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ProShares Ultra MidCap400 (MVV)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
87.80 USD -2.16 (-2.404%) ⇩ (Aug. 28, 2026, 3:59 p.m. EDT)
After hours: 87.80

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 5:39 a.m. EDT

This leveraged ETF presents a classic case of structural decay masked by recent price recovery. While the underlying index has posted a +5.79% gain last year, bringing the nine-year cumulative return to +148%, the math of leverage works against the holder here. The fund has lost nearly 50% of its value relative to its inception due to compounding drag, meaning the current price is significantly inflated compared to the actual performance of the mid-cap assets it tracks. Recent price action shows the fund trading near its 52-week highs, which is dangerous territory for a leveraged product where mean reversion is the norm. The statistical forecast models a slight downside drift over the next 45 days, aligning with the expectation that the fund will struggle to maintain its current premium. For a long-term investor, the persistent underperformance of leveraged vehicles makes this a neutral hold at best; for a short-term trader, the lack of options liquidity and the inherent volatility decay suggest avoiding a momentum play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.020586
AutoARIMA0.021917
MSTL0.026486
AutoTheta0.028820

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 54%
H-stat 1.80
Ljung-Box p 0.000
Jarque-Bera p 0.279
Excess Kurtosis -0.39
Attribute Value
Trailing P/E 21.34

As of Aug. 22, 2026, 5:39 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across both calls and puts. Implied volatility is extremely low, indicating a lack of speculative positioning or hedging demand. The market appears indifferent to near-term directional moves.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.12% 0.81% 0.62% 0.69%
Dividend History
Date Dividend Yield %
2026-06-24 0.106000 0.119222
2026-03-25 0.113000 0.154077
2025-12-24 0.224000 0.308328
2025-09-24 0.159000 0.231205
2025-06-25 0.096000 0.155971
2025-03-26 0.059000 0.096138
2024-12-23 0.103000 0.150190
2024-09-25 0.042000 0.062057
2024-06-26 0.087000 0.141579
2024-03-20 0.033000 0.050428
2023-12-20 0.150000 0.266619
2023-09-20 0.055000 0.110954
2023-06-21 0.121000 0.237908
2023-03-22 0.120000 0.264026
2022-12-22 0.219000 0.462904
2022-09-21 0.135000 0.295664
2022-06-22 0.066000 0.155002
2022-03-23 0.024000 0.039113
2021-12-23 0.064000 0.093554
2021-09-22 0.020000 0.031969
2021-06-22 0.019000 0.030073
2021-03-23 0.009000 0.015848
2020-12-23 0.050000 0.104275
2020-09-23 0.006000 0.020711
2020-06-24 0.013000 0.047759
2020-03-25 0.068000 0.367965
2019-12-24 0.101000 0.224046
2019-09-25 0.078000 0.192783
2019-06-25 0.070000 0.179625
2019-03-20 0.031000 0.080207
2018-12-26 0.091000 0.309103
2018-09-26 0.038000 0.084183
2018-06-20 0.040000 0.089166
2018-03-21 0.020000 0.047954
2017-12-26 0.066000 0.160285
2017-09-27 0.011667 0.032055
2017-03-22 0.010000 0.030716
2016-12-21 0.050667 0.157628
2016-09-21 0.029667 0.108976
2016-06-22 0.026333 0.103402
2015-12-22 0.037333 0.165777
2012-12-26 0.007167 0.059101
2010-09-21 0.001833 0.022884
2010-03-24 0.005500 0.066238
2009-09-24 0.004667 0.075153
2009-06-24 0.007833 0.185543
2009-03-24 0.010833 0.328937
2008-09-24 0.019000 0.200000
2008-06-24 0.024833 0.202525
2008-03-25 0.019167 0.174669
2007-12-20 0.642500 4.885932
2007-09-25 0.023500 0.160373
2007-06-26 0.025333 0.165792
2007-03-27 0.052500 0.363490
2006-12-20 0.724500 5.464488
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.69

Info Dump

Attribute Value
All Time High 94.88
All Time Low 2.228333
Ask 88.04
Ask Size 200
Average Daily Volume10 Day 5,670
Average Daily Volume3 Month 8,438
Average Volume 8,438
Average Volume10Days 5,670
Beta3 Year 2.01
Bid 84.4
Bid Size 100
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 89.68
Day Low 87.8
Dividend Yield 0.69
Eps Trailing Twelve Months 4.114424
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 89.6804
Fifty Day Average Change -1.880394
Fifty Day Average Change Percent -0.020967726
Fifty Two Week Change Percent 28.362572
Fifty Two Week High 94.88
Fifty Two Week High Change -7.079994
Fifty Two Week High Change Percent -0.074620515
Fifty Two Week Low 62.12
Fifty Two Week Low Change 25.680004
Fifty Two Week Low Change Percent 0.4133935
Fifty Two Week Range 62.12 - 94.88
First Trade Date Milliseconds 1,150,896,600,000
Five Year Average Return 0.066542804
Full Exchange Name NYSEArca
Fullday Change -2.16309
Fullday Change Percent -2.40442
Fullday Price 87.8
Fund Family ProShares
Fund Inception Date 1,150,675,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of mid-cap companies listed and domiciled in the U.S. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Long Name ProShares Ultra MidCap400
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_43923598
Nav Price 89.8962
Net Assets 152,377,536.0
Net Expense Ratio 0.95
Open 90.2
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 87.8
Post Market Time 1,787,955,420
Previous Close 89.9631
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -2.16309
Regular Market Change Percent -2.40442
Regular Market Day High 89.68
Regular Market Day Low 87.8
Regular Market Day Range 87.8 - 89.68
Regular Market Open 90.2
Regular Market Previous Close 89.9631
Regular Market Price 87.8
Regular Market Time 1,787,947,191
Regular Market Volume 4,102
Short Name ProShares Ultra MidCap400
Source Interval 15
Symbol MVV
Three Year Average Return 0.21438049
Total Assets 152,377,536
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 21.33956
Trailing Peg Ratio None
Trailing Three Month Nav Returns 5.31518
Trailing Three Month Returns 5.31518
Triggerable 1
Two Hundred Day Average 80.28725
Two Hundred Day Average Change 7.5127563
Two Hundred Day Average Change Percent 0.09357347
Type Disp ETF
Volume 4,102
Yield 0.0069
Ytd Return 25.17635