DDM vs MSOX

DDMBProShares Ultra Dow30

MSOXDAdvisorShares MSOS Daily Leveraged 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.

MSOX Two times the daily move of AdvisorShares' US cannabis fund, built with swaps. It is the leveraged expression of one of the market's most volatile sector trades, reset every single day.

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.

MSOX The Fund seeks approximately twice the daily total return of the US Cannabis ETF before fees and expenses, using swap agreements and other leveraged techniques to pursue that daily objective.

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.

• MSOX A rare wrapper: it targets roughly twice the daily total return of MSOS, the US Cannabis ETF, before fees and expenses.
• The machinery is stated plainly in the prospectus: swap agreements and other leveraged techniques pointed at one daily objective. No stock picking, no discretion.advisorshares.com
• Live since 2022, so the daily-reset math has been tested through several cannabis headline cycles rather than a single quiet stretch.
• Actively traded for a fund of its size, which helps when the whole point is getting in and out on short horizons.

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.

• MSOX Daily reset. Hold past one session and returns compound off each close, so a choppy stretch can land far from 2x the period move in either direction.
• At 1.42% a year, it costs more than the typical leveraged bull fund, and that toll is paid daily whichever way cannabis moves.
• Leverage stacked on one already-jumpy sector, in a small fund with no income stream. The entire case rests on price, and swings run deep both ways.

Full DDM profile⁠

Full MSOX profile⁠