ProShares Ultra MidCap400
Company Overview
ProShares Ultra MidCap400 is a leveraged exchange-traded fund (ETF) that seeks daily investment results that correspond to two times (2x) the daily performance of the S&P MidCap 400 Index. The fund invests in financial instruments that ProShares Advisors believes should produce daily returns consistent with the fund's investment objective.
The fund primarily invests in derivatives such as swap agreements, futures contracts, options on futures contracts, and other financial instruments to generate its leveraged returns. This fund is designed for sophisticated investors who understand the risks of leveraged investing and intend to actively monitor their investments.
Use of Interest
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Company Impact
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