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DDM vs ROM

ProShares Ultra Dow30

DDMBNYSE Arca

ProShares Ultra Technology

ROMANYSE Arca

Overlap

Expense ratio

ROM −0.02pt a year

DDM0.95%ROM0.93%

Avg volume · 30D

DDM 3.9×the volume

DDM185KROM47.7K

10Y return · a year

ROM +17.4pt

DDM+19.2%ROM+36.6%

DDM vs ROM Performance

Oct 29, 2021 – Oct 30, 2026

+68.8%DDM+126.1%ROM

Oct 29, 2021 to Oct 30, 2026. DDM +68.8%. ROM +126.1%. Use the arrow keys to read each point.−50%0%200%Oct 2021Apr 2024Oct 2026
Expense ratio
DDM 0.95%
ROM 0.93%, better
Fund size
DDM $507M
ROM $1.15B
1Y total return
DDM +13.4%
ROM +26.5%, better
Yield (12M)
DDM 0.98%, better
ROM 0.03%
Holdings
DDM 34
ROM 85
Avg volume (30D)
DDM 185K sh, better
ROM 47.7K sh
NAV per share
DDM $62.99
ROM $132.18
52W range

ETF.net Grade

DDM: Cost 51, Risk 79, Mission 92, Tradability 93, Holdings 53, Durability 79. ROM: Cost 70, Risk 56, Mission not scored, Tradability 88, Holdings not scored, Durability 81.
Pillar letters and Scores for DDM, ROM, with each pillar’s weight
PillarDDMROM
Cost30% weightC51A70Higher
Mission25% weightA92Not scored
Risk15% weightA79HigherB56
Tradability15% weightA93HigherA88
Holdings10% weightC53Not scored
Durability5% weightA79A81Higher

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 ROM 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 ›

ROM ranks 3rd and DDM 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

Our read on each fund

ETF.net Research

DDMBProShares Ultra Dow30

ROMAProShares Ultra Technology

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.

ROM The original 2x tech trade. Since 2007, ROM has aimed at twice the daily move of the S&P 500's technology sector: a double dose in a category now stacked with triples.

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.

ROM ROM seeks daily investment results, before fees and expenses, corresponding to twice the daily performance of the S&P Technology Select Sector SM Index.

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.
  • ROM Two times, not three. A 2x daily target means smaller swings and less compounding drag than a 3x fund chasing the same sector.sec.gov
  • Live since January 2007, so it has run through the 2008 crash and the full tech cycle since. Long mileage is rare in geared funds.
  • 0.93% a year, flat, with no waiver propping it up. Peer QLD runs 0.89%, but only net of a waiver through September 30, 2027.
  • One of the strongest implementations in the leveraged-bull pack, from an issuer that has run geared funds since the category's early days.proshares.com

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.
  • ROM The 2x target resets at each close, so results over weeks or months depend on the path the sector takes, not just where it ends up.sec.govproshares.com
  • Trades thinner than the category's headline names, so spreads and limit orders matter, especially in size.
  • About 80 tech names from the S&P 500. That is one concentrated sector bet, doubled, in both directions.

Full DDM profile⁠

Full ROM profile⁠

DDM vs ROM 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 ROM Cost

Overpaying DDM vs ROM

$330

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

  • DDM 0.95%

    $17,869

  • ROM 0.93%

    $17,539

$10,000
30 years

Cost over time

  • DDM 0.95%
  • ROM 0.93%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DDM $17,869ROM $17,539

Year by year

YearDDMROMOverpaying
10$1,678$1,644$34
20$6,322$6,199$123
30$17,869$17,539$330

Expense ratio

  • 0.95%DDM
  • 0.93%ROM, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

ROM 29th cheapest of 95 funds

DDM 32nd cheapest of 95 funds

DDM vs ROM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DDM 0.98%, better
ROM 0.03%
Payout (12M)
DDM $0.62
ROM $0.04
Last payment
DDM $0.15
ROM $0.02
Ex-dividend
DDM Sep 23, 2026
ROM Mar 25, 2026
Paid on
DDM Sep 29, 2026
ROM Mar 31, 2026
Frequency
DDM Quarterly
ROM 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$0.202017202020232026YTD
ROMQuarterly · 19 paymentsAll ROM payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.0015; Dec 26, 2017 $0.0075; Mar 21, 2018 $0.0064; Jun 20, 2018 $0.006; Dec 26, 2018 $0.02; Mar 20, 2019 $0.01; Jun 25, 2019 $0.0043; Dec 24, 2019 $0.01; Mar 25, 2020 $0.02; Dec 20, 2023 $0.0042; Mar 20, 2024 $0.01; Jun 26, 2024 $0.04; Sep 25, 2024 $0.06; Dec 23, 2024 $0.03; Mar 26, 2025 $0.02; Jun 25, 2025 $0.14; Sep 24, 2025 $0.05; Dec 24, 2025 $0.02; Mar 25, 2026 $0.02. Use the arrow keys to read each point.$0$0.202017202020232026YTD

DDM vs ROM Risk

Fall from peak · 5 years

  • DDM
  • ROM
Oct 29, 2021 to Oct 30, 2026. Worst fall: ROM −67.6% · Nov 2022. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
DDM 24.6%, betterROM 49.3%
Return per unit of riskSharpe ratio, 3 years
DDM 0.96ROM 0.97, better
Worst fallMax drawdown, 5 years
DDM −40.2%, betterROM −67.6%
Market sensitivityBeta, 5 years
DDM 1.74ROM 3.09

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