UDOW

ProShares UltraPro Dow 30

$110.75

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

UDOW seeks to provide 3x the daily return of the Dow Jones Industrial Average index.

Overview

ETF tracking ProShares UltraPro Dow 30

Category Leveraged

Issuer ProShares

Inception Date 2010-02-11

Market Cap $731.0M

Average Volume N/A

Dividend Yield 1.22%

52-Week Range $62.18 - $118.91

VWAP $110.25

Performance

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Price Chart

Investment Summary

📎 Investment Objective

UDOW seeks to provide 3x the daily return of the Dow Jones Industrial Average index.

🎯 Investment Strategy

UDOW uses derivatives and leverage to amplify the daily performance of the Dow Jones Industrial Average. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 3x daily leveraged exposure to the Dow Jones Industrial Average
Resets leverage daily, which can lead to compounding effects over longer time periods
Designed for short-term trading, not long-term buy-and-hold investing
High expense ratio of 0.95% due to the use of derivatives and leverage

⚠️ Primary Risks

Significant risk of losses, especially over periods longer than one day
Leverage amplifies both gains and losses, increasing volatility
Potential for divergence from the underlying index performance over time
Not suitable for investors with a low risk tolerance or long investment horizon

👤 Best For

UDOW is best suited for experienced, sophisticated traders who understand the risks of leveraged ETFs and are comfortable with the potential for significant short-term volatility and losses. It is not recommended for long-term, buy-and-hold investors.