DDM vs UYM

DDMBProShares Ultra Dow30

UYMBProShares Ultra Materials

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.

UYM The only US ETF built to track 2x the daily move of the S&P materials sector: chemicals, metals, mining, packaging. Running since 2007, it resets daily, so it is a trading tool.

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.

UYM The fund seeks daily returns, before fees and expenses, equal to two times the daily performance of the S&P Materials 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.

• UYM Per ProShares, no other ETF targets 2x the daily return of the materials sector. If you want levered chemicals, miners and packaging in one ticker, this is the shelf.proshares.com
• 0.95% net of a waiver through September 30, 2027 (1.18% gross), near the leveraged-bull median: level with DDM, a shade above QLD at 0.89% net of a waiver through the same date.
• Trading since January 2007, through the 2008 crash and several commodity cycles, and it scores in the upper tier of a crowded leveraged-bull field.

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.

• UYM Daily reset: hold longer than a day and compounding takes over, so multi-day returns can trail 2x the index move, especially in choppy markets.proshares.com
• A small fund that trades lightly, so spreads can run wider than the giants of the leveraged shelf.
• Roughly 40 stocks, market-cap weighted, and one sector. Concentration cuts both ways; distributions come quarterly.

Full DDM profile⁠

Full UYM profile⁠