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ETFs

ProShares UltraPro MidCap400

UMDD
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Feb 9, 2010
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$225,026
AUM
$24,438,384
Associated Index
S&P Midcap 400 Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
Net Other Assets (Liabilities)
16.82%
HUBB
Hubbell Inc.
0.61%
RS
Reliance Steel & Aluminum Co.
0.57%
BLDR
Builders Firstsource Inc
0.56%
JBL
Jabil Inc
0.52%
DECK
Deckers Outdoor Corp.
0.49%
CSL
Carlisle Companies Inc.
0.47%
GGG
Graco Inc.
0.46%
ELS
Equity Lifestyle Properties Inc.
0.46%
GLPI
Gaming and Leisure Properties Inc
0.45%
Invest with UMDD
Trade UMDD Options

What is UMDD?

ProShares UltraPro MidCap400 seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the S&P MidCap 400 Index.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

UMDD
Performance Measures**

for the time period Feb 11, 2010 to Dec 5, 2025

Returns

1M Trailing Return: 6.6%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -1.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -86.2%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 59.9%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.58

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.20

The annualized return divided by the max drawdown for the selected time period.

ETFs related toUMDD

ETFs correlated to UMDD include IJH, SPMD, IVOO

UMDD
ProShares Trust - ProShares UltraPro MidCap400 3x Shares
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
MDY
State Street Global Advisors - S&P MidCap 400 ETF
GRPM
Invesco Capital Management LLC - Invesco S&P MidCap 400 GARP ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toUMDD

Serious Business

Category

Tactical allocation, leveraged ETFs, trend+momentum, mean reversion, volatility control, bonds, tech/semis focus, hedging

OOS Cumulative Return

143.12%

Serious Business LBT

Category

Tactical allocation, leveraged ETFs, trend following, mean reversion, volatility hedging, bond rotation, risk-on/risk-off

OOS Cumulative Return

141.05%

Create your own algorithmic trading strategy with UMDD using Composer

FAQ

UMDD is a US Equities ETF. ProShares UltraPro MidCap400 seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the S&P MidCap 400 Index.

UMDD tracks the S&P Midcap 400 Index.

No, UMDD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, UMDD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on UMDD is -0.0813%. This is the percent change in the value of UMDD over the most recent 1-month period. The 3-month return on UMDD is -0.0593%. This is the percent change in the value of UMDD over the most recent 3-month period.

The standard deviation of UMDD for the past year is 0.5982%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to UMDD include MYY, MVV, and MZZ.

ETFs correlated to UMDD include IJH, SPMD, and IVOO.

ETFs that are inversely correlated to UMDD include TZA, RWM, and TWM.

Yes, UMDD is a Leveraged (3x) ETF: This means that UMDD will try to match the performance of S&P Midcap 400 Index, but with 3x the returns.

No, UMDD is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.