UDOW vs VOO
UDOW vs VOO
ProShares UltraPro Dow30 vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. UDOW delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | UDOW | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.03% | |
| AUM | $827M | $979.0B | |
| Dividend Yield | 1.10% | 1.09% | |
| Holdings | 42 | 509 | |
| YTD Return | +32.34% | +13.31% | |
| 1Y Return | +68.15% | +24.01% | |
| 3Y Return (annualized) | +35.51% | +21.17% | |
| 5Y Return (annualized) | +16.45% | +13.34% | |
| Volatility (annualized) | 43.9% | 14.1% | |
| Max Drawdown | -80.3% | -34.3% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 9, 2010 | Sep 7, 2010 |
UDOW vs VOO Performance
ProShares UltraPro Dow30 (UDOW) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year UDOW returned +68.15% while VOO returned +24.01%. Year to date, UDOW is up 32.34% versus a gain of 13.31% for VOO.
Over three years, UDOW compounded at +35.51% per year against +21.17% for VOO; over five years the annualized figures are +16.45% and +13.34% respectively. Across the full 16-year window we track, UDOW has the edge at +26.71% annualized vs +13.55%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UDOW has been the more volatile fund, with annualized monthly volatility of 43.9% 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 -80.3% for UDOW 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
UDOW 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, UDOW currently yields 1.10% against 1.09% for VOO.
Holdings Overlap
UDOW and VOO share 29 holdings out of 507 unique holdings combined, representing a 19.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in UDOW | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 1.12% | 7.51% | 6.39% |
| AAPL | 1.80% | 6.59% | 4.79% |
| MSFT | 2.22% | 4.30% | 2.08% |
| GS | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| UNH | Pro | Pro | Pro |
| V | Pro | Pro | Pro |
See all 10 holdings UDOW shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, UDOW or VOO?
UDOW 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, UDOW or VOO?
Over the past year UDOW returned +68.15% vs +24.01% for VOO, so UDOW leads on 1-year performance. Over the longest common window we track (16 years), UDOW annualized +26.71% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, UDOW or VOO?
UDOW has been the more volatile fund at 43.9% annualized versus 14.1% for VOO. Worst drawdown: UDOW -80.3% vs VOO -34.3%.
Should I hold both UDOW and VOO?
UDOW and VOO have a monthly-return correlation of 0.93, 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 UDOW and VOO?
UDOW and VOO share 29 common holdings with a 19.4% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, UDOW or VOO?
UDOW yields 1.10% while VOO yields 1.09%, so UDOW currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.