Proshares Ultra Dow30 Etf Profile

DDM Etf  USD 97.88  1.75  1.82%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
ProShares Ultra is selling at 97.88 as of the 12th of October 2024; that is 1.82% up since the beginning of the trading day. The etf's lowest day price was 96.26. ProShares Ultra has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for ProShares Ultra Dow30 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 12th of October 2024. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra Dow30 is traded on NYSEARCA Exchange in the United States. More on ProShares Ultra Dow30

Moving together with ProShares Etf

  0.91SSO ProShares Ultra SP500PairCorr
  0.89SPXL Direxion Daily SP500PairCorr
  0.64QLD ProShares Ultra QQQPairCorr
  0.89UPRO ProShares UltraPro SP500PairCorr

Moving against ProShares Etf

  0.45NRGU Bank Of MontrealPairCorr

ProShares Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[DDM Group AG, DongDo Marine JSC]
Business ConcentrationLarge Cap ETFs, Size And Style ETFs, Trading--Leveraged Equity, ProShares (View all Sectors)
IssuerProShares
Inception Date2006-06-19
BenchmarkDow Jones Industrial Average Index
Entity TypeRegulated Investment Company
Average Trading Valume249,196.3
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Devin Sullivan
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents60.0
Market MakerVirtu Financial
Total Expense0.97
Management Fee0.75
Country NameUSA
Returns Y T D22.45
NameProShares Ultra Dow30
Currency CodeUSD
Open FigiBBG000PNLC01
In Threey Volatility33.56
1y Volatility23.75
200 Day M A84.9466
50 Day M A90.926
CodeDDM
Updated At12th of October 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.39
ProShares Ultra Dow30 [DDM] is traded in USA and was established 2006-06-19. The fund is classified under Trading--Leveraged Equity category within ProShares family. The entity is thematically classified as Large Cap ETFs. ProShares Ultra Dow30 currently have 273.28 M in assets under management (AUM). , while the total return for the last 3 years was 10.2%.
Check ProShares Ultra Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Ultra Dow30 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top ProShares Ultra Dow30 Etf Constituents

HDHome DepotStockConsumer Discretionary
INTCIntelStockInformation Technology
CSCOCisco SystemsStockInformation Technology
MRKMerck CompanyStockHealth Care
VVisa Class AStockFinancials
WMTWalmartStockConsumer Staples
CATCaterpillarStockIndustrials
AAPLApple IncStockInformation Technology
More Details

ProShares Ultra Top Holders

TFAGXTfa Alphagen GrowthMutual FundAllocation--85%+ Equity
CFNDXCargile FundMutual FundTactical Allocation
ABRWXAmericafirst Tactical AlphaMutual FundTactical Allocation
ABRFXAmericafirst Tactical AlphaMutual FundTactical Allocation
ABRUXAmericafirst Monthly Risk OnMutual FundTactical Allocation
PROAXProbabilities Fund ProbabilitiesMutual FundLong-Short Equity
PROCXProbabilities Fund ProbabilitiesMutual FundLong-Short Equity
PROTXProbabilities Fund ProbabilitiesMutual FundLong-Short Equity
More Details

ProShares Ultra Dow30 Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Ultra. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

ProShares Ultra Against Markets

When determining whether ProShares Ultra Dow30 is a strong investment it is important to analyze ProShares Ultra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares Ultra's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Dow30. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of ProShares Ultra Dow30 is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.