MVV ProShares Ultra MidCap400 ETF

Seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P MidCap 400 Index. MVV will typically own shares in the stocks in the Index, but it will achieve its leverage factor of 2.00 using swaps and other derivates. Because the swaps and derivatives allow the fund to achieve its required leverage without using all of its cash, the fund will also typically have large amounts of excess cash invested in short-term investments. The Index is a capitalization-weighted index made up of 400 mid capitalization stocks selected by a committee at S&P. The committee considers various factors when determining the 400 stocks that are included in the index, including market size, liquidity and industry grouping.

$68.14  +1.03 (1.54%)
As of 10/20/2021 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     ProShares
Category1:  US Equity
Category2:  Broad market
Category3:  Mid cap
Morningstar category:  Trading--Leveraged Equity
Leverage factor:  2.00
Inception date:  06/19/2006
Index tracking method: Passive replication
Current yield:  0.15%
Historical average yield:  0.81%
Market cap:  $172,010,000
Average volume:  52,123
Fees:     0.9500%

Index Information
S&P MidCap 400 Index
Index symbol:  MID
Provider:   S&P Dow Jones
Index weighting:   Market capitalization
Index inception date:  06/19/1991
Backtesting data exists:   No
Number of holdings:  400
Strategy:  Passive market cap indexing

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