Symbols

MZZ

ProShares UltraShort MidCap400·ARCA

--(--)

Key Stats

Assets Under Management

834.68KUSD

Fund Flows (1Y)

36.50KUSD

Dividend Yield

5.67%

Discount/Premium to NAV

-0.03%

Shares Outstanding

113.50K

Expense Ratio

0.95%

About ProShares UltraShort MidCap400

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/leveraged-and-inverse/mzz

Inception Date

Jul 11, 2006

Structure

Open-Ended Fund

Index Tracked

S&P MidCap 400 Index

Management Style

Passive

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. It's 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.