Proshares Short Midcap400 Etf Profile

MYY Etf  USD 17.08  0.23  1.33%   

Performance

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Odds Of Distress

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ProShares Short is trading at 17.08 as of the 6th of January 2026; that is 1.33% down since the beginning of the trading day. The etf's open price was 17.31. ProShares Short has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 10th of July 2025 and ending today, the 6th of January 2026. Click here to learn more.
The fund invests in financial instruments that the advisor believes, in combination, should produce daily returns consistent with the funds investment objective. Short Midcap400 is traded on NYSEARCA Exchange in the United States. More on ProShares Short MidCap400

Moving together with ProShares Etf

  0.77SPXU ProShares UltraPro ShortPairCorr

Moving against ProShares Etf

  0.91VO Vanguard Mid CapPairCorr
  0.87VTV Vanguard Value IndexPairCorr
  0.83VTI Vanguard Total StockPairCorr
  0.83TOT Advisor Managed PortPairCorr
  0.78SPY SPDR SP 500PairCorr
  0.78IVV iShares Core SPPairCorr

ProShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationMid Cap ETFs, Size And Style ETFs, Trading--Inverse Equity, ProShares (View all Sectors)
IssuerProShares
Inception Date2006-06-19
BenchmarkS&P MidCap 400 Index
Entity TypeRegulated Investment Company
Asset Under Management3.83 Million
Average Trading Volume3,041.4
Asset TypeEquity
CategorySize and Style
FocusMid Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors, LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerMichael Neches, Devin Sullivan
Transfer AgentJ.P. Morgan Chase Bank, N.A.
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents21.0
Market MakerLatour Trading
Total Expense1.74
Management Fee0.75
Country NameUSA
Returns Y T D(5.95)
NameProShares Short MidCap400
Currency CodeUSD
Open FigiBBG000PNHQ23
In Threey Volatility16.64
1y Volatility14.12
200 Day M A18.7167
50 Day M A17.783
CodeMYY
Updated At6th of January 2026
Currency NameUS Dollar
ProShares Short MidCap400 [MYY] is traded in USA and was established 2006-06-19. The fund is classified under Trading--Inverse Equity category within ProShares family. The entity is thematically classified as Mid Cap ETFs. ProShares Short MidCap400 now have 14.19 M in assets. , while the total return for the last 3 years was -7.4%.
Check ProShares Short Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Short MidCap400 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

ProShares Short Top Holders

CAPTXCanterbury Portfolio ThermostatMutual FundTactical Allocation
More Details

ProShares Short MidCap400 Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Short. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

ProShares Short MidCap400 Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. ProShares Short MidCap400 Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe ProShares Short price patterns.

ProShares Short Against Markets

When determining whether ProShares Short MidCap400 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Short's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Short Midcap400 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Short Midcap400 Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Short MidCap400. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of ProShares Short MidCap400 is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Short's market value can be influenced by many factors that don't directly affect ProShares Short's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.