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SMDDProShares UltraPro Short MidCap400

Take a bet#434 of 761 for Take a bet

Seeks daily investment results of -300% of the daily performance of the S&P MidCap 400 Index.

ProShares · Since 2010 (16 years)

Annual Cost

0.95%

#4471 out of 5,332 ETFs

Fund Size

$2M

#5069 out of 5,332 ETFs

Dividend Yield

5.07%

Track Record

16 years

#768 out of 5,332 ETFs

Performance

1 Year

-54.0%

3 Years

-38.3%

5 Years

-28.1%

What's inside

Asset class
Strategy
inverse
Cap
mid

Asset allocation

Cash
299.9%
Other
96.9%

Risk profile

Volatility (1Y)

48.1%

High

Max drawdown

-99.5%

Worst peak-to-trough loss

Sharpe (3Y)

-0.68

Below average

Sortino (3Y)

-0.93

Moderate downside risk

Similar ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Inverse
Warning

Inverse ETF — daily tool only

Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.

Source: Cheng & Madhavan (2009)

Why we flagged this: strategy=inverse + inverse_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

Data updated on 2026-05-05