Proshares Ultrapro Midcap400 Etf Profile
| UMDD Etf | USD 34.12 0.29 0.86% |
Performance14 of 100
| Odds Of DistressLess than 9
|
ProShares UltraPro is trading at 34.12 as of the 30th of November 2024, a 0.86% up since the beginning of the trading day. The etf's lowest day price was 33.92. ProShares UltraPro has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ProShares UltraPro MidCap400 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrapro Midcap is traded on NYSEARCA Exchange in the United States. More on ProShares UltraPro MidCap400
Moving together with ProShares Etf
| 0.91 | SSO | ProShares Ultra SP500 | PairCorr |
| 0.91 | SPXL | Direxion Daily SP500 | PairCorr |
| 0.85 | QLD | ProShares Ultra QQQ | PairCorr |
| 0.91 | UPRO | ProShares UltraPro SP500 | PairCorr |
| 0.76 | TECL | Direxion Daily Technology | PairCorr |
Moving against ProShares Etf
ProShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Mid Cap ETFs, Size And Style ETFs, Trading--Leveraged Equity, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2010-02-09 |
| Benchmark | S&P Midcap 400 Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 46.33 Million |
| Average Trading Valume | 22,932.7 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Mid Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | J.P. Morgan Investor Services Co. |
| Advisor | ProShare Advisors LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Michael Neches, Devin Sullivan |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 459 |
| Market Maker | Latour Trading |
| Total Expense | 1.52 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 52.14 |
| Name | ProShares UltraPro MidCap400 |
| Currency Code | USD |
| Open Figi | BBG000QBD6G1 |
| In Threey Volatility | 61.06 |
| 1y Volatility | 49.02 |
| 200 Day M A | 26.1438 |
| 50 Day M A | 29.0824 |
| Code | UMDD |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
ProShares UltraPro MidCap400 [UMDD] is traded in USA and was established 2010-02-09. The fund is listed under Trading--Leveraged Equity category and is part of ProShares family. The entity is thematically classified as Mid Cap ETFs. ProShares UltraPro at this time have 19.97 M in net assets. , while the total return for the last 3 years was 0.9%.
Check ProShares UltraPro Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares UltraPro MidCap400 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top ProShares UltraPro MidCap400 Etf Constituents
| SIVB | SVB Financial Group | Stock | Financials | |
| ALGN | Align Technology | Stock | Health Care | |
| CDNS | Cadence Design Systems | Stock | Information Technology | |
| TFX | Teleflex Incorporated | Stock | Health Care | |
| ENPH | Enphase Energy | Stock | Information Technology | |
| GNRC | Generac Holdings | Stock | Industrials | |
| MPWR | Monolithic Power Systems | Stock | Information Technology | |
| POOL | Pool Corporation | Stock | Consumer Discretionary |
ProShares UltraPro Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares UltraPro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1079 | |||
| Jensen Alpha | 0.3161 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0973 |
ProShares UltraPro Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraPro MidCap400. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of ProShares UltraPro is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares UltraPro's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraPro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares UltraPro's market value can be influenced by many factors that don't directly affect ProShares UltraPro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraPro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.