UltraPro Short MidCap400 - SMDD UltraPro Short MidCap400

ProShares UltraPro Short MidCap400 seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the S&P MidCap 400®.

This short ProShares ETF seeks a return that is -3x the return of an index or other benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings consistent with their strategies, as frequently as daily. For more on correlation, leverage and other risks, please read the prospectus.

  • Read more about ProShares UltraPro and UltraPro Short ETFs.
  • Learn more about considerations for geared investing.

Index/Benchmark Summary

The S&P MidCap 400 Index is a widely used measure of mid-size company U.S. stock market performance. Companies are selected for inclusion in the Index by Standard & Poor's based on adequate liquidity, appropriate market capitalization, financial viability and public float.

Fundamentals as of 12/29/17

Total Number of Companies 401
Price/Earnings Ratio 25.35
Price/Book Ratio 2.50
Dividend Yield *(%) 1.51
Average Index Market Capitalization $4.67 billion

* Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Index Holdings Information as of 12/29/17

Top 10 Index Companies Weight
Take-Two Interactive Software Inc. 0.70%
SVB Financial Group 0.69%
NVR Inc. 0.68%
MSCI Inc. 0.64%
Teleflex Inc. 0.63%
Huntington Ingalls Industries Inc. 0.60%
Cognex Corp. 0.59%
Broadridge Financial Solutions Inc. 0.59%
Steel Dynamics Inc. 0.57%
Trimble Inc. 0.57%

ProShares may invest in financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund's benchmark.

Index Sector Weightings § Weight
Information Technology 17.43%
Financials 17.12%
Industrials 15.84%
Consumer Discretionary 12.19%
Real Estate 9.17%
Health Care 7.55%
Materials 7.17%
Utilities 5.30%
Energy 4.28%
Consumer Staples 3.80%
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§ Sum of weightings may not equal 100% due to rounding.