| Browse All

ProShares UltraShort MidCap400 (MZZ)

Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
6.43 USD -0.26 (-3.934%) ⇩ (April 17, 2026, 3:54 p.m. EDT)
After hours: 6.56 +0.13 (1.952%) ⇧ (April 17, 2026, 7:56 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 4 p.m. EDT

MZZ, as a short-term inverse ETF, is showing mixed signals. The recent price history indicates a downtrend with recent dips, which might present a buy-the-dip opportunity for short-term traders. The high dividend yield is a strong positive, making it attractive for income-focused investors. However, the long-term outlook is bearish, with a low star rating due to the inverse nature and uncertain fundamentals of the underlying index. The options activity suggests a cautious or speculative approach, with a focus on potential upside for longer-dated expirations. Overall, it's a high-yield, high-risk instrument that may appeal to short-term traders but is not suitable for long-term investors.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.041652
AutoTheta0.041708
AutoETS0.041774
AutoARIMA0.041775

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 56%
H-stat 2.52
Ljung-Box p 0.000
Jarque-Bera p 0.354
Excess Kurtosis -0.96

As of April 11, 2026, 4 p.m. EDT: Options activity suggests mixed signals. For the near-term expiration (April 17), there is a notable put at the ATM strike with high IV, indicating some bearish sentiment. However, for the longer-dated expirations (June 18 and September 18), there is significant call activity at far OTM strikes, suggesting speculation on a potential upward move. The presence of high IV and open interest in these calls could indicate that speculators are anticipating a substantial price increase. The puts, particularly at the September 18 expiration, show a concentration of open interest at a strike significantly above the current price, which might indicate a cautious outlook or hedging against a potential downturn.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.80% 5.09% 5.27% 3.38%
Dividend History
Date Dividend Yield %
2026-03-25 0.059 0.799458
2025-12-24 0.120 1.593480
2025-09-24 0.136 1.685590
2025-06-25 0.092 1.011169
2025-03-26 0.069 0.688776
2024-12-23 0.167 1.833024
2024-09-25 0.203 2.169734
2024-06-26 0.124 1.178255
2024-03-20 0.125 1.265186
2023-12-20 0.185 1.608767
2023-09-20 0.136 1.016622
2023-06-21 0.124 0.948356
2023-03-22 0.123 0.827865
2022-12-22 0.042 0.283325
2020-03-25 0.056 0.069856
2019-12-24 0.128 0.267331
2019-09-25 0.188 0.346789
2019-06-25 0.336 0.580705
2019-03-20 0.208 0.348985
2018-12-26 0.236 0.297947
2018-09-26 0.188 0.349835
2018-06-20 0.060 0.108781
2008-12-23 1526.912 43.234794
2008-09-24 14.912 0.610491
2008-06-24 8.384 0.403720
2008-03-25 18.560 0.780772
2007-12-20 40.512 1.934710
2007-09-25 41.280 2.026244
2007-06-26 32.000 1.596712
2007-03-27 24.064 1.145489
2006-12-20 73.152 3.198814
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 5.43

Info Dump

Attribute Value
All Time High 10,197.76
All Time Low 6.35
Ask 6.43
Ask Size 2,000
Average Daily Volume10 Day 18,780
Average Daily Volume3 Month 8,164
Average Volume 8,164
Average Volume10Days 18,780
Beta3 Year -2.21
Bid 6.42
Bid Size 600
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 6.4344
Day Low 6.35
Dividend Yield 5.43
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 7.1316
Fifty Day Average Change -0.6971998
Fifty Day Average Change Percent -0.09776205
Fifty Two Week Change Percent -48.270313
Fifty Two Week High 12.63
Fifty Two Week High Change -6.1956
Fifty Two Week High Change Percent -0.49054632
Fifty Two Week Low 6.35
Fifty Two Week Low Change 0.08440018
Fifty Two Week Low Change Percent 0.013291366
Fifty Two Week Range 6.35 - 12.63
First Trade Date Milliseconds 1,152,797,400,000
Five Year Average Return -0.1601015
Full Exchange Name NYSEArca
Fund Family ProShares
Fund Inception Date 1,152,576,000
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 a measure of mid-size company U.S. stock market performance. Under normal circumstances, the fund will obtain inverse 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 UltraShort MidCap400
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_28040413
Nav Price 6.4331
Net Assets 851,670.0
Net Expense Ratio 0.95
Open 6.51
Post Market Change 0.12559986
Post Market Change Percent 1.9520057
Post Market Price 6.56
Post Market Time 1,776,470,161
Previous Close 6.6979
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.2635
Regular Market Change Percent -3.93406
Regular Market Day High 6.4344
Regular Market Day Low 6.35
Regular Market Day Range 6.35 - 6.4344
Regular Market Open 6.51
Regular Market Previous Close 6.6979
Regular Market Price 6.4344
Regular Market Time 1,776,455,693
Regular Market Volume 5,882
Short Name ProShares UltraShort MidCap400
Source Interval 15
Symbol MZZ
Three Year Average Return -0.22125
Total Assets 851,670
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -4.61577
Trailing Three Month Returns -4.61577
Triggerable 1
Two Hundred Day Average 7.9427
Two Hundred Day Average Change -1.5082998
Two Hundred Day Average Change Percent -0.18989763
Type Disp ETF
Volume 5,882
Yield 0.0543
Ytd Return -4.61577