Summary
ProShares - Ultra MidCap400 is an ETF - a fund traded on an exchange like a stock - run by ProShares. Positions inside: 410. The ten largest make up 25% of the fund.
- Yearly costs
- 1.01%
- Fund size
- $143.6M
- Positions
- 410
- Dividend yield
- 0.66%
- Running since
- 2006
What speaks for it
- Widely spread: the ten largest positions make up only 25% of the fund.
- Average yearly growth over the last ten years: 12%.
- It has been running since 2006.
What to watch
- Costs of 1.01% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 46% from its high.
- It trades little: only about $739.1K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -2.2%
- 3 months
- -9.7%
- This year
- +14%
- 1 year
- +13%
- 3 years
- +91%
- 5 years
- +15%
- 10 years
- +203%
- Avg. market cap
- $19.3B
- P/E
- 23.7x
- Forward P/E
- 18.7x
- P/S
- 1.8x
- P/B
- 3.6x
- P/FCF
- 16.7x
- EV/EBITDA
- 16.5x
- Dividend yield
- 0.59%
- ROIC
- 11.5%
- ROE
- 19.7%
- Gross margin
- 47.2%
- Operating margin
- -392.0%
- Net margin
- -66.6%
- Payout ratio
- 14.0%
- Net debt/EBITDA
- 1.4x
- Beta
- 2.04
Weighted average of the 50 largest companies, which make up 21% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 Net Other Assets (Liabilities) 17%
- 2 IQProShares - GENIUS Money Market ETF IQMM 3.4%
- 3 OKOkta OKTA 0.8%
- 4 FTTechnipFMC plc FTI 0.6%
- 5 UTUnited Therapeutics UTHR 0.6%
- 6 USUS Foods Holding Corp. USFD 0.5%
- 7 XPXPO Logistics XPO 0.5%
- 8 ATAllegheny Technologies ATI 0.5%
- 9 THTenet Healthcare THC 0.5%
- 10 RSReliance Steel & Aluminum Co. RS 0.5%
Positions in the fund: 410. The ten largest make up 25% of it.
Composition as of Oct 23, 2026.
Where is it spread?
Spread outBy sector
- Industrials 22%
- Technology 18%
- Financials 14%
- Healthcare 10%
- Consumer cyclical 10%
- Other 26%
By country
- United States 78%
- United Kingdom 1.3%
- Bermuda 0.6%
- Cayman Islands 0.3%
- Other countries 19%
By company size
- Large cap 54%
- Mid cap 46%
- Small cap 0.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 79% of the fund.
Largest sector: Industrials (22%). Largest country: United States (78%). Largest size group: Large cap (54%).
What does it cost me?
Expensive- A year from $10,000
- $101
- Over 20 years
- $4,664
From every $10,000 invested the fund takes $101 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,664.
How has it done?
Growing over the long run- A year on average, 10 years
- +12%
- Deepest drop
- -46%
- Yearly volatility
- 30%
Average yearly growth over the last ten years: 12%. Deepest drop in these years: 46% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.66%
- Payments a year
- 4
- Last payment
- $0.09
Over the last 12 months it paid $0.53 per share, which is 0.66% of today's price. The last payment was $0.09 on Sep 23, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $739.1K
- Shares a day
- 9.3K
On an average day about $739.1K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 23.7
- Average Bulios Score
- 63 out of 100
Weight by Bulios Fair Price
- Undervalued 12%
- Fairly valued 24%
- Overvalued 64%
On average the companies inside trade for 23.7 times their yearly profit. By Fair Price, 64% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 21% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
MD MDY State Street SPDR S&P MIDCAP 400 ETF Trust | United States | 0.23% | $25.6B | +9.6% | Pays out | 79% |
IJ IJH iShares Core S&P Mid-Cap ETF | United States | 0.05% | $121.3B | +9.7% | Pays out | 79% |
PT PTMC Pacer Trendpilot US Mid Cap ETF | United States | 0.60% | $365.0M | +8.5% | Pays out | 79% |
SP SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF | United States | 0.03% | $18.3B | +9.6% | Pays out | 79% |
IJ IJH.AX iShares S&P Mid-Cap ETF | Australia | 0.07% | $340.2M | +2.1% | Pays out | 79% |
XM XMH.TO iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged) | Canada | 0.16% | $259.8M | +7.4% | Pays out | 79% |