SMDDProShares UltraPro Short MidCap400
Seeks daily investment results that correspond to -3x the daily performance of the S&P MidCap 400 Index.
By ProShares · Launched 2010
Annual Cost
0.95%
#5,033 of 6,040 · expensive
Fund Size
$2M
#5,684 of 6,040 · small
Return (1Y)
-31.2%
Track Record
16 years
#747 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$7,475-25.3%
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
29.4%
Repurchase Agreement
14.6%
Repurchase Agreement
14.6%
Repurchase Agreement
8.7%
Repurchase Agreement
8.7%
Repurchase Agreement
7.3%
Repurchase Agreement
5.8%
Repurchase Agreement
5.8%
Repurchase Agreement
2.9%
N/A
-1.1%
Asset allocation
Cash
299.9%
Other
96.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
46.0%High
Year-on-year price swings
Max drawdown
-99.5%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.60Below average
Sortino (3Y)
-0.82Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results that correspond to -3x the daily performance of the S&P MidCap 400 Index.
- Strategy
- Invests in derivatives to achieve inverse leveraged exposure to mid-cap companies in the U.S. The Fund aims for daily results that are three times the inverse of the S&P MidCap 400 Index, rebalancing daily to maintain this target exposure.
- Inception date
- February 9, 2010
- Fund family
- ProShares
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Data updated on 2026-09-18