DDM vs UCC

DDMBProShares Ultra Dow30

UCCCProShares Ultra Consumer Discretionary

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.

UCC The original 2x bet on the American shopper: since 2007, UCC has aimed to deliver twice the daily move of the S&P Consumer Discretionary Select Sector Index, spreading its leverage across a whole sector basket instead of one hot stock.

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.

UCC UCC seeks daily investment results, before fees and expenses, equal to twice the daily performance of the S&P Consumer Discretionary Select Sector 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.

• UCC Launched in 2007, one of the longest-running leveraged sector ETFs, with nearly two decades of trading through bull runs, crashes and rate shocks.proshares.com
• Leverage rides a basket of about 60 discretionary names rather than a single stock, so no one earnings miss sets the whole position.proshares.com
• Costs 0.95% net of a waiver through September 30, 2027 (gross 1.67%), near the category median and level with ProShares stablemate DDM at 0.95%.
• One ticker in an ordinary brokerage account does the work: no margin loan, no swap desk, no rolling futures yourself.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.

• UCC The 2x target resets every day. Hold longer and compounding takes over, so multi-day results can land well off twice the index move, especially in choppy markets.proshares.com
• A small fund that sits among the thinner traders in its category, so spreads can widen; the price you see may not be the price you get at market.
• That 0.95% is net of a waiver with a stated end date of September 30, 2027; the gross expense ratio behind it is 1.67%.

Full DDM profile⁠

Full UCC profile⁠