MVV Performance — ProShares Ultra MidCap400
Data updated: 2026-08-14
MVV returned +24.01% year to date and +45.85% over one year to May 2026. Annualised returns are +24.75% over 3 years and +6.30% over 5 years. The fund beat its Trading - Leveraged category average: $100 invested three years ago grew to $194, against $173 for the category, and to $146 over one year, against $137. Volatility over the past three years was 33.16% a year. In the 12 months to May 2026 the fund lost a net $25.8M, and assets reached $159.76M.
MVV Growth of $100
What $100 invested in ProShares Ultra MidCap400 grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | MVV | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $146 | $137 |
| 3 years (Jun 2023 – May 2026) | $194 | $173 |
| 5 years (Jun 2021 – May 2026) | $136 | $155 |
| Since data start (Sep 2019 – May 2026) | $238 | $181 |
MVV Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +24.01% |
| 1 year | +45.85% |
| 3 years (annualised) | +24.75% |
| 5 years (annualised) | +6.30% |
MVV Annual Returns
Calendar-year total returns of ProShares Ultra MidCap400, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +24.01% |
| 2025 | +3.53% |
| 2024 | +17.82% |
| 2023 | +22.33% |
| 2022 | −31.79% |
| 2021 | +48.39% |
| 2020 | +6.12% |
| 2019 (Sep–Dec) | +19.91% |
MVV Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +7.6% | +7.7% | −11.3% | +15.6% | +4.3% | — | — | — | — | — | — | — |
| 2025 | +7.0% | −9.1% | −11.5% | −7.0% | +10.0% | +6.6% | +2.6% | +6.1% | +0.3% | −1.7% | +3.5% | −0.5% |
| 2024 | −4.1% | +11.3% | +10.7% | −12.4% | +8.1% | −3.8% | +10.9% | −1.2% | +1.5% | −2.1% | +17.4% | −14.5% |
| 2023 | +18.4% | −4.3% | −7.4% | −2.2% | −7.1% | +18.1% | +7.7% | −6.5% | −10.9% | −11.2% | +16.6% | +17.1% |
| 2022 | −14.4% | +1.7% | +2.0% | −14.2% | +0.4% | −19.3% | +22.1% | −6.8% | −18.4% | +20.8% | +11.3% | −11.6% |
| 2021 | +2.5% | +13.6% | +8.8% | +8.9% | +0.1% | −2.4% | +0.3% | +3.7% | −8.1% | +11.8% | −6.2% | +9.8% |
| 2020 | −5.5% | −18.7% | −42.7% | +27.0% | +13.6% | +1.1% | +8.9% | +6.9% | −7.0% | +3.9% | +29.8% | +13.1% |
| 2019 | — | — | — | — | — | — | — | — | +5.8% | +1.8% | +5.7% | +5.4% |
MVV Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 33.16%
- 3-year Sharpe ratio: 0.61 (vs 4.5% risk-free rate)
- Best month: +18.05% (Jun 2023)
- Worst month: −14.47% (Dec 2024)
MVV Fund Flows
Monthly money in and out of ProShares Ultra MidCap400, from SEC Form N-PORT.
- 12-month net flow: −$25.8M
- 12-month gross sales (incl. reinvestments): $13.8M
- Sales ÷ redemptions: 0.35×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $0 | $2.0M | −$2.0M |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $1.9M | −$1.9M |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $0 | $1.8M | −$1.8M |
| Nov 2025 | $0 | $13.7M | −$13.7M |
| Oct 2025 | $0 | $3.5M | −$3.5M |
| Sep 2025 | $9.0M | $8.8M | $171K |
| Aug 2025 | $1.6M | $4.7M | −$3.1M |
| Jul 2025 | $1.7M | $1.7M | $9K |
| Jun 2025 | $1.5M | $1.5M | −$25K |
MVV Assets Under Management
Net assets of ProShares Ultra MidCap400 by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $159.76M |
| 2026-02-28 | $151.57M |
| 2025-11-30 | $135.35M |
| 2025-08-31 | $150.33M |
| 2025-05-31 | $132.87M |
| 2025-02-28 | $143.69M |
| 2024-11-30 | $178.92M |
| 2024-08-31 | $144.84M |
| 2024-05-31 | $137.64M |
| 2024-02-29 | $140.50M |
| 2023-11-30 | $132.51M |
| 2023-08-31 | $138.53M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.