DV
Dividend Vision

MZZ — ProShares UltraShort MidCap400

ProShares UltraShort MidCap400 (MZZ)

MZZ pays a 1.58% distribution rate, quarterly, on a 0.95% expense ratio. Total return is -99.8% over the past 20.1 years, 904.0 points behind SPY at 804.2%. Its deepest 1-year drawdown was 36.7%.

ProShares UltraShort MidCap400 is an ETF that seeks daily returns opposite to those of the Russell MidCap Index through inverse leveraged exposure, making it designed for traders seeking short-term bearish positioning on mid-size U.S. companies. The fund carries a high current distribution rate with quarterly distributions and has an expense ratio of 0.95%. This leveraged inverse product appeals primarily to experienced traders and those seeking tactical short exposure, rather than buy-and-hold income investors.

MZZ key facts

Issuer
ProShares
Asset type
ETF
Asset class
Equity
Inception date
07/11/2006
Expense ratio
0.95%
Distribution rate
1.58%
Distribution frequency
Quarterly
Trailing yield
6.05%
Last close
$5.57
AUM
$2,368,035
Average volume
5700.0
Last dividend
$0.0220
Ex-dividend date
06/24/2026
Payment date
06/30/2026
Beta
-1.94