MZZ:ARCA-ProShares UltraShort MidCap400 (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 12.1706

Change

-0.09 (-0.73)%

Market Cap

USD 0.01B

Volume

2.86K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P MidCap 400?. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a measure of mid-size company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.

Inception Date: 11/07/2006

Primary Benchmark: S&P MidCap 400 TR

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 2.02%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-19 )

Largest Industry Peers for Trading--Inverse Equity

Symbol Name Mer Price(Change) Market Cap
SH ProShares Short S&P500 0.89 %

-0.11 (-0.88%)

USD 1.04B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

-0.95 (-2.55%)

USD 0.67B
SOXS Direxion Daily Semiconductor B.. 0.97 %

-2.63 (-6.54%)

USD 0.65B
SDS ProShares UltraShort S&P500 0.89 %

-0.50 (-1.82%)

USD 0.60B
PSQ ProShares Short QQQ 0.95 %

-0.56 (-1.21%)

USD 0.58B
SPXS Direxion Daily S&P 500® Bear .. 0.95 %

-0.26 (-2.58%)

USD 0.53B
TZA Direxion Daily Small Cap Bear .. 0.95 %

-1.10 (-5.34%)

USD 0.53B
SDOW ProShares UltraPro Short Dow30 0.95 %

-0.47 (-2.56%)

USD 0.37B
QID ProShares UltraShort QQQ 0.95 %

-1.24 (-2.48%)

USD 0.29B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

-0.13 (-1.01%)

USD 0.21B

ETFs Containing MZZ

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.18% 45% F 34% F
Dividend Return 0.99% 57% F 50% F
Total Return -2.19% 45% F 34% F
Trailing 12 Months  
Capital Gain -23.55% 50% F 11% F
Dividend Return 3.58% 45% F 53% F
Total Return -19.97% 48% F 12% F
Trailing 5 Years  
Capital Gain -81.38% 43% F 4% F
Dividend Return 2.12% 51% F 6% D-
Total Return -79.26% 45% F 3% F
Average Annual (5 Year Horizon)  
Capital Gain -6.40% 39% F 16% F
Dividend Return -5.70% 39% F 11% F
Total Return 0.70% 47% F 17% F
Risk Return Profile  
Volatility (Standard Deviation) 315.71% 52% F 3% F
Risk Adjusted Return -1.81% 43% F 26% F
Market Capitalization 0.01B 14% F 1% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.