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Upturn AI SWOT - About
ProShares Ultra MidCap400 (MVV)
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Upturn Advisory Summary
03/27/2025: MVV (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -22.75% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Volume (30-day avg) 25175 | Beta 2.22 | 52 Weeks Range 55.62 - 81.67 | Updated Date 03/28/2025 |
52 Weeks Range 55.62 - 81.67 | Updated Date 03/28/2025 |
Upturn AI SWOT
ProShares Ultra MidCap400
ETF Overview
Overview
ProShares Ultra MidCap400 (MVV) seeks daily investment results, before fees and expenses, that correspond to twice (2x) the daily performance of the S&P MidCap 400 Index. It provides leveraged exposure to mid-cap stocks, offering potential for amplified gains but also magnified losses.
Reputation and Reliability
ProShares is a well-known issuer of leveraged and inverse ETFs, generally considered reliable but complex investment products.
Management Expertise
ProShares has experience managing leveraged ETFs, requiring expertise in derivatives and daily rebalancing.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, that correspond to twice (2x) the daily performance of the S&P MidCap 400 Index.
Investment Approach and Strategy
Strategy: Tracks the S&P MidCap 400 Index with 2x daily leverage.
Composition Primarily invests in financial instruments (derivatives) to achieve its leveraged exposure to the S&P MidCap 400 Index.
Market Position
Market Share: Difficult to accurately assess market share due to its leveraged nature and the presence of other mid-cap and leveraged ETFs.
Total Net Assets (AUM): 72870557
Competitors
Key Competitors
- ProShares UltraPro MidCap400 (UMDD)
- Direxion Daily Mid Cap Bull 3X Shares (MIDU)
- SPDR S&P MidCap 400 ETF Trust (MDY)
Competitive Landscape
The competitive landscape includes other leveraged mid-cap ETFs and standard mid-cap ETFs. MVV offers 2x leverage, making it riskier but potentially more rewarding than unleveraged options like MDY. UMDD and MIDU offer alternative leverage levels.
Financial Performance
Historical Performance: Highly volatile due to its leveraged nature; performance strongly tied to the S&P MidCap 400's daily moves.
Benchmark Comparison: Aims to deliver twice the daily performance of the S&P MidCap 400 Index, but tracking error and compounding effects can cause deviations over longer periods.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
The ETF's average trading volume is moderate, which can impact the ease of buying or selling shares.
Bid-Ask Spread
The bid-ask spread can fluctuate depending on market conditions and trading volume, potentially adding to trading costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rate changes, and sector performance within the mid-cap space significantly affect MVV.
Growth Trajectory
Growth trajectory is dependent on the continued upward trend of the S&P MidCap 400 index, the market outlook for mid-cap stocks and investor's risk appetite.
Moat and Competitive Advantages
Competitive Edge
MVV's advantage lies in its provision of 2x leveraged exposure to the S&P MidCap 400, attracting investors seeking amplified returns. However, this leverage also presents a significant disadvantage due to the increased risk of amplified losses. Daily rebalancing and compounding effects can lead to performance deviations from the stated objective over time. The ETF is appropriate for sophisticated investors with a high-risk tolerance and a short-term investment horizon.
Risk Analysis
Volatility
Very high volatility due to 2x leverage; susceptible to significant price swings.
Market Risk
Exposure to market risk associated with mid-cap stocks, amplified by leverage.
Investor Profile
Ideal Investor Profile
Sophisticated investors with a high-risk tolerance seeking short-term tactical exposure to mid-cap stocks.
Market Risk
Best for active traders with a short-term investment horizon; unsuitable for long-term investors due to compounding effects and volatility.
Summary
ProShares Ultra MidCap400 (MVV) offers 2x leveraged exposure to the S&P MidCap 400 Index, appealing to investors seeking amplified daily returns. However, its high volatility and daily rebalancing make it unsuitable for long-term investments. The ETF is best suited for experienced traders with a short-term focus and a strong understanding of leveraged products. The potential for significant losses should be carefully considered before investing. It is crucial to understand that its performance can deviate significantly from the underlying index over longer periods due to compounding effects.
Similar Companies
- UMDD
- MIDU
- MDY
- IJH
- IWR
Sources and Disclaimers
Data Sources:
- ProShares website
- SEC filings
- ETF.com
- Morningstar
Disclaimers:
Data is for informational purposes only and not financial advice. Investment decisions should be based on individual circumstances and professional advice. Leveraged ETFs are high-risk investments and may not be suitable for all investors.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares Ultra MidCap400
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is a float-adjusted, market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.
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