DDM vs URSP

DDMBProShares Ultra Dow30

URSPBProShares Ultra S&P 500 Equal Weight

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.

URSP Leverage without the mega-cap pileup. Launched in 2025, URSP aims for 2x the daily move of the S&P 500 Equal Weight Index, where every member gets the same slot. Fee: 0.95% net of a waiver through September 30, 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.

URSP URSP seeks daily investment results, before fees and expenses, corresponding to two times the daily performance of the S&P 500 Equal Weight 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.

• URSP The only ETF built to target 2x the daily move of the equal-weight S&P 500, so the amplified bet rides 500 roughly equal slices instead of a few giants.proshares.comyahoo.com
• Equal weight hands every company a uniform 0.2% at each quarterly rebalance, so the leveraged exposure keeps resetting away from whatever got crowded.yahoo.com
• At 0.95% net of a waiver through September 30, 2027, it sits near the leveraged-bull median and matches DDM, while QLD runs 0.89% net of a waiver to the same date.
• One of the stronger implementations in a crowded leveraged-bull field, with competitive cost, a contained risk profile and smooth day-to-day trading.

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.

• URSP Daily reset: the 2x target applies to one day only. Over longer holds, compounding can land results above or below 2x the index move, especially in choppy markets.proshares.com
• That 0.95% rests on a waiver through September 30, 2027; the gross fee is 1.34%.
• It launched in 2025, so the live track record is short and the asset base is still modest.

Full DDM profile⁠

Full URSP profile⁠