ProShares UltraPro Dow30 (UDOW) Performance
UDOW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +17.1% since Dec 31, 2025
- 1 year
- +25.3% total return
- 5 years
- +12.1% a year
- 10 years
- +23.1% a year
- Since first price
- +25.7% a year since 2010
UDOW trailing returns vs SPY, QQQ, AGG
| Period | UDOW total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.0% | +3.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.2% | −0.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +12.8% | +12.2% | +7.8% | +8.4% | −1.5% |
| YTD | +17.1% | +16.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +25.3% | +23.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +175.4%+40.2%/yr | +165.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +77.0%+12.1%/yr | +67.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +698.1%+23.1%/yr | +639.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +2,907.9%+25.5%/yr | +2,589.1% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionFeb 11, 2010 | +4,476.4%+25.7%/yr | +3,966.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: UDOW vs SPY
From Feb 11, 2010: UDOW grew to $457,644, SPY to $94,410.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
UDOW returns by calendar year
11 of 15 full years positive. Best 2013 (+107.1%), worst 2022 (−32.4%). 2026 is year to date.
UDOW annual returns table
| Year | UDOW | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +17.1% | −28.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +24.5% | −43.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +28.5% | −18.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +32.7% | −26.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −32.4% | −55.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +65.7% | −18.4% | +28.7% | +27.4% | −1.8% |
| 2020 | −17.1% | −80.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +75.2% | −19.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −23.9% | −49.2% | −4.6% | −0.1% | +0.1% |
| 2017 | +99.1% | −9.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +50.0% | −24.5% | +12.0% | +7.1% | +2.4% |
| 2015 | −8.6% | −37.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +26.0% | −19.8% | +13.5% | +19.2% | +6.0% |
| 2013 | +107.1% | −16.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +26.4% | −24.0% | +16.0% | +18.1% | +3.8% |
| 2011 | +9.1% | −45.6% | +1.9% | +3.4% | +7.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
UDOW largest drawdowns
Now 13.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 12, 2020 | −80.3% | Mar 23, 2020 | Apr 9, 2021 | 40 days | 1.2 years |
| Jan 4, 2022 | −55.8% | Sep 30, 2022 | Jul 16, 2024 | 9 months | 2.5 years |
| Jan 26, 2018 | −49.2% | Dec 24, 2018 | Nov 15, 2019 | 11 months | 1.8 years |
| Apr 29, 2011 | −45.6% | Oct 3, 2011 | Mar 13, 2012 | 5 months | 10 months |
| Dec 4, 2024 | −44.8% | Apr 8, 2025 | Oct 24, 2025 | 4 months | 11 months |
| May 19, 2015 | −39.0% | Feb 11, 2016 | Jul 13, 2016 | 9 months | 1.2 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
UDOW risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +34.4% | +14.1% | +22.0% | +24.7% |
| Volatility (annualized) | 37.5% | 45.8% | 47.8% | 44.0% |
| Sharpe ratio | 0.86 | 0.43 | 0.62 | 0.70 |
| Sortino ratio | 1.48 | 0.71 | 0.96 | 1.12 |
| Best month | +28.1% | +45.2% | +45.2% | +45.2% |
| Worst month | −16.2% | −25.5% | −52.2% | −52.2% |
| Best 12 months | +81.4% | +81.4% | +207.8% | +207.8% |
| Worst 12 months | +2.7% | −43.5% | −56.4% | −56.4% |
| Positive months | 69% | 60% | 64% | 65% |
| Beta vs S&P 500 | 2.63 | 2.61 | 2.87 | — |
| Correlation with S&P 500 | 0.87 | 0.89 | 0.92 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
UDOW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 189 | −56.4% | +26.7% | +207.8% | 77% |
| 3-year (a year) | 165 | −9.3% | +27.2% | +62.0% | 96% |
| 5-year (a year) | 141 | +0.4% | +25.1% | +48.1% | 100% |
| 10-year (a year) | 81 | +16.6% | +23.1% | +33.7% | 100% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
UDOW performance overview
ProShares UltraPro Dow30 (UDOW) returned +25.3% over the past year and +23.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +25.7% a year, turning $10,000 into about $457,644. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −80.3%, from Feb 12, 2020 to Mar 23, 2020, and it took 1.0 years to get back to the old high. UDOW finished 11 of its 15 full calendar years with a gain; the best year was 2013 (+107.1%) and the worst 2022 (−32.4%). Volatility has been 44.0% a year.
Related: UDOW chart, UDOW holdings, UDOW dividends, UDOW valuation. See the UDOW overview for the latest quote and fund facts.
UDOW performance FAQ
What is the UDOW return over the past year?
UDOW returned +25.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 23.9%.
What is the average annual return of UDOW?
UDOW has returned +12.1% a year over 5 years, +23.1% a year over 10 years, +25.7% a year since February 11, 2010 (total return, distributions reinvested).
How much would $10,000 invested in UDOW be worth?
$10,000 invested in UDOW at its first recorded close on February 11, 2010 would be worth about $457,644 on October 23, 2026 with distributions reinvested.
What was the worst year for UDOW?
The worst calendar year was 2022, with a total return of −32.4%. The best was 2013 at +107.1%.
What is the biggest drawdown of UDOW?
The largest peak-to-trough decline was −80.3% between February 12, 2020 and March 23, 2020. It recovered to the old high on April 9, 2021, 1.0 years after the bottom.
How volatile is UDOW?
Over the past 3 years UDOW had an annualized volatility of 37.5% and a Sharpe ratio of 0.86 (excess return over 1–3 month T-bills per unit of risk).