{"url":"https://etfiq.com/compare/leverage/ddm-vs-dog","section":"compare","title":"DDM vs DOG: which held to its multiple? | ETFIQ","description":"DDM sets out to return +2 times DIA each day and DOG -1 times. Over the three months to Sep 30, 2026 they finished \u22121.7 pts and +1.3 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, DDM or DOG?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, DDM finished 1.7 points from what its multiple implies and DOG finished 1.3 points from its own, so DOG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are DDM and DOG levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on the Dow 30, DDM at +2 times and DOG at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, DDM or DOG?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window DDM\u2019s moved at 12% annualized and DOG\u2019s at 12%, so DDM has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold DDM or DOG for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, DDM or DOG?","acceptedAnswer":{"@type":"Answer","text":"DDM charges 0.95% a year and DOG charges 0.95%, so DDM is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"DDM vs DOG","item":"https://etfiq.com/compare/leverage/ddm-vs-dog"}]},{"@type":"WebPage","name":"DDM vs DOG: which held to its multiple?","description":"DDM sets out to return +2 times DIA each day and DOG -1 times. Over the three months to Sep 30, 2026 they finished \u22121.7 pts and +1.3 pts away.","url":"https://etfiq.com/compare/leverage/ddm-vs-dog","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, DDM finished 1.4 points short and DOG 1.6 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of DDM and DOG","description":"DDM sets out to return +2 times DIA each day and DOG -1 times. Over the three months to Sep 30, 2026 they finished \u22121.7 pts and +1.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/ddm-vs-dog","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6890,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / DDM vs DOG \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n DDM vs DOG: which held to its multiple?\n\n Over three months against its own daily promise, DDM finished 1.4 points short and DOG 1.6 points over.\n Copy this for sharing \n \n ProShares Ultra Dow30 and ProShares Short Dow30.\n\n Download as PDF \n\n \u22126.3% DDM returned, 3 months \n +3.6% DOG returned, 3 months \n \u22121.7 pts DDM from its stated multiple \n +1.3 pts DOG from its stated multiple \n\n ETFIQ Decay Resistance Score: DDM scores higher\n Did it keep up with its own daily multiple","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/ddm-vs-dog","a":{"ticker":"DDM","name":"ProShares Ultra Dow30","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: DDM returned \u22126.3% where its own daily promise gave \u22124.9%, 1.4 points short.","url":"https://etfiq.com/funds/ddm","key_facts":[{"label":"What DIA did","value":"\u22122.3%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22124.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22126.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$502m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"DOG","name":"ProShares Short Dow30","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: DOG returned +3.6% where its own daily promise gave +2.0%, 1.6 points over.","url":"https://etfiq.com/funds/dog","key_facts":[{"label":"What DIA did","value":"\u22122.3%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"+2.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+3.6%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$102m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/ddm-vs-dog"}