ProShares UltraShort MidCap400
Name
As of 05/09/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-12.0%
1 yr return
-31.0%
3 Yr Avg Return
-13.3%
5 Yr Avg Return
-29.5%
Net Assets
$1.45 M
Holdings in Top 10
92.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.47%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 05/09/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MZZ - Profile
Distributions
- YTD Total Return -12.0%
- 3 Yr Annualized Total Return -13.3%
- 5 Yr Annualized Total Return -29.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 4.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameProShares UltraShort MidCap400
-
Fund Family NameProShares Trust
-
Inception DateJul 13, 2006
-
Shares Outstanding163510
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Neches
Fund Description
MZZ - Performance
Return Ranking - Trailing
Period | MZZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -12.0% | -50.7% | 15.6% | 72.22% |
1 Yr | -31.0% | -82.2% | 7.7% | 71.43% |
3 Yr | -13.3%* | -67.7% | 6.0% | 65.87% |
5 Yr | -29.5%* | -77.6% | 5.8% | 70.40% |
10 Yr | -24.8%* | -70.2% | 12.9% | 62.83% |
* Annualized
Return Ranking - Calendar
Period | MZZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -26.6% | -85.3% | 15.3% | 46.83% |
2022 | 12.7% | -73.7% | 116.7% | 61.90% |
2021 | -42.1% | -80.9% | 94.9% | 73.02% |
2020 | -53.1% | -96.0% | 153.8% | 66.67% |
2019 | -38.8% | -84.0% | -9.3% | 59.20% |
Total Return Ranking - Trailing
Period | MZZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -12.0% | -50.7% | 15.6% | 72.22% |
1 Yr | -31.0% | -82.2% | 7.7% | 71.43% |
3 Yr | -13.3%* | -67.7% | 6.0% | 65.87% |
5 Yr | -29.5%* | -77.6% | 5.8% | 70.40% |
10 Yr | -24.8%* | -70.2% | 12.9% | 62.83% |
* Annualized
Total Return Ranking - Calendar
Period | MZZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -23.7% | -84.6% | 18.9% | 50.00% |
2022 | 13.0% | -73.6% | 117.2% | 62.70% |
2021 | -42.1% | -80.9% | 94.9% | 73.02% |
2020 | -53.1% | -95.9% | 153.8% | 66.67% |
2019 | -38.0% | -83.8% | -8.6% | 58.40% |
MZZ - Holdings
Concentration Analysis
MZZ | Category Low | Category High | MZZ % Rank | |
---|---|---|---|---|
Net Assets | 1.45 M | 343 K | 3.34 B | 82.17% |
Number of Holdings | 11 | 4 | 746 | 41.86% |
Net Assets in Top 10 | 1.51 M | 158 K | 3.57 B | 80.62% |
Weighting of Top 10 | 92.89% | 16.2% | 189.3% | 68.99% |
Top 10 Holdings
- Repurchase Agreement 63.78%
- Repurchase Agreement 26.52%
- Repurchase Agreement 18.46%
- Repurchase Agreement 10.61%
- Repurchase Agreement 2.69%
- Total Return Swap -0.98%
- SP Midcap 400 E-Mini Index -1.49%
- Total Return Swap -5.31%
- Total Return Swap -9.51%
- Total Return Swap -11.87%
Asset Allocation
Weighting | Return Low | Return High | MZZ % Rank | |
---|---|---|---|---|
Other | 80.26% | -80.97% | 103.28% | 30.23% |
Cash | 19.74% | 0.00% | 197.43% | 44.96% |
Stocks | 0.00% | -97.43% | 100.00% | 79.07% |
Preferred Stocks | 0.00% | 0.00% | 0.74% | 80.62% |
Convertible Bonds | 0.00% | 0.00% | 2.47% | 83.72% |
Bonds | 0.00% | 0.00% | 92.84% | 87.60% |
MZZ - Expenses
Operational Fees
MZZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.47% | 0.59% | 8.36% | 15.08% |
Management Fee | 0.75% | 0.35% | 1.50% | 53.49% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.45% | N/A |
Sales Fees
MZZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MZZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MZZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 181.00% | N/A |
MZZ - Distributions
Dividend Yield Analysis
MZZ | Category Low | Category High | MZZ % Rank | |
---|---|---|---|---|
Dividend Yield | 4.48% | 0.00% | 17.26% | 42.64% |
Dividend Distribution Analysis
MZZ | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annual |
Net Income Ratio Analysis
MZZ | Category Low | Category High | MZZ % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -7.24% | 3.75% | 10.71% |
Capital Gain Distribution Analysis
MZZ | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 20, 2024 | $0.125 | OrdinaryDividend |
Dec 20, 2023 | $0.185 | OrdinaryDividend |
Sep 20, 2023 | $0.136 | OrdinaryDividend |
Jun 21, 2023 | $0.124 | OrdinaryDividend |
Mar 22, 2023 | $0.123 | OrdinaryDividend |
Dec 22, 2022 | $0.042 | OrdinaryDividend |
Mar 25, 2020 | $0.056 | ReturnOfCapital |
Mar 25, 2020 | $0.001 | OrdinaryDividend |
Dec 24, 2019 | $0.127 | OrdinaryDividend |
Sep 25, 2019 | $0.189 | OrdinaryDividend |
Jun 25, 2019 | $0.334 | OrdinaryDividend |
Mar 20, 2019 | $0.206 | OrdinaryDividend |
Dec 26, 2018 | $0.238 | OrdinaryDividend |
Sep 26, 2018 | $0.187 | OrdinaryDividend |
Jun 20, 2018 | $0.061 | OrdinaryDividend |
Dec 23, 2008 | $0.498 | OrdinaryDividend |
Dec 23, 2008 | $1,526.369 | CapitalGainShortTerm |
Sep 24, 2008 | $14.936 | OrdinaryDividend |
Jun 24, 2008 | $8.368 | OrdinaryDividend |
Mar 25, 2008 | $18.567 | OrdinaryDividend |
Dec 20, 2007 | $40.482 | OrdinaryDividend |
Sep 25, 2007 | $41.286 | OrdinaryDividend |
Jun 26, 2007 | $31.999 | OrdinaryDividend |
Mar 27, 2007 | $24.044 | OrdinaryDividend |
Dec 20, 2006 | $73.162 | OrdinaryDividend |
MZZ - Fund Manager Analysis
Managers
Michael Neches
Start Date
Tenure
Tenure Rank
Oct 01, 2013
8.67
8.7%
Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.
Devin Sullivan
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 23.76 | 9.04 | 14.22 |