UMDDProShares UltraPro MidCap400
UMDD Fund Description
UMDD provides 3x exposure to a market-cap-weighted index of 400 midcap companies.
UMDD Factset Analytics Insight
UMDD’s investment goal is to provide 3x leveraged exposure to the S&P MidCap 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.
UMDD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UMDD. UMDD is rated a N/A out of 5.