UltraPro MidCap400 - UMDD UltraPro MidCap400

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

This leveraged ProShares ETF seeks a return that is 3x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return and 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 as frequently as daily. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.

ProShares Perspective on New SEC Regulations of Mutual Funds and ETFs
— read the statement.

  • 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 12/31/20

Total Number of Companies 400
Price/Earnings Ratio 23.90
Price/Book Ratio 2.54
Dividend Yield *(%) 1.27
Average Index Market Capitalization $5.4 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 12/31/20

Top 10 Index Companies Weight
Enphase Energy Inc. 1.08%
Trimble Inc. 0.81%
SolarEdge Technologies Inc. 0.80%
Monolithic Power Systems Inc. 0.76%
Caesars Entertainment Inc. 0.75%
Fair Isaac Corp. 0.72%
Generac Holdings Inc. 0.70%
Cognex Corp. 0.68%
Ceridian HCM Holding Inc. 0.67%
Masimo Corp. 0.66%

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

Index Holdings as of 12/31/20

Index Sector Weightings § Weight
Industrials 17.56%
Information Technology 17.37%
Financials 15.09%
Consumer Discretionary 14.20%
Health Care 11.09%
Real Estate 9.03%
Materials 5.68%
Consumer Staples 3.62%
Utilities 3.41%
Communication Services 1.74%
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§ Sum of weightings may not equal 100% due to rounding.