ProShares UltraPro Short MidCap400 (SMDD)
- Equity | Mid-Cap Funds
The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the S&P MidCap400®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times the inverse (-3x) 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 mechanical process. The fund is non-diversified.
Fund Snapshot Updated 07.21.2014
|Previous Close||$43.91||Expense Ratio||0.95%|
|YTD Return||20.20%||Avg. 30-Day Volume||9,866|
|1-Year Return||41.3%||Market Cap||Loading...|