ProShares UltraPro Dow30ProShares UltraPro Dow30ProShares UltraPro Dow30

ProShares UltraPro Dow30

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪624.22 M‬USD
Fund flows (1Y)
‪−17.79 M‬USD
Dividend yield (indicated)
1.28%
Discount/Premium to NAV
0.05%
Shares outstanding
‪7.75 M‬
Expense ratio
0.95%

About ProShares UltraPro Dow30


Issuer
ProShare Advisors LLC
Brand
ProShares
Home page
Inception date
Feb 11, 2010
Structure
Open-Ended Fund
Index tracked
DJ Industrial Average
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
UDOW is a heavily levered bet on the Dow Jones Industrial Average, achieving 3x exposure to the index via futures contracts and other financial derivatives with counterparty risk. Like many levered funds, it delivers 3x exposure only for 1 day. Over longer periods, returns can stray from the intended 3x exposure to the DJIA, which means it doesn't pay to hold onto UDOW for long if the trend is not positive. The Dow is an under-diversified index of 30 companies that weights its constituents by an arbitrary statistic–price per share. However, the Dow's shortfalls are less salient in a levered, short-term product where diversification and weighting are less important. Trading costs, on the other hand, are very important to take into consideration. Don't jump in unless you fully understand the relative risks and rewards of levered vehicles.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Price-weighted
Geography
U.S.
Weighting scheme
Price
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Government
Stock breakdown by region
100%
Top 10 holdings

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to UDOW via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
UDOW trades at 84.04 USD today, its price has fallen −1.73% in the past 24 hours. Track more dynamics on UDOW price chart.
UDOW net asset value is 83.36 today — it's risen 13.33% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
UDOW assets under management is ‪624.22 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
UDOW price has risen by 13.82% over the last month, and its yearly performance shows a 10.72% increase. See more dynamics on UDOW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 13.33% over the last month, showed a −14.09% decrease in three-month performance and has increased by 6.60% in a year.
UDOW fund flows account for ‪−41.54 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
UDOW invests in stocks. See more details in our Analysis section.
UDOW expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, UDOW is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, UDOW technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating UDOW shows the neutral signal. See more of UDOW technicals for a more comprehensive analysis.
Yes, UDOW pays dividends to its holders with the dividend yield of 1.28%.
UDOW trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
UDOW shares are issued by ProShare Advisors LLC
UDOW follows the DJ Industrial Average. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 11, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.