SMDD
-2.68 · -19.91%
$10.76 · NYSE ARCA

ProShares UltraPro Short MidCap400 (SMDD) ETF Analysis | Trading--Inverse Equity

ProShares · United States
AUM:$1.9M
#– of – in Trading--Inverse Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 44.3% over the past year, indicating meaningful price weakness.

Cost Efficiency

Ongoing charge of 0.95% — above average for this category.

What is SMDD?

The index is designed to measure the performance of mid-cap companies listed and domiciled in the U. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
SMDD returned -44.3% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 0.95% is above average. Verify whether the strategy justifies the cost.
Broadly Diversified
Top 10 holdings represent just 3.1% of the ETF — exposure spread across many positions.
ETF Information
AUM$1.9M
Expense Ratio0.95%
Dividend Yield5.57%
Holdings1
Inception DateFeb 2010
DomicileUnited States
DistributionNA
Index–
ProviderProShares
Beta-3.27
CategoryTrading--Inverse Equity
CurrencyUSD
Portfolio Impact

How would SMDD affect your portfolio?

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-18.7%
1Y
-38.0%
3Y
-73.4%
5Y
-81.7%
OpenBook InsightIf you had invested £10,000 in SMDD 5 years ago, it would have fallen to £1,828 — a loss of £8,172.

Annual Returns

Calendar year performance

SMDD delivered positive returns in 1 of the last 5 calendar years.
YearSMDD
2026 YTD-33.2%
2025-27.8%
2024-31.9%
2023-39.0%
2022+8.5%
CAGR 4yr-24.5%
1/5 positive yearsAvg return: -24.7%Worst year: -39.0% (2023)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
37.1%
High
Momentum
-2.8%
30-day change
Support Level
7.09
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.