Skip to content
etf.net

DDM vs TARK

ProShares Ultra Dow30

DDMBNYSE Arca

Tradr 2X Long Innovation ETF

TARKDNasdaq

Overlap

Expense ratio

DDM −0.53pt a year

DDM0.95%TARK1.48%

Avg volume · 30D

DDM 8.4×the volume

DDM185KTARK22.1K

3Y return · a year

TARK +1.0pt

DDM+26.9%TARK+27.9%

DDM vs TARK Performance

Oct 31, 2025 – Nov 2, 2026

+14.5%DDM−37.6%TARK

Oct 31, 2025 to Nov 2, 2026. DDM +14.5%. TARK −37.6%. Use the arrow keys to read each point.−20%0%Oct 2025May 2026Nov 2026
Expense ratio
DDM 0.95%, better
TARK 1.48%
Fund size
DDM $507M
TARK $11M
1Y total return
DDM +14.5%, better
TARK −37.6%
Yield (12M)
DDM 0.97%
TARK 35.39%, better
Holdings
DDM 34
TARK 2
Avg volume (30D)
DDM 185K sh, better
TARK 22.1K sh
NAV per share
DDM $62.99
TARK $41.57
52W range

ETF.net Grade

DDM: Cost 51, Risk 79, Mission 92, Tradability 93, Holdings 53, Durability 79. TARK: Cost 7, Risk 30, Mission 85, Tradability 63, Holdings 28, Durability 49.
Pillar letters and Scores for DDM, TARK, with each pillar’s weight
PillarDDMTARK
Cost30% weightC51HigherF7
Mission25% weightA92HigherA85
Risk15% weightA79HigherD30
Tradability15% weightA93HigherB63
Holdings10% weightC53HigherD28
Durability5% weightA79HigherC49

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 TARK 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 TARK 86th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 78
  2. Rank 2AUYGProShares Ultra FinancialsScore 73
  3. Rank 3AROMProShares Ultra TechnologyScore 71
  4. Rank 4BDDMProShares Ultra Dow30Score 69
  5. Rank 5BUSDProShares Ultra SemiconductorsScore 68
  6. Rank 86DCWEBDirexion Daily CSI China Internet Index Bull 2X ETFScore 28
  7. Rank 86DTARKTradr 2X Long Innovation ETFScore 28
  8. Rank 88DRAMRoundhill T-REX 2X Long DRAM Daily Target ETFScore 27

Our read on each fund

ETF.net Research

DDMBProShares Ultra Dow30

TARKDTradr 2X Long Innovation 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.

TARK Most leveraged ETFs double an index. TARK doubles a stock picker: it targets 2x the daily move of ARKK, ARK's actively managed innovation fund, in one ticker. Costs 1.48% net of a waiver through July 31, 2027, with leverage reset daily.

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.

TARK The Fund seeks daily investment results equal to two times the daily performance of the ARK Innovation ETF. It targets this result for one trading day only.

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.
  • TARK One ticker for 2x daily ARKK. The fund uses swaps and rebalances daily, targeting double the ARK Innovation ETF's one-day move without a margin account.tradretfs.com
  • The reference asset is a live active portfolio, not an index, so exposure shifts as ARK's managers trade rather than on a reconstitution calendar.tradretfs.com
  • Trading since 2022, it has stayed close to its stated daily 2x target, and the daily rebalance resets exposure each session instead of letting it drift.tradretfs.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.
  • TARK At 1.48% net of a waiver through July 31, 2027 (1.78% gross), it sits above the category median. Index-based 2x funds like QLD (0.89%, net of a waiver through September 30, 2027) and ROM (0.93%) cost less.
  • Leverage resets daily, so a multi-day result compounds off each day's move and can land well off 2x the period change, especially after choppy stretches.tradretfs.com
  • It is a small fund that trades lightly next to the big index-based leveraged ETFs, which can show up as wider spreads at the point of trade.

Full DDM profile⁠

Full TARK profile⁠

DDM vs TARK 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 TARK Cost

Overpaying TARK vs DDM

$8,130

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

  • DDM 0.95%

    $17,869

  • TARK 1.48%

    $25,999

$10,000
30 years

Cost over time

  • DDM 0.95%
  • TARK 1.48%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530TARK $25,999DDM $17,869

Year by year

YearDDMTARKOverpaying
10$1,678$2,558$880
20$6,322$9,408$3,086
30$17,869$25,999$8,130

Expense ratio

  • 0.95%DDM, cheaper
  • 1.48%TARK
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

DDM 32nd cheapest of 95 funds

TARK 92nd cheapest of 95 funds

DDM vs TARK Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
DDM 0.97%
TARK 35.39%, better
Payout (12M)
DDM $0.62
TARK $14.71
Last payment
DDM $0.15
TARK $14.71
Ex-dividend
DDM Sep 23, 2026
TARK Dec 23, 2025
Paid on
DDM Sep 29, 2026
TARK Dec 26, 2025
Frequency
DDM Quarterly
TARK Annual

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$102017202020232026YTD
TARKAnnual · 2 paymentsAll TARK payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Dec 23, 2024 $0.26; Dec 23, 2025 $14.71. Use the arrow keys to read each point.$0$102017202020232026YTD

DDM vs TARK 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%, betterTARK 83.9%
Return per unit of riskSharpe ratio, 3 years
DDM 0.96, betterTARK 0.69
Worst fallMax drawdown, 5 years
DDM −40.2%TARK −77.8%since May 2022
Market sensitivityBeta, 5 years
DDM 1.73TARK 5.06

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.

  • TARKDvsQLDA

    Tradr 2X Long Innovation ETF · ProShares Ultra QQQ

    Expense ratio
    1.48% · 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.

  • TARKDvsUYGA

    Tradr 2X Long Innovation ETF · ProShares Ultra Financials

    Expense ratio
    1.48% · 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.

  • TARKDvsROMA

    Tradr 2X Long Innovation ETF · ProShares Ultra Technology

    Expense ratio
    1.48% · 0.93%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.