MYY vs. BBMC
MYY (ProShares Short S&P Mid Cap400) and BBMC (JPMorgan BetaBuilders U.S. Mid Cap Equity ETF) are both exchange-traded funds - MYY is a Inverse Equities fund tracking the S&P Mid Cap 400 (-100%), while BBMC is a Small Cap Growth Equities fund tracking the Morningstar US Mid Cap Target Market Exposure Extended Index. Both are passively managed. Over the past 5 years, MYY returned -6.13%/yr vs 8.04%/yr for BBMC. At a correlation of -0.97, they often move in opposite directions. MYY charges 0.95%/yr vs 0.07%/yr for BBMC.
Performance
MYY vs. BBMC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MYY achieves a -11.47% return, which is significantly lower than BBMC's 16.85% return.
MYY
- 1D
- 0.97%
- 1M
- -2.32%
- YTD
- -11.47%
- 6M
- -9.76%
- 1Y
- -16.72%
- 3Y*
- -9.96%
- 5Y*
- -6.13%
- 10Y*
- -11.38%
BBMC
- 1D
- -0.99%
- 1M
- 2.80%
- YTD
- 16.85%
- 6M
- 14.49%
- 1Y
- 31.25%
- 3Y*
- 19.32%
- 5Y*
- 8.04%
- 10Y*
- —
MYY vs. BBMC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MYY ProShares Short S&P Mid Cap400 | -11.47% | -4.05% | -7.08% | -9.46% | 10.23% | -23.04% | -36.59% |
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 16.85% | 12.24% | 15.15% | 18.37% | -19.77% | 17.64% | 62.09% |
Correlation
The correlation between MYY and BBMC is -0.97, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.98 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020 | -0.97 |
The correlation between MYY and BBMC has been stable across timeframes, ranging from -0.98 to -0.97 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MYY vs. BBMC — Risk / Return Rank
MYY
BBMC
MYY vs. BBMC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short S&P Mid Cap400 (MYY) and JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MYY | BBMC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.92 | ||
| Sortino ratioReturn per unit of downside risk | -4.04 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.32 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | 3.22 | -4.18 |
| Martin ratioReturn relative to average drawdown | -1.82 | 12.57 | -14.39 |
Loading charts...
Drawdowns
MYY vs. BBMC - Drawdown Comparison
The maximum MYY drawdown since its inception was -95.14%, which is greater than BBMC's maximum drawdown of -30.11%. Use the drawdown chart below to compare losses from any high point for MYY and BBMC.
Loading charts...
Drawdown Indicators
| MYY | BBMC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.14% | -30.11% | -65.03% |
Max Drawdown (1Y)Largest decline over 1 year | -17.48% | -9.75% | -7.73% |
Max Drawdown (3Y)Largest decline over 3 years | -34.39% | -24.18% | -10.21% |
Max Drawdown (5Y)Largest decline over 5 years | -37.07% | -30.11% | -6.96% |
Max Drawdown (10Y)Largest decline over 10 years | -71.61% | — | — |
Current DrawdownCurrent decline from peak | -95.09% | -1.65% | -93.44% |
Average DrawdownAverage peak-to-trough decline | -72.19% | -8.86% | -63.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.25% | 2.49% | +6.76% |
Volatility
MYY vs. BBMC - Volatility Comparison
The current volatility for ProShares Short S&P Mid Cap400 (MYY) is 4.50%, while JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) has a volatility of 5.64%. This indicates that MYY experiences smaller price fluctuations and is considered to be less risky than BBMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MYY | BBMC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 5.64% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 11.75% | 12.94% | -1.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.86% | 16.92% | -1.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.63% | 20.68% | -1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.24% | 21.09% | +0.15% |
MYY vs. BBMC - Expense Ratio Comparison
MYY has a 0.95% expense ratio, which is higher than BBMC's 0.07% expense ratio.
Dividends
MYY vs. BBMC - Dividend Comparison
MYY's dividend yield for the trailing twelve months is around 4.47%, more than BBMC's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 1.09% | 1.25% | 1.31% | 1.36% | 1.48% | 0.87% | 0.69% | 0.00% | 0.00% |
MYY ProShares Short S&P Mid Cap400 | 4.47% | 4.20% | 4.92% | 5.08% | 0.40% | 0.00% | 0.05% | 1.52% | 0.34% |
Frequently Asked Questions
MYY and BBMC have a correlation of -0.97, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBMC has higher volatility (5.64%) compared to MYY (4.50%). In terms of maximum drawdown, MYY dropped -95.14% vs BBMC's -30.11%.
On 5-year performance, BBMC leads with 8.04% vs -6.13% for MYY. On fees, BBMC is cheaper at 0.07% per year. On volatility, MYY has been the lower-risk option at 4.50%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, BBMC has performed better with a 8.04% return vs -6.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BBMC is cheaper with a 0.07% expense ratio, compared with 0.95% for MYY.
MYY has the higher dividend yield at 4.47%, compared with 1.09% for BBMC.
MYY is categorized as Inverse Equities, while BBMC is Small Cap Growth Equities. MYY tracks S&P Mid Cap 400 (-100%), while BBMC tracks Morningstar US Mid Cap Target Market Exposure Extended Index. They also come from different issuers: ProShares and JPMorgan. Their fees differ too: 0.95% for MYY and 0.07% for BBMC.
BBMC currently has the higher Sharpe Ratio (1.86 vs -1.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MYY and BBMC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer