ProShares UltraShort MidCap400ProShares UltraShort MidCap400ProShares UltraShort MidCap400

ProShares UltraShort MidCap400

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Key stats


Assets under management (AUM)
‪1.33 M‬USD
Fund flows (1Y)
‪7.93 K‬USD
Dividend yield (indicated)
5.77%
Discount/Premium to NAV
0.1%
Shares outstanding
‪138.51 K‬
Expense ratio
0.95%

About ProShares UltraShort MidCap400


Issuer
ProShare Advisors LLC
Brand
ProShares
Home page
Inception date
Jul 11, 2006
Structure
Open-Ended Fund
Index tracked
S&P Mid Cap 400
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
MZZ provides daily geared inverse (-2x) exposure to the S&P mid-cap 400 Index. The underlying index is market cap-weighted, comprises 400 US mid-cap companies in a variety of sectors, and factors in criteria such as liquidity, price, market capitalization and financial viability. Its a leveraged version of MYY, which seeks -1x exposure to the same index. As a levered product, MZZ presents different risks than other types of funds and is thus not a buy-and-hold investment. It should not be expected to provide index leverage returns greater than a one-day period.

Classification


Asset Class
Equity
Category
Size and style
Focus
Mid cap
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Committee
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to MZZ via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MZZ trades at 9.87 USD today, its price has risen 3.24% in the past 24 hours. Track more dynamics on MZZ price chart.
MZZ net asset value is 9.86 today — it's risen 2.97% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MZZ assets under management is ‪1.33 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MZZ price has risen by 3.59% over the last month, and its yearly performance shows a −14.11% decrease. See more dynamics on MZZ price chart.
NAV returns, another gauge of an ETF dynamics, showed a −10.47% decrease in three-month performance and has decreased by −8.04% in a year.
MZZ fund flows account for ‪7.93 K‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MZZ invests in cash. See more details in our Analysis section.
MZZ expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
MZZ is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MZZ technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MZZ shows the sell signal. See more of MZZ technicals for a more comprehensive analysis.
Yes, MZZ pays dividends to its holders with the dividend yield of 5.77%.
MZZ trades at a premium (0.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MZZ shares are issued by ProShare Advisors LLC
MZZ follows the S&P Mid Cap 400. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 11, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.