UDOW

ProShares UltraPro Dow30
*Unless otherwise stated, data provided by FactSet.

UDOW Fund Description

UDOW provides 3x leveraged exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest US companies.

UDOW Factset Analytics Insight

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, which makes the fund's high fee less of an issue for most investors. 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: Fortunately, the fund sees strong daily trading volume and tight average spreads. Still, don't jump in unless you fully understand the relative risks and rewards of levered vehicles.

UDOW MSCI ESG Analytics Insight

ProShares UltraPro Dow30 has an MSCI ESG Fund Rating of BBB based on a score of 5.66 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares UltraPro Dow30 ranks in the 57th percentile within its peer group and in the 73th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

UDOW Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UDOW -1.31% -3.62% 49.34% 7.49% 43.98% 31.65% --
UDOW (NAV) -1.58% -3.74% 49.02% 7.46% 43.91% 31.60% --
DJ Industrial Average -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UDOW Summary Data

ProShares
02/11/10
Open-Ended Fund
0.95%
$411.57M
0.04%

UDOW Portfolio Data

0.64%
12/24/19

UDOW Index Data

DJ Industrial Average
Price
Committee
N/A

UDOW Fund Structure

Yes
No
No Policy
N/A
N/A
High
3
Daily

UDOW Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

UDOW Factset Analytics Block Liquidity

As of 10/18/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of UDOW. UDOW is rated a 5 out of 5.

UDOW Tradability

739,102
$73.42M
610,468
$64.01M
0.04%
$0.04
0.01%
0.39% / -0.28%
None
0.00%
50,000
12.21
0.00%
--
11,924
$105.83
5

UDOW MSCI ESG Ratings

BBB
5.66 / 10
72.53
57.15
7.18%
1.48%
51.80