DDM vs TEXU

DDMBProShares Ultra Dow30

TEXUDDirexion Daily Energy Top 5 Bull 2X 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.

TEXU Direxion's Titans line sits between a broad sector bet and a single stock: TEXU aims for 200% of the daily move of an equal-weighted index of the five largest S&P 500 energy names. It resets every 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.

TEXU The fund seeks daily investment results equal to 200% of the performance of the S&P 500 Energy (Sector) Top 5 Equal Capped 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.

• TEXU Concentrated, but spread across five names: the index holds the top five S&P 500 energy companies at equal weight with caps, so no one ticker runs the whole basket.direxion.comdirexion.com 2
• Fee of 0.98% net of a waiver through September 1, 2027 (gross 8.25%), near the leveraged-bull median and close to long-running peers ROM and UYG at 0.93%.
• Direxion states the mechanics plainly: 200% of the index for a single day, with no expectation of twice the index return over longer stretches. The index and multiple are named in the fund's own fact sheet.direxion.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.

• TEXU The daily reset means compounding. Over several choppy days in energy, the result can land well away from twice the index move, in either direction.direxion.com
• A 2025 launch that is still small and thinly traded next to the category's veterans, which can mean wider spreads at the moment you trade.
• That 0.98% rides on a contractual waiver; the gross expense ratio is 8.25%, so the cost picture leans on the waiver currently set to run through September 1, 2027.

Full DDM profile⁠

Full TEXU profile⁠