ProShares Short S&P MidCap 400 ETF (Ticker: MYY) is designed for investors seeking to capitalize on downward movements in the U.S. mid-cap market. This innovative financial instrument provides an efficient way to hedge against or speculate on the declines within the mid-cap sector, a pivotal segment of the broader equity market known for its blend of growth potential and relative stability compared to small-cap stocks. MYY focuses specifically on the S&P MidCap 400 Index, offering inverse exposure to this benchmark, which comprises 400 mid-sized companies representing a diverse range of industries. As a member of the Size and Style category, MYY stands out by catering to investors with a strategic interest in mid-cap stocks within the broad-based niche, enabling them to navigate market volatility and enhance their portfolio's risk management strategy. Whether used as a tactical short-term investment or a longer-term hedging tool, ProShares Short S&P MidCap 400 ETF provides a compelling option for sophisticated investors aiming to achieve targeted exposure to mid-cap market dynamics.
ProShares Short S&P Mid Cap400 (MYY) Fund Flow Chart
ProShares Short S&P Mid Cap400 (MYY) 1 year Net Flows: -377K
MYY ETF FAQ
What was MYY’s price range in the past 12 months?
MYY lowest ETF price was 17.56 and its highest was 21.39 in the past 12 months.
What is the AUM of MYY?
As of Feb 19, 2025 The AUM of MYY is 4.97M.
Is MYY overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does MYY pay dividends?
MYY pays a Quarterly dividend of 0.266 which represents an annual dividend yield of 5.02%. See more information on MYY dividends here
How many shares outstanding does MYY have?
MYY has 268,667 shares outstanding.
Which hedge fund is a major shareholder of MYY?
Currently, no hedge funds are holding shares in MYY