ProShares UltraPro Short MidCap400 is an open-end management investment company. The Fund seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the S&P MidCap 400 Index. The S&P MidCap 400 Index is a used measure of mid-size company United States stock market performance. Companies are selected for inclusion in the Index by Standard & Poor's based on adequate liquidity, appropriate market capitalization, financial viability and public float. As of May 31 2013, the Fund's total assets and investment portfolio totaled $6,839,440 and $4,986,834, respectively. The SMDD stock yearly return is shown above.
The yearly return on the SMDD stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2015 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the SMDD annual return calculation with any dividends reinvested as applicable (on ex-dates).
|