- What does UMDD invest in?
- The ProShares UltraPro MidCap400 strives to achieve daily investment outcomes that are triple (3x) the daily fluctuations of the S&P MidCap 400 index. This target is measured prior to accounting for any fees and operational expenses.
- What is the expense ratio of UMDD?
- ProShares - UltraPro MidCap 400 (UMDD) charges an expense ratio of 1.40%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is UMDD?
- ProShares - UltraPro MidCap 400 (UMDD) manages $32.5M 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 UMDD actively managed or an index fund?
- UMDD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was UMDD launched?
- ProShares - UltraPro MidCap 400 (UMDD) launched in February 2010 and is managed by ProShares.
- How has UMDD performed?
- UMDD'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.
