MVV
ProShares Ultra MidCap400
📎 Investment Objective
The ProShares Ultra MidCap400 ETF (MVV) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the S&P MidCap 400 Index.
Overview
ETF tracking ProShares Ultra MidCap400
Performance
Price Chart
Investment Summary
📎 Investment Objective
The ProShares Ultra MidCap400 ETF (MVV) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the S&P MidCap 400 Index.
🎯 Investment Strategy
The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to achieve its 2x daily leverage objective. It does not actually invest directly in the underlying stocks of the S&P MidCap 400 Index.
✨ Key Features
- Provides 2x the daily performance of the S&P MidCap 400 Index
- Utilizes derivatives to achieve its leveraged exposure
- Designed for short-term trading and not long-term buy-and-hold investing
- Has low assets under management and has not been actively traded
⚠️ Primary Risks
- Significant risk of loss due to the leveraged nature of the fund
- Potential for volatility and large daily swings in the share price
- Tracking error risk as the fund may not perfectly match the 2x daily index return
- Liquidity risk due to low trading volume and assets under management
👤 Best For
This ETF is best suited for experienced, sophisticated investors with a high risk tolerance who are looking for short-term, speculative exposure to the mid-cap equity market. It is not recommended for long-term, buy-and-hold investors.