DDM vs URE

DDMBProShares Ultra Dow30

UREBProShares Ultra Real Estate

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.

URE A 2x dial on the real estate slice of the S&P 500: about 40 landlords, towers and warehouses, geared up and reset every single day. Listed January 2007, same mandate ever since.

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.

URE The fund seeks daily results, before fees and expenses, equal to twice the daily performance of the S&P Real Estate Select Sector SM 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.

• URE Listed in January 2007, URE has run the same 2x real estate mandate through the housing bust and everything after, a long life for a geared sector fund.proshares.com
• The reference index holds the real estate companies inside the S&P 500, about 40 large names, and URE targets twice that index's daily move.cboe.com
• 0.95% net of a waiver through September 30, 2027, near the category median: level with DDM at 0.95%, just above QLD at 0.89% (net of a waiver through September 30, 2027).
• One of the stronger builds in a crowded leveraged bull field: a plain large-cap sector index, a clear 2x mandate and a shop that has kept the lights on since 2007.

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.

• URE The 2x target applies to one day. Hold longer and each day compounds on the last, so multi-day results can land above or below twice the index move, especially in choppy tape.proshares.com
• Thinly traded next to the headline geared funds, with a smaller asset base, so spreads can widen and larger orders need more care.
• The 0.95% rate leans on a waiver running through September 30, 2027; gross expenses are 1.12% without it.

Full DDM profile⁠

Full URE profile⁠