Skip to content
etf.net

DDM vs RAAA

ProShares Ultra Dow30

DDMBNYSE Arca

Reckoner Yield Enhanced AAA CLO ETF

RAAA—NYSE Arca

Overlap

Expense ratio

RAAA −0.65pt a year

DDM0.95%RAAA0.30%

Avg volume · 30D

DDM 26.2×the volume

DDM185KRAAA7.07K

DDM vs RAAA Performance

Oct 31, 2025 – Oct 30, 2026

+13.4%DDM+5.6%RAAA

Oct 31, 2025 to Oct 30, 2026. DDM +13.4%. RAAA +5.6%. Use the arrow keys to read each point.−10%0%20%Oct 2025Apr 2026Oct 2026
Expense ratio
DDM 0.95%
RAAA 0.30%, better
Fund size
DDM $507M
RAAA $45M
1Y total return
DDM +13.4%, better
RAAA +5.6%
Yield (12M)
DDM 0.98%
RAAA 5.46%, better
Holdings
DDM 34
RAAA 47
Avg volume (30D)
DDM 185K sh, better
RAAA 7.07K sh
NAV per share
DDM $62.99
RAAA $25.11
52W range

ETF.net Grade

  • —RAAAUnder classification review
DDM: Cost 51, Risk 79, Mission 92, Tradability 93, Holdings 53, Durability 79.
Pillar letters and Scores for DDM, RAAA, with each pillar’s weight
PillarDDMRAAA
Cost30% weightC51Not scored
Mission25% weightA92Not scored
Risk15% weightA79Not scored
Tradability15% weightA93Not scored
Holdings10% weightC53Not scored
Durability5% weightA79Not scored

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

DDM ranks 4th 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. RAAANot yet graded

Our read on each fund

ETF.net Research

DDMBProShares Ultra Dow30

RAAA—Reckoner Yield Enhanced AAA CLO 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.

RAAA No data

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.

RAAA No data

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.

RAAA No data

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.

RAAA No data

Full DDM profile⁠

Full RAAA profile⁠

DDM vs RAAA 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 RAAA Cost

Overpaying DDM vs RAAA

$11,720

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

  • DDM 0.95%

    $17,869

  • RAAA 0.30%

    $6,149

$10,000
30 years

Cost over time

  • DDM 0.95%
  • RAAA 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DDM $17,869RAAA $6,149

Year by year

YearDDMRAAAOverpaying
10$1,678$545$1,133
20$6,322$2,113$4,209
30$17,869$6,149$11,720

Expense ratio

  • 0.95%DDM
  • 0.30%RAAA, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

RAAA 2nd cheapest of 95 funds

DDM 32nd cheapest of 95 funds

DDM vs RAAA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DDM 0.98%
RAAA 5.46%, better
Payout (12M)
DDM $0.62
RAAA $1.37
Last payment
DDM $0.15
RAAA $0.10
Ex-dividend
DDM Sep 23, 2026
RAAA Oct 1, 2026
Paid on
DDM Sep 29, 2026
RAAA Oct 6, 2026
Frequency
DDM Quarterly
RAAA Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

DDMQuarterly · 12 paymentsAll DDM payments⁠
One bar per payment. 12 payments from 2023 to 2026 YTD. 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$0.2020232026YTD
RAAAMonthly · 16 paymentsAll RAAA payments⁠
One bar per payment. 16 payments from 2023 to 2026 YTD. Aug 1, 2025 $0.07; Sep 2, 2025 $0.11; Oct 1, 2025 $0.14; Nov 3, 2025 $0.12; Dec 1, 2025 $0.10; Dec 23, 2025 $0.13; Feb 2, 2026 $0.11; Mar 2, 2026 $0.10; Apr 1, 2026 $0.10; May 1, 2026 $0.11; Jun 1, 2026 $0.10; Jul 1, 2026 $0.11; Aug 3, 2026 $0.11; Aug 31, 2026 $0.06; Sep 1, 2026 $0.11; Oct 1, 2026 $0.10. Use the arrow keys to read each point.$0$0.2020232026YTD

DDM vs RAAA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DDM 24.6%RAAA 0.8%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
DDM 0.96RAAA 1.94since Aug 2025
Worst fallMax drawdown, 5 years
DDM −40.2%RAAA −0.7%since Jul 2025
Market sensitivityBeta, 5 years
DDM 1.74RAAA 0.06

DDM and RAAA in the news

All news⁠

Popular comparisons

  • DDMBvsQLDA

    ProShares Ultra Dow30 · ProShares Ultra QQQ

    Expense ratio
    0.95% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • RAAA—vsQLDA

    Reckoner Yield Enhanced AAA CLO ETF · ProShares Ultra QQQ

    Expense ratio
    0.30% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DDMBvsUYGA

    ProShares Ultra Dow30 · ProShares Ultra Financials

    Expense ratio
    0.95% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • RAAA—vsUYGA

    Reckoner Yield Enhanced AAA CLO ETF · ProShares Ultra Financials

    Expense ratio
    0.30% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DDMBvsROMA

    ProShares Ultra Dow30 · ProShares Ultra Technology

    Expense ratio
    0.95% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • RAAA—vsROMA

    Reckoner Yield Enhanced AAA CLO ETF · ProShares Ultra Technology

    Expense ratio
    0.30% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.