Key stats
About ProShares UltraShort MidCap400
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Inception date
Jul 11, 2006
Structure
Open-Ended Fund
Replication method
Synthetic
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MZZ last dividends amounted to 0.07 USD. The quarter before, the issuer paid 0.17 USD in dividends, which shows a 142.50% decrease.
MZZ assets under management is 1.34 M USD. It's fallen 7.10% over the last month.
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.
Yes, MZZ pays dividends to its holders with the dividend yield of 5.87%. The last dividend (Apr 1, 2025) amounted to 0.07 USD. The dividends are paid quarterly.
MZZ shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jul 11, 2006, and its management style is Passive.
MZZ expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
MZZ follows the S&P Mid Cap 400. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MZZ invests in cash.
MZZ price has fallen by −7.30% over the last month, and its yearly performance shows a −15.04% decrease. See more dynamics on MZZ price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.24% over the last month, showed a −9.40% decrease in three-month performance and has decreased by −8.63% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.24% over the last month, showed a −9.40% decrease in three-month performance and has decreased by −8.63% in a year.
MZZ trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.