MZZProShares UltraShort MidCap400
MZZ Fund Description
MZZ provides -2x exposure to a market-cap-weighted index of 400 US midcap companies.
MZZ Factset Analytics Insight
MZZ provides daily geared inverse (-2x) exposure to the S&P MidCap 400 Index. The underlying index is market-cap-weighted, comprises 400 US midcap companies in a variety of sectors, and factors in criteria such as liquidity, price, market capitalization and financial viability. It’s a leveraged version of MYY, which seeks -1x exposure to the same index. As a levered product, MZZ 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.
MZZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MZZ. MZZ is rated a N/A out of 5.