UltraShort MidCap400
ProShares UltraShort MidCap400 seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P MidCap 400 Index.
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Index/Benchmark Summary
The S&P MidCap 400 Index is a widely used measure of mid-size company U.S. stock market performance. Companies are selected for inclusion in the Index by Standard & Poor's based on adequate liquidity, appropriate market capitalization, financial viability and public float.
As of 3/31/12
Fundamentals
| Total Number of Companies |
Price/Earnings Ratio |
Price/Book Ratio |
Dividend Yield * (%) |
Average Index Market Capitalization |
|---|---|---|---|---|
| 400 | 19.03 | 2.12 | 1.35 | $3.11 billion |
* Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.
| Top 10 Index Companies ‡ | Weight |
|---|---|
| Monster Beverage Corp. | 0.79% |
| Regeneron Pharmaceuticals Inc. | 0.75% |
| Vertex Pharmaceuticals Inc. | 0.73% |
| Kansas City Southern | 0.66% |
| AMETEK Inc. | 0.66% |
| Macerich Co. | 0.64% |
| Equinix Inc. | 0.62% |
| Church & Dwight Co. Inc. | 0.59% |
| Fossil Inc. | 0.58% |
| Henry Schein Inc. | 0.57% |
‡ ProShares may invest in financial instruments (including derivatives) that, in combination, should have similar daily price return characteristics to the fund's benchmark.
| Index Sector Weightings § | Weight |
|---|---|
| Financial | 20.30% |
| Industrial | 19.22% |
| Consumer, Non-Cyclical | 18.55% |
| Consumer, Cyclical | 13.22% |
| Technology | 9.39% |
| Energy | 5.45% |
| Utilities | 5.06% |
| Communications | 4.67% |
| Basic Materials | 4.15% |
§ Sum of weightings may not equal 100% due to rounding.