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DDM vs SKYU

ProShares Ultra Dow30

DDMBNYSE Arca

ProShares Ultra Nasdaq Cloud Computing

SKYUCNasdaq

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

DDM0.95%SKYU0.95%

Avg volume · 30D

DDM 33.3×the volume

DDM185KSKYU5.57K

5Y return · a year

DDM +12.2pt

DDM+11.0%SKYU−1.2%

DDM vs SKYU Performance

Oct 29, 2021 – Oct 30, 2026

+68.8%DDM−5.6%SKYU

Oct 29, 2021 to Oct 30, 2026. DDM +68.8%. SKYU −5.6%. Use the arrow keys to read each point.−75%−50%−25%25%50%Oct 2021Apr 2024Oct 2026
Expense ratio
DDM 0.95%
SKYU 0.95%
Fund size
DDM $507M
SKYU $4M
1Y total return
DDM +13.4%, better
SKYU +9.0%
Yield (12M)
DDM 0.98%, better
SKYU 0.47%
Holdings
DDM 34
SKYU 66
Avg volume (30D)
DDM 185K sh, better
SKYU 5.57K sh
NAV per share
DDM $62.99
SKYU $48.63
52W range

ETF.net Grade

DDM: Cost 51, Risk 79, Mission 92, Tradability 93, Holdings 53, Durability 79. SKYU: Cost 51, Risk 44, Mission not scored, Tradability 64, Holdings 73, Durability 54.
Pillar letters and Scores for DDM, SKYU, with each pillar’s weight
PillarDDMSKYU
Cost30% weightC51C51
Mission25% weightA92Not scored
Risk15% weightA79HigherC44
Tradability15% weightA93HigherB64
Holdings10% weightC53A73Higher
Durability5% weightA79HigherC54

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 SKYU 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 SKYU 37th 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 37CMEGXCorgi U.S. Mega-Cap Growth 2x Daily ETFScore 40
  7. Rank 37CSKYUProShares Ultra Nasdaq Cloud ComputingScore 40
  8. Rank 37CTSXUDirexion Daily Semiconductors Top 5 Bull 2X ETFScore 40

Our read on each fund

ETF.net Research

DDMBProShares Ultra Dow30

SKYUCProShares Ultra Nasdaq Cloud Computing

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.

SKYU A 2x daily play on the cloud stack. The index scores companies by how many layers they run (infrastructure, platform, software) and weights them by that score, and SKYU aims to double its daily move. A one-day-at-a-time tool.

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.

SKYU The fund seeks daily returns equal to twice the daily performance of the ISE CTA Cloud Computing 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.
  • SKYU Weight is earned by role, not size: 3 points for infrastructure, 2 for platform, 1 for software, modified equal weight, with constituents capped at 4.5% at each rebalance.nasdaq.comnasdaqomx.comnasdaqomx.com 2
  • The fee is 0.95% net of a waiver through September 30, 2027 (5.86% gross), near the category median and level with ProShares stablemates like DDM at 0.95%.
  • Not a two-stock theme sleeve: roughly 70 cloud names, from infrastructure giants down to subscription software, inside one leveraged wrapper.
  • The underlying ISE CTA Cloud Computing Index launched back in 2007, well before cloud became a marketing word, and SKYU has tracked its 2x mandate since 2021.nasdaqomx.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.
  • SKYU The 2x target applies to a single day. Hold longer and compounding takes over, so results can drift well away from twice the index move, especially in choppy markets.proshares.com
  • A small fund that trades thinly, so bid-ask spreads can run wide and larger orders can push the price around.
  • Cloud is one slice of tech and the fund is non-diversified, so a bad stretch for software multiples lands at double speed.proshares.com

Full DDM profile⁠

Full SKYU profile⁠

DDM vs SKYU 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 SKYU Cost

Same expense ratio

$17,869

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

  • DDM 0.95%

    $17,869

  • SKYU 0.95%

    $17,869

$10,000
30 years

Cost over time

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

Year by year

YearDDMSKYU
10$1,678$1,678
20$6,322$6,322
30$17,869$17,869

Expense ratio

  • 0.95%DDM
  • 0.95%SKYU
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

DDM 32nd cheapest of 95 funds

SKYU 32nd cheapest of 95 funds

DDM vs SKYU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DDM 0.98%, better
SKYU 0.47%
Payout (12M)
DDM $0.62
SKYU $0.23
Last payment
DDM $0.15
SKYU $0.0078
Ex-dividend
DDM Sep 23, 2026
SKYU Sep 23, 2026
Paid on
DDM Sep 29, 2026
SKYU Sep 29, 2026
Frequency
DDM Quarterly
SKYU 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
SKYUQuarterly · 8 paymentsAll SKYU payments⁠
One bar per payment. 8 payments from 2017 to 2026 YTD. Sep 25, 2024 $0.03; Dec 23, 2024 $0.04; Mar 26, 2025 $0.0054; Sep 24, 2025 $0.08; Dec 24, 2025 $0.12; Mar 25, 2026 $0.06; Jun 24, 2026 $0.04; Sep 23, 2026 $0.0078. Use the arrow keys to read each point.$0$0.202017202020232026YTD

DDM vs SKYU Risk

Fall from peak · 5 years

  • DDM
  • SKYU
Oct 29, 2021 to Oct 30, 2026. Worst fall: SKYU −83.0% · Jan 2023. 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%, betterSKYU 53.9%
Return per unit of riskSharpe ratio, 3 years
DDM 0.96, betterSKYU 0.90
Worst fallMax drawdown, 5 years
DDM −40.2%, betterSKYU −83.0%
Market sensitivityBeta, 5 years
DDM 1.74SKYU 2.89

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