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MVVProShares Ultra MidCap400

Take a bet20y track recordRanked #241 of 995 in this goal

Seeks daily investment results that correspond to 2x the daily performance of the S&P MidCap 400 Index.

By ProShares · Launched 2006

Annual Cost

0.95%

#5,033 of 6,040 · expensive

Fund Size

$150M

#2,721 of 6,040 · mid-size

Return (1Y)

+18.8%

Track Record

20 years

#325 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$11,804+18.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Index tracked

S&P MidCap 400 Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

Repurchase Agreement
2.0%
N/A
1.7%
N/A
1.5%
Lumentum Holdings, Inc.
1.1%
Repurchase Agreement
1.0%
Repurchase Agreement
1.0%
Coherent Corp.
0.9%
N/A
0.8%
N/A
0.7%
Repurchase Agreement
0.6%

Asset allocation

Stocks
83.4%
Cash
14.5%
Other
2.1%

By sector

Industrials
22.3%
Technology
16.9%
Financial Services
14.1%
Healthcare
10.7%
Consumer Cyclical
10.3%
Real Estate
7.6%
Energy
5.4%
Basic Materials
5.1%
Other
7.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
30.9%High

Year-on-year price swings

Max drawdown
-69.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.53Decent risk-adjusted returns
Sortino (3Y)
0.78Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to 2x the daily performance of the S&P MidCap 400 Index.
Strategy
Invests in financial instruments to achieve 2x daily exposure to mid-cap companies in the U.S. The Fund uses derivatives and equity securities to maintain leveraged exposure, rebalancing daily to align with the Index's performance.
Inception date
June 19, 2006
Fund family
ProShares

Next steps

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Data updated on 2026-09-18