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ProShares UltraShort MidCap400 (MZZ)

Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
6.58 USD +0.12 (1.873%) ⇧ (Oct. 16, 2026, 3:56 p.m. EDT)

Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | Oct. 10, 2026, 1:10 a.m. EDT

This instrument represents a catastrophic long-term failure disguised by a mechanical dividend yield. The underlying business quality has collapsed, evidenced by a brutal 92.76% cumulative loss over the last nine years and a relentless streak of three consecutive annual declines ending recently. While the price has technically recovered somewhat from its 2021 lows, the trajectory remains firmly in a structural decline zone where the market has repeatedly punished the asset. The reported 3.54% dividend yield is a dangerous illusion; it is not a reward for ownership but a symptom of the asset's implosion, likely representing a payout of eroded capital rather than sustainable earnings power. For a leveraged inverse ETF, this confirms the thesis that the mid-cap market has been in a severe, multi-year bear regime. Short-term, the price is hovering near its 50-day average, offering no clear momentum edge, but the long-term outlook is bleak as the compounding losses continue to drag the value down.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.044179
AutoETS0.044256
AutoARIMA0.044541
AutoTheta0.050590

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 52%
H-stat 3.52
Ljung-Box p 0.000
Jarque-Bera p 0.260
Excess Kurtosis -1.20

As of Oct. 10, 2026, 1:10 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across all expirations. The lack of positioning in either calls or puts suggests a complete absence of speculative directional bets, reflecting the instrument's status as a niche, low-liquidity leveraged product rather than a vehicle for active speculation.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.51% 3.27% 4.64% 3.32%
Dividend History
Date Dividend Yield %
2026-09-23 0.033 0.514019
2026-06-24 0.022 0.371622
2026-03-25 0.059 0.799458
2025-12-24 0.120 1.581028
2025-09-24 0.136 1.646489
2025-06-25 0.092 0.971489
2025-03-26 0.069 0.655271
2024-12-23 0.167 1.732365
2024-09-25 0.203 2.015889
2024-06-26 0.124 1.072664
2024-03-20 0.125 1.139471
2023-12-20 0.185 1.432998
2023-09-20 0.136 0.892388
2023-06-21 0.124 0.825017
2023-03-22 0.123 0.714286
2022-12-22 0.042 0.242634
2020-03-25 0.056 0.059676
2019-12-24 0.128 0.228245
2019-09-25 0.188 0.295412
2019-06-25 0.336 0.493247
2019-03-20 0.208 0.294952
2018-12-26 0.236 0.251064
2018-09-26 0.188 0.294118
2018-06-20 0.060 0.091185
2008-12-23 1526.912 36.208833
2008-09-24 14.912 0.373278
2008-06-24 8.384 0.245917
2008-03-25 18.560 0.474399
2007-12-20 40.512 1.170055
2007-09-25 41.280 1.211723
2007-06-26 32.000 0.943396
2007-03-27 24.064 0.670351
2006-12-20 73.152 1.859444
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.54

Info Dump

Attribute Value
All Time High 10,197.76
All Time Low 5.55
Ask 6.85
Ask Size 900
Average Daily Volume10 Day 1,440
Average Daily Volume3 Month 8,859
Average Volume 8,859
Average Volume10Days 1,440
Beta3 Year -1.93
Bid 6.6
Bid Size 1,600
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 6.5899
Day Low 6.5299
Dividend Yield 3.54
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 6.1634
Fifty Day Average Change 0.4131999
Fifty Day Average Change Percent 0.0670409
Fifty Two Week Change Percent -23.277908
Fifty Two Week High 9.08
Fifty Two Week High Change -2.5033998
Fifty Two Week High Change Percent -0.27570483
Fifty Two Week Low 5.55
Fifty Two Week Low Change 1.0265999
Fifty Two Week Low Change Percent 0.18497294
Fifty Two Week Range 5.55 - 9.08
First Trade Date Milliseconds 1,152,797,400,000
Five Year Average Return -0.1453287
Full Exchange Name NYSEArca
Fullday Change 0.059899807
Fullday Change Percent 0.9215213
Fullday Price 6.5766
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 POST
Max Age 86,400
Message Board Id finmb_28040413
Nav Price 6.4585
Net Assets 4,735,434.0
Net Expense Ratio 0.95
Open 6.53
Previous Close 6.4557
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.1209
Regular Market Change Percent 1.87277
Regular Market Day High 6.5899
Regular Market Day Low 6.5299
Regular Market Day Range 6.5299 - 6.5899
Regular Market Open 6.53
Regular Market Previous Close 6.4557
Regular Market Price 6.5766
Regular Market Time 1,792,180,611
Regular Market Volume 19,566
Short Name ProShares UltraShort MidCap400
Source Interval 15
Symbol MZZ
Three Year Average Return -0.23577431
Total Assets 4,735,434
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 16.01417
Trailing Three Month Returns 16.01417
Triggerable 1
Two Hundred Day Average 6.54095
Two Hundred Day Average Change 0.035650253
Two Hundred Day Average Change Percent 0.0054503176
Type Disp ETF
Volume 19,566
Yield 0.0354
Ytd Return -14.87711