ProShares - Short MidCap400

Frequently Asked Questions About MYY

What does MYY invest in?

The ProShares Short MidCap400 (MYY) aims to provide daily returns that move inversely, or opposite (-1x), to the daily performance of the S&P MidCap 400 index. This target is before any fees and expenses are factored in.

What is the expense ratio of MYY?

ProShares - Short MidCap400 (MYY) charges an expense ratio of 2.22%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MYY?

ProShares - Short MidCap400 (MYY) manages $2.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MYY actively managed or an index fund?

MYY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MYY launched?

ProShares - Short MidCap400 (MYY) launched in June 2006 and is managed by ProShares.

How has MYY performed?

MYY's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.