DDM vs URAA

DDMBProShares Ultra Dow30

URAAFDirexion Daily Uranium Industry 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.

URAA A 2x daily play on uranium and nuclear built on an index of other uranium ETFs, so one ticker reaches dozens of miners and reactor names. Fee is 1.30%, net of a waiver through September 1, 2027.

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.

URAA The fund seeks daily investment results, before fees and expenses, equal to twice the performance of the Solactive United States Uranium and Nuclear Energy ETF Select 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.

• URAA The benchmark tracks US-listed uranium and nuclear ETFs instead of hand-picking stocks, so a single trade spans dozens of companies across mining, fuel and reactors.direxion.comdirexion.com 2
• Direxion states the 200% target applies to a single day and should not be expected over longer periods. The tool tells you what it is, right on the label.direxion.com
• Listed since 2024 and moderately traded for a niche leveraged fund, with the index reconstituted quarterly to keep up with the ETF lineup it follows.solactive.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.

• URAA Costs sit above the typical leveraged bull fund: 1.30% net of a waiver through September 1, 2027 (1.46% gross), versus 0.89% at QLD, net of a waiver through September 30, 2027.
• Leverage resets every day, so choppy stretches can leave longer-term results well away from 2x the index move. Built for days, not quarters.direxion.com
• Uranium is a narrow, headline-driven corner of energy, and 2x doubles the daily swing in both directions. Assets here stay small next to the big index-based leveraged funds.

Full DDM profile⁠

Full URAA profile⁠