ProShares - UltraShort MidCap400

Frequently Asked Questions About MZZ

What does MZZ invest in?

This ProShares fund aims to generate daily investment returns, before accounting for fees and expenses, that mirror two times the opposite (-2x) of the S&P MidCap 400's daily performance.

What is the expense ratio of MZZ?

ProShares - UltraShort MidCap400 (MZZ) charges an expense ratio of 6.82%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MZZ?

ProShares - UltraShort MidCap400 (MZZ) manages $4.2M 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 MZZ actively managed or an index fund?

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

When was MZZ launched?

ProShares - UltraShort MidCap400 (MZZ) launched in July 2006 and is managed by ProShares.

How has MZZ performed?

MZZ'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.