MZZProShares UltraShort MidCap400
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
$4M
#5,371 of 6,040 · small
Return (1Y)
-19.4%
Track Record
20 years
#342 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$8,320-16.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Repurchase Agreement
39.2%
Repurchase Agreement
19.4%
Repurchase Agreement
19.4%
Repurchase Agreement
11.7%
Repurchase Agreement
11.7%
Repurchase Agreement
9.7%
Repurchase Agreement
7.8%
Repurchase Agreement
7.8%
Repurchase Agreement
3.9%
N/A
-2.2%
Asset allocation
Cash
107.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
30.9%High
Year-on-year price swings
Max drawdown
-94.9%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.59Below average
Sortino (3Y)
-0.80Moderate 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 derivatives to gain inverse leveraged exposure to mid-cap companies in the U.S. The Fund targets daily returns consistent with the Daily Target, using financial instruments like swaps and futures. Market capitalization of the Index's companies ranges from $1.3 billion to $23 billion.
- Inception date
- July 11, 2006
- Fund family
- ProShares
Similar funds
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Data updated on 2026-09-18