UDOW
UDOW is an exchange-traded fund (ETF) managed by ProShares. It aims to provide three times (3x) the daily performance of the Dow Jones Industrial Average (DJIA). This means if the DJIA rises by 1% in a day, UDOW aims to increase by 3%, and vice versa.
Asset Summary
Loading summary…
Asset Performance Metrics and Risk Characteristics:
Metrics below use daily returns for Jan 1, 2026 – Aug 23, 2026 (YTD).
Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.
1 Month Trailing Return
8.28%
Represents the percentage change in asset value over the past month.
3 Month Trailing Return
14.13%
Indicates the percentage change in asset value over the last three months.
Period Max Drawdown
28.27%
The highest percentage drop from the peak value to the lowest point during the observed period.
Standard Deviation
40.45%
Shows how much the asset’s daily returns deviate from the average, annualized for the entire period.
Sharpe Ratio
1.03
Measures the average return earned in excess of the risk-free rate per unit of volatility, annualized.
Calmar Ratio
1.47
The ratio of the annualized return to the maximum drawdown, reflecting the return per unit of risk.
Asset Technical Analysis
Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. Using indicators such as moving averages, pivot levels, momentum studies, and candlestick pattern scans can clarify trend strength and volatility. The tabs below summarize moving averages, pivots, technical indicators, candlestick patterns, and recent prices for this symbol.
Analysis
Moving Averages
Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:
| Type/Period | |
|---|---|
| SMA | |
| EMA | |
| WMA | |
| WEMA |
- SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
- EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
- WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
- WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.
Enhance Your UDOW Trading Now
Maximize your trading efficiency with OHLCX execution platform. Our advanced trading system provides detailed insights and actionable strategies for UDOW. Don’t wait—Enhance your market performance today and see how our platform can help you achieve your trading goals!
Start Optimizing NowFrequently Asked Questions
-
Risks include high volatility and the potential for substantial losses if the DJIA decreases in value. The leveraged nature of UDOW means that it can experience more significant fluctuations compared to the DJIA. Due to daily rebalancing, the ETF's performance over periods longer than one day may differ from three times the DJIA's performance.
-
UDOW targets three times the daily performance of the DJIA. Other leveraged ETFs might focus on different indices, such as the S&P 500 or Nasdaq-100, or might use different levels of leverage. Each leveraged ETF has unique characteristics based on its target index and leverage strategy.
-
UDOW seeks to provide three times the daily performance of the DJIA. Over longer periods, its performance may diverge from three times the DJIA due to daily rebalancing and compounding effects.
-
Yes, UDOW can be held in retirement accounts such as IRAs or 401(k)s. However, due to its high-risk and speculative nature, it is important to assess whether it fits with the investor’s long-term retirement strategy.
-
UDOW is actively managed to achieve its objective of delivering three times the daily performance of the DJIA. The fund uses financial derivatives, such as futures contracts and swaps, to achieve its leverage. It rebalances daily to maintain its target leverage.
-
UDOW has an expense ratio of approximately 0.95%. This fee covers the costs associated with managing the ETF, including trading and administrative expenses.
-
UDOW adjusts its holdings and derivatives positions daily to maintain its objective of delivering three times the daily performance of the DJIA. Changes in the index’s composition are reflected in the fund’s adjustments.
-
Key performance metrics for UDOW include its net asset value (NAV), expense ratio, total return, and tracking error. NAV reflects the per-share value of the ETF, the expense ratio covers management costs, total return includes dividends, and tracking error measures deviation from its target performance.
-
UDOW typically distributes dividends on a quarterly basis. These dividends come from the income generated by the underlying securities and derivatives held by the ETF.
-
Similar ETFs to UDOW include DDM (ProShares Double Dow), which aims to provide twice (2x) the daily performance of the DJIA, and other leveraged ETFs such as TQQQ (ProShares UltraPro QQQ), which targets three times (3x) the daily performance of the Nasdaq-100 Index.
Top Market Assets
Discover our curated selection of top-performing exchange-traded funds (ETFs) that represent a diverse range of investment opportunities.
SPY is an exchange-traded fund (ETF) that aims to replicate the performance of the S&P 500 Index. The S&P 500 Index includes 500 of the largest publicly traded companies in the United States, representing a broad cross-section of the U.S. economy.
QQQ is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index. This index includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, primarily focusing on technology and innovation sectors.
DIA is an exchange-traded fund (ETF) that aims to track the performance of the Dow Jones Industrial Average (DJIA). The DJIA is a stock market index consisting of 30 large, publicly traded companies in the United States, representing a broad range of industries.
IWM is an exchange-traded fund (ETF) that seeks to track the performance of the Russell 2000 Index. The Russell 2000 Index measures the performance of the 2,000 smallest stocks in the Russell 3000 Index, representing a broad segment of small-cap U.S. companies.
Disclaimers
The information displayed on this site is sourced from third-party providers and is believed to be reliable. OHLCX has not independently verified this data and does not guarantee its accuracy. Content is for educational and informational purposes only and is not financial or investment advice.
With any investment, your capital is at risk. Past performance is no guarantee of future results. Consult your provider's terms and privacy policies where applicable.
Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.
Securities products are: Not FDIC insured · Not bank guaranteed · May lose value
Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind.