Compare with UltraPro MidCap400
Key stats
Fund info
Home page
Inception date
Feb 11, 2010
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US74347X8157
CUSIP
74347X815
FIGI
BBG000QBD6G1
Identifiers
ISIN US74347X8157
UMDDs investment goal is to provide 3x leveraged exposure to the S&P mid-cap 400 Index. The underlying index is a well-known representation of the market that captures the space well. It: (i) is market cap-weighted, (ii) measures mid-size company US stock market performance, and (iii) factors in criteria such as liquidity, price, market capitalization and financial viability. As a levered product, UMDD presents different risks than other types of funds and is thus not a buy-and-hold investment. It should not be expected to provide index leverage returns greater than a one-day period.
Classification
What's in the fund
Exposure type
Finance
Cash
Breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
UMDD trades at 30.69 USD today, its price has fallen −4.88% in the past 24 hours. Track more dynamics on UMDD price chart.
UMDD net asset value is 32.24 today — it's fallen 7.36% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
UMDD assets under management is 27.94 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
UMDD price has fallen by −11.20% over the last month, and its yearly performance shows a 17.18% increase. See more dynamics on UMDD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −7.36% over the last month, have fallen by −7.36% over the last month, showed a −11.55% decrease in three-month performance and has increased by 24.00% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −7.36% over the last month, have fallen by −7.36% over the last month, showed a −11.55% decrease in three-month performance and has increased by 24.00% in a year.
UMDD fund flows account for −8.18 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
UMDD invests in stocks. See more details in our Profile section.
UMDD expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, UMDD is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, UMDD technical analysis shows the strong sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating UMDD shows the buy signal. See more of UMDD technicals for a more comprehensive analysis.
Today, UMDD technical analysis shows the strong sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating UMDD shows the buy signal. See more of UMDD technicals for a more comprehensive analysis.
Yes, UMDD pays dividends to its holders with the dividend yield of 0.58%.
UMDD trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
UMDD shares are issued by ProShare Advisors LLC
UMDD follows the S&P Mid Cap 400. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 11, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.
