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ProShares Short S&P Mid Cap400 (MYY)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS74347R8007
CUSIP74347B250
IssuerProShares
Inception DateJun 19, 2006
RegionNorth America (U.S.)
CategoryInverse Equities
Index TrackedS&P Mid Cap 400 (-100%)
Asset ClassEquity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

The ProShares Short S&P Mid Cap400 has a high expense ratio of 0.95%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.95%

Share Price Chart


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Compare to other instruments

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ProShares Short S&P Mid Cap400

Popular comparisons: MYY vs. MDYG

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares Short S&P Mid Cap400, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2024FebruaryMarchApril
-10.30%
15.51%
MYY (ProShares Short S&P Mid Cap400)
Benchmark (^GSPC)

S&P 500

Returns By Period

ProShares Short S&P Mid Cap400 had a return of -1.24% year-to-date (YTD) and -8.24% in the last 12 months. Over the past 10 years, ProShares Short S&P Mid Cap400 had an annualized return of -11.03%, while the S&P 500 had an annualized return of 10.50%, indicating that ProShares Short S&P Mid Cap400 did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-1.24%5.90%
1 month2.76%-1.28%
6 months-10.30%15.51%
1 year-8.24%21.68%
5 years (annualized)-12.02%11.74%
10 years (annualized)-11.03%10.50%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20242.36%-5.10%-4.82%
20236.16%6.15%-7.37%-7.77%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MYY is 8, indicating that it is in the bottom 8% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of MYY is 88
ProShares Short S&P Mid Cap400(MYY)
The Sharpe Ratio Rank of MYY is 66Sharpe Ratio Rank
The Sortino Ratio Rank of MYY is 77Sortino Ratio Rank
The Omega Ratio Rank of MYY is 66Omega Ratio Rank
The Calmar Ratio Rank of MYY is 1313Calmar Ratio Rank
The Martin Ratio Rank of MYY is 99Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ProShares Short S&P Mid Cap400 (MYY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


MYY
Sharpe ratio
The chart of Sharpe ratio for MYY, currently valued at -0.56, compared to the broader market0.002.004.00-0.56
Sortino ratio
The chart of Sortino ratio for MYY, currently valued at -0.68, compared to the broader market-2.000.002.004.006.008.0010.00-0.68
Omega ratio
The chart of Omega ratio for MYY, currently valued at 0.92, compared to the broader market1.001.502.002.500.92
Calmar ratio
The chart of Calmar ratio for MYY, currently valued at -0.09, compared to the broader market0.002.004.006.008.0010.0012.00-0.09
Martin ratio
The chart of Martin ratio for MYY, currently valued at -0.78, compared to the broader market0.0020.0040.0060.0080.00-0.78
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market0.002.004.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.008.0010.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.002.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.62, compared to the broader market0.0020.0040.0060.0080.007.62

Sharpe Ratio

The current ProShares Short S&P Mid Cap400 Sharpe ratio is -0.56. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
-0.56
1.89
MYY (ProShares Short S&P Mid Cap400)
Benchmark (^GSPC)

Dividends

Dividend History

ProShares Short S&P Mid Cap400 granted a 5.20% dividend yield in the last twelve months. The annual payout for that period amounted to $1.09 per share.


PeriodTTM202320222021202020192018
Dividend$1.09$1.09$0.10$0.00$0.02$0.60$0.17

Dividend yield

5.20%5.08%0.40%0.00%0.05%1.52%0.34%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares Short S&P Mid Cap400. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.16
2023$0.00$0.00$0.16$0.00$0.00$0.26$0.00$0.00$0.24$0.00$0.00$0.43
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.10
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2019$0.00$0.00$0.14$0.00$0.00$0.24$0.00$0.00$0.13$0.00$0.00$0.09
2018$0.01$0.00$0.00$0.10$0.00$0.00$0.06

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2024FebruaryMarchApril
-93.86%
-3.86%
MYY (ProShares Short S&P Mid Cap400)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Short S&P Mid Cap400. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ProShares Short S&P Mid Cap400 was 94.25%, occurring on Mar 28, 2024. The portfolio has not yet recovered.

The current ProShares Short S&P Mid Cap400 drawdown is 93.86%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-94.25%Nov 21, 20083851Mar 28, 2024
-18.55%Oct 28, 20086Nov 4, 200811Nov 19, 200817
-18.4%Jul 24, 2006217Jun 4, 2007158Jan 17, 2008375
-17.2%Mar 11, 200861Jun 5, 200880Sep 29, 2008141
-9.01%Oct 10, 20082Oct 13, 20087Oct 22, 20089

Volatility

Volatility Chart

The current ProShares Short S&P Mid Cap400 volatility is 4.45%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2024FebruaryMarchApril
4.45%
3.39%
MYY (ProShares Short S&P Mid Cap400)
Benchmark (^GSPC)