DDM vs VOO

Quick Verdict

VOO has a lower expense ratio. DDM delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: DDMMore Diversified: VOO

Side-by-Side Comparison

MetricDDMVOOWinner
Expense Ratio0.95%0.03%
AUM$527M$979.0B
Dividend Yield0.93%1.09%
Holdings43509
YTD Return+22.88%+13.31%
1Y Return+45.60%+24.01%
3Y Return (annualized)+26.59%+21.17%
5Y Return (annualized)+14.47%+13.34%
Volatility (annualized)30.1%14.1%
Max Drawdown-82.8%-34.3%
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
InceptionJun 19, 2006Sep 7, 2010

DDM vs VOO Performance

ProShares Ultra Dow30 (DDM) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DDM returned +45.60% while VOO returned +24.01%. Year to date, DDM is up 22.88% versus a gain of 13.31% for VOO.

Over three years, DDM compounded at +26.59% per year against +21.17% for VOO; over five years the annualized figures are +14.47% and +13.34% respectively. Across the full 16-year window we track, VOO has the edge at +13.55% annualized vs +13.24%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DDM has been the more volatile fund, with annualized monthly volatility of 30.1% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -82.8% for DDM and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

DDM charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, DDM currently yields 0.93% against 1.09% for VOO.

Holdings Overlap

22.4%overlap

DDM and VOO share 29 holdings out of 507 unique holdings combined, representing a 22.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DDMWeight in VOODifference
NVDA1.49%7.51%6.02%
AAPL2.39%6.59%4.20%
GS8.05%0.44%7.61%
CATProProPro
MSFTProProPro
GOOGLProProPro
AMZNProProPro
JPMProProPro
UNHProProPro
VProProPro
See all 10 holdings DDM shares with VOO
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, DDM or VOO?

DDM has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $92 per year of difference.

Which performed better, DDM or VOO?

Over the past year DDM returned +45.60% vs +24.01% for VOO, so DDM leads on 1-year performance. Over the longest common window we track (16 years), DDM annualized +13.24% vs +13.55% for VOO. Past performance does not guarantee future results.

Which is riskier, DDM or VOO?

DDM has been the more volatile fund at 30.1% annualized versus 14.1% for VOO. Worst drawdown: DDM -82.8% vs VOO -34.3%.

Should I hold both DDM and VOO?

DDM and VOO have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between DDM and VOO?

DDM and VOO share 29 common holdings with a 22.4% weight overlap. Combined, they hold 507 unique securities.

Which pays a higher dividend, DDM or VOO?

DDM yields 0.93% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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