ProShares UltraPro Short MidCap400 (SMDD)
SMDD is a passive ETF by ProShares tracking the investment results of the S&P MidCap 400 Index (-300%). SMDD launched on Feb 11, 2010 and has a 0.95% expense ratio.
ETF Info
| ISIN | US74348A3923 |
|---|---|
| CUSIP | 74347G663 |
| Issuer | ProShares |
| Inception Date | Feb 11, 2010 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 3x |
| Index Tracked | S&P MidCap 400 Index (-300%) |
| Home Page | www.proshares.com |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Blend |
Expense Ratio
SMDD has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SMDD vs. UMDD, SMDD vs. XMMO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares UltraPro Short MidCap400, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ProShares UltraPro Short MidCap400 had a return of -38.49% year-to-date (YTD) and -53.58% in the last 12 months. Over the past 10 years, ProShares UltraPro Short MidCap400 had an annualized return of -40.13%, while the S&P 500 had an annualized return of 11.31%, indicating that ProShares UltraPro Short MidCap400 did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -38.49% | 24.72% |
| 1 month | -7.54% | 2.30% |
| 6 months | -21.07% | 12.31% |
| 1 year | -53.58% | 32.12% |
| 5 years (annualized) | -47.75% | 13.81% |
| 10 years (annualized) | -40.13% | 11.31% |
Monthly Returns
The table below presents the monthly returns of SMDD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.32% | -16.08% | -14.75% | 20.73% | -11.24% | 5.78% | -16.00% | -0.48% | -3.13% | 2.52% | -38.49% | ||
| 2023 | -23.65% | 5.75% | 7.87% | 2.65% | 10.17% | -23.21% | -10.98% | 10.13% | 17.61% | 17.51% | -22.18% | -22.75% | -38.37% |
| 2022 | 22.61% | -5.76% | -7.76% | 21.84% | -7.35% | 29.34% | -28.13% | 8.13% | 30.22% | -28.63% | -18.80% | 17.99% | 7.69% |
| 2021 | -6.65% | -19.40% | -16.19% | -12.96% | -1.99% | 1.81% | -2.49% | -6.79% | 11.67% | -16.68% | 7.96% | -16.03% | -58.01% |
| 2020 | 8.16% | 31.60% | 15.62% | -42.99% | -24.56% | -10.37% | -14.57% | -10.62% | 7.53% | -8.33% | -35.14% | -18.32% | -74.71% |
| 2019 | -26.89% | -11.65% | 1.39% | -11.32% | 27.35% | -20.46% | -3.36% | 11.29% | -9.09% | -3.76% | -8.49% | -7.91% | -53.35% |
| 2018 | -5.28% | 7.21% | -1.13% | -0.20% | -12.44% | 1.02% | -6.64% | -7.28% | 4.94% | 28.90% | -7.68% | 39.33% | 33.50% |
| 2017 | -5.16% | -7.77% | 1.37% | -3.45% | -0.77% | -4.02% | -1.84% | 4.27% | -11.06% | -5.49% | -10.94% | -3.74% | -39.87% |
| 2016 | 15.69% | -5.77% | -22.93% | -4.27% | -7.65% | -3.81% | -12.62% | -1.36% | -0.28% | 8.36% | -21.22% | -7.18% | -51.34% |
| 2015 | 1.89% | -14.74% | -4.41% | 3.93% | -5.78% | 3.38% | -0.93% | 14.57% | 8.65% | -15.97% | -6.50% | 13.51% | -7.55% |
| 2014 | 5.33% | -14.47% | -1.96% | 3.71% | -5.80% | -11.99% | 13.41% | -14.19% | 14.17% | -11.96% | -5.63% | -3.84% | -32.58% |
| 2013 | -19.64% | -3.85% | -13.62% | -3.25% | -8.71% | 5.54% | -17.31% | 11.15% | -15.01% | -11.27% | -4.40% | -9.54% | -62.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SMDD is 1, indicating that it is in the bottom 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares UltraPro Short MidCap400 (SMDD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProShares UltraPro Short MidCap400 provided a 4.82% dividend yield over the last twelve months, with an annual payout of $0.39 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.52 | $0.03 | $0.00 | $0.06 | $2.98 | $0.38 |
Dividend yield | 4.82% | 3.86% | 0.14% | 0.00% | 0.13% | 1.51% | 0.09% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares UltraPro Short MidCap400. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.21 | |
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.18 | $0.52 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 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 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2019 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $1.02 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $0.45 | $2.98 |
| 2018 | $0.38 | $0.38 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares UltraPro Short MidCap400. 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 UltraPro Short MidCap400 was 99.98%, occurring on Nov 11, 2024. The portfolio has not yet recovered.
The current ProShares UltraPro Short MidCap400 drawdown is 99.98%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.98% | Feb 12, 2010 | 3649 | Nov 11, 2024 | — | — | — |
Volatility
Volatility Chart
The current ProShares UltraPro Short MidCap400 volatility is 16.19%, 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.