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Proshares Ultrapro Dow30

ProShares UltraPro Dow30 (UDOM) is a leveraged exchange-traded fund (ETF) that seeks to provide investment results, before fees and expenses, that match three times the daily performance of the Dow Jones Industrial Average (DJIA). The fund uses derivatives, such as swaps, futures contracts, and options, to achieve its investment objective.

Here is some general information about UDOM:

* **Exchange**: The UDOM ETF is listed and traded on the New York Stock Exchange (NYSE) Arca.

* **Ticker Symbol**: UDOM

* **Inception Date**: October 20, 2010

* **Assets Under Management (AUM)**: As of February 2023, the AUM of UDOM was approximately $218 million.

* **Objective**: The UDOM ETF aims to deliver three times the daily performance of the Dow Jones Industrial Average (DJIA). However, it's important to note that due to the compounding effect of the daily leveraged investment strategy, the long-term performance of UDOM may differ significantly from the DJIA.

* **Expense Ratio**: The expense ratio for UDOM is 0.95% per year.

In terms of earnings and growth, the UDOM ETF does not report earnings or generate profits itself, as it is not an operating company. Instead, it passively invests in a portfolio of financial instruments (futures, swaps, and options) designed to track the daily performance of the Dow Jones Industrial Average (DJIA) multiplied by three. The performance of the underlying securities and the success of the investment strategy will impact the value of an investor's shares in UDOM, but the ETF itself does not generate earnings in the way a traditional company does.

Before investing in UDOM or similar ETFs, it's essential to thoroughly research and understand the associated risks and the impact that leveraged and inverse ETFs may have on your investment portfolio. These types of ETFs are typically more suitable for experienced and knowledgeable investors who are comfortable with the inherent risks.