 22, 2021 $0.0052; Dec 23, 2021 $0.05; Mar 23, 2022 $0.07; Jun 22, 2022 $0.04; Sep 21, 2022 $0.04; Dec 22, 2022 $0.12; Dec 20, 2023 $0.11; Mar 20, 2024 $0.12; Jun 26, 2024 $0.13; Sep 25, 2024 $0.14; Dec 23, 2024 $0.09; Mar 26, 2025 $0.13; Jun 25, 2025 $0.13; Sep 24, 2025 $0.15; Dec 24, 2025 $0.14; Mar 25, 2026 $0.16; Jun 24, 2026 $0.17; Sep 23, 2026 $0.15. Use the arrow keys to read each point.$0$52017202020232026YTD
JNUGQuarterly · 21 paymentsAll JNUG payments⁠
One bar per payment. 21 payments from 2017 to 2026 YTD. Mar 21, 2017 $4.51; Dec 27, 2018 $0.27; Mar 19, 2019 $2.22; Mar 24, 2020 $0.12; Mar 23, 2021 $0.34; Mar 21, 2023 $0.17; Jun 21, 2023 $0.13; Sep 19, 2023 $0.13; Dec 21, 2023 $0.12; Mar 19, 2024 $0.35; Jun 25, 2024 $0.20; Sep 24, 2024 $0.15; Dec 23, 2024 $0.03; Mar 25, 2025 $0.82; Jun 24, 2025 $0.16; Sep 23, 2025 $0.15; Dec 23, 2025 $0.07; Dec 31, 2025 $0.93; Mar 24, 2026 $1.20; Jun 23, 2026 $0.56; Sep 22, 2026 $0.76. Use the arrow keys to read each point.$0$52017202020232026YTD

DDM vs JNUG Risk

Fall from peak · 5 years

  • DDM
  • JNUG
Oct 29, 2021 to Oct 30, 2026. Worst fall: JNUG −76.7% · Sep 2022. Use the arrow keys to read each point.−80%−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
DDM 24.6%, betterJNUG 94.5%
Return per unit of riskSharpe ratio, 3 years
DDM 0.96, betterJNUG 0.88
Worst fallMax drawdown, 5 years
DDM −40.2%, betterJNUG −76.7%
Market sensitivityBeta, 5 years
DDM 1.74JNUG 0.86

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