UDOWProShares UltraPro Dow30
Seeks daily investment results that correspond to 300% of the daily performance of the Dow Jones Industrial Average.
By ProShares · Launched 2010
0.95%
#4,684 of 5,562 · expensive
$840M
#1,216 of 5,562 · large
+59.7%
16 years
#752 of 5,562 · established
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 52.1% of fundmoderately concentrated
Asset allocation
By sector
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results that correspond to 300% of the daily performance of the Dow Jones Industrial Average.
- Strategy
- Invests primarily in financial instruments, including derivatives like swaps and futures, to achieve 3x daily exposure to the Dow Jones Industrial Average. The Fund targets large U.S. companies, rebalancing daily to maintain its leveraged position.
- Inception date
- February 9, 2010
- Fund family
- ProShares
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19