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ProShares UltraPro MidCap400 (UMDD)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347X8157

CUSIP

74347X815

Issuer

ProShares

Inception Date

Feb 9, 2010

Region

North America (U.S.)

Leveraged

3x

Index Tracked

S&P MidCap 400 Index (300%)

Home Page

proshares.com

Asset Class

Equity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

UMDD has a high expense ratio of 0.95%, indicating above-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.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares UltraPro MidCap400, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


400.00%600.00%800.00%1,000.00%1,200.00%1,400.00%1,600.00%December2025FebruaryMarchAprilMay
891.55%
424.81%
UMDD (ProShares UltraPro MidCap400)
Benchmark (^GSPC)

Returns By Period

ProShares UltraPro MidCap400 (UMDD) returned -24.69% year-to-date (YTD) and -23.68% over the past 12 months. Over the past 10 years, UMDD returned 4.80% annually, underperforming the S&P 500 benchmark at 10.45%.


UMDD

YTD

-24.69%

1M

13.75%

6M

-37.59%

1Y

-23.68%

5Y*

18.64%

10Y*

4.80%

^GSPC (Benchmark)

YTD

-3.77%

1M

3.72%

6M

-5.60%

1Y

8.55%

5Y*

14.11%

10Y*

10.45%

*Annualized

Monthly Returns

The table below presents the monthly returns of UMDD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202510.67%-13.87%-17.51%-13.54%10.78%-24.69%
2024-6.45%16.48%16.33%-18.34%11.72%-6.45%16.70%-2.93%1.50%-3.33%27.60%-22.00%19.69%
202328.44%-6.91%-11.65%-3.63%-11.02%28.02%11.03%-9.80%-16.41%-16.94%25.12%26.10%27.21%
2022-21.23%2.06%2.45%-21.73%-0.58%-28.61%34.96%-11.15%-26.47%30.92%15.33%-17.28%-49.61%
20213.15%20.84%12.72%12.95%-0.54%-3.69%-0.29%5.57%-11.88%17.97%-9.15%13.99%72.27%
2020-8.33%-27.46%-63.19%37.66%18.97%-0.69%12.91%10.53%-10.73%5.00%47.25%20.58%-17.30%
201933.82%12.78%-3.06%10.15%-22.13%23.58%2.24%-13.68%8.87%2.21%8.69%8.06%78.90%
20186.62%-13.78%1.34%-2.43%15.14%-0.33%2.92%8.91%-3.73%-27.42%8.41%-32.59%-40.29%
20174.85%7.48%-1.76%1.44%-1.56%3.94%2.08%-5.07%11.81%6.66%10.77%1.41%49.17%
2016-19.08%3.78%26.27%3.04%6.55%0.00%12.71%0.20%-1.55%-8.42%24.65%6.02%56.66%
2015-4.16%15.57%3.56%-4.92%4.80%-4.18%-0.22%-17.26%-10.09%16.76%3.30%-11.33%-13.06%
2014-7.11%14.49%0.75%-5.40%4.94%12.85%-12.99%15.66%-13.41%9.72%5.10%2.17%23.23%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of UMDD is 9, meaning it’s performing worse than 91% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of UMDD is 99
Overall Rank
The Sharpe Ratio Rank of UMDD is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of UMDD is 1212
Sortino Ratio Rank
The Omega Ratio Rank of UMDD is 1212
Omega Ratio Rank
The Calmar Ratio Rank of UMDD is 55
Calmar Ratio Rank
The Martin Ratio Rank of UMDD is 66
Martin 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 UltraPro MidCap400 (UMDD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

ProShares UltraPro MidCap400 Sharpe ratios as of May 10, 2025 (values are recalculated daily):

  • 1-Year: -0.37
  • 5-Year: 0.30
  • 10-Year: 0.08
  • All Time: 0.27

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of ProShares UltraPro MidCap400 compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
-0.37
0.44
UMDD (ProShares UltraPro MidCap400)
Benchmark (^GSPC)

Dividends

Dividend History

ProShares UltraPro MidCap400 provided a 1.10% dividend yield over the last twelve months, with an annual payout of $0.22 per share.


0.00%0.20%0.40%0.60%0.80%$0.00$0.05$0.10$0.15$0.2020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.22$0.20$0.04$0.09$0.02$0.02$0.16$0.04$0.00$0.00$0.01$0.01

Dividend yield

1.10%0.76%0.19%0.49%0.06%0.08%0.64%0.32%0.00%0.03%0.06%0.08%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares UltraPro MidCap400. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.03$0.00$0.00$0.03
2024$0.00$0.00$0.01$0.00$0.00$0.04$0.00$0.00$0.05$0.00$0.00$0.11$0.20
2023$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.04
2022$0.00$0.00$0.01$0.00$0.00$0.01$0.00$0.00$0.03$0.00$0.00$0.03$0.09
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02$0.02
2020$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02
2019$0.00$0.00$0.02$0.00$0.00$0.04$0.00$0.00$0.06$0.00$0.00$0.04$0.16
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.04$0.04
2017$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
2016$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
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01
2014$0.01$0.01

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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-47.06%
-7.88%
UMDD (ProShares UltraPro MidCap400)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares UltraPro 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 MidCap400 was 86.24%, occurring on Mar 23, 2020. Recovery took 233 trading sessions.

The current ProShares UltraPro MidCap400 drawdown is 47.06%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-86.24%Aug 30, 2018388Mar 23, 2020233Feb 24, 2021621
-65.66%May 2, 2011108Oct 3, 2011339Feb 8, 2013447
-64.61%Nov 17, 2021489Oct 27, 2023
-50.75%Jun 24, 2015161Feb 11, 2016193Nov 15, 2016354
-47.01%Apr 26, 201050Jul 6, 2010105Dec 2, 2010155

Volatility

Volatility Chart

The current ProShares UltraPro MidCap400 volatility is 21.86%, 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.


0.00%10.00%20.00%30.00%40.00%December2025FebruaryMarchAprilMay
21.86%
6.82%
UMDD (ProShares UltraPro MidCap400)
Benchmark (^GSPC)