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Upturn AI Summary
ProShares Ultra MidCap400(MVV)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for MVV
11/06/2026: MVV (2-star) is currently NOT-A-BUY. Pass it for now.
ProShares Ultra MidCap400 (MVV) is a leveraged ETF designed to deliver twice the daily return of the S&P MidCap 400 Index. It is best utilized as a tactical tool for active traders looking to amplify short-term directional bets on mid-cap stocks. Key strengths include its high liquidity and the expertise of ProShares in managing complex leveraged products. However, investors must be aware of significant risks, primarily compounding decay during volatile market periods and the magnification of losses. It is not designed for long-term holding and requires active monitoring to manage its inherent volatility and tracking risks.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While it offers growth exposure, the daily leverage resets make it unsuitable for long-term growth strategies. |
| Momentum investor | Strong fit while signal remains positive | Momentum traders can utilize the 2x leverage to amplify gains during confirmed uptrends. |
| Value investor | Weak fit | The daily leverage mechanism is counterproductive to the long-term holding horizon typically favored by value investors. |
| Dividend/Income investor | Weak fit | Leveraged ETFs are trading tools and do not serve as efficient vehicles for steady income generation. |
| Low-risk investor | Weak fit | The high volatility and daily leverage reset process are fundamentally incompatible with low-risk objectives. |
Investor Profile
Ideal Investor Profile
The ideal investor is a sophisticated, active trader with a high risk tolerance who intends to hold the position for a short duration, typically one day.
Suitability
MVV is strictly for active traders; it is not suitable for passive index followers or long-term investors.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The 2x leverage multiplier significantly amplifies daily price fluctuations. |
| Market risk | High | Investors are exposed to the full price risk of the underlying mid-cap index, compounded by leverage. |
| Concentration | Medium | The fund is concentrated in U.S. mid-cap equities as defined by the S&P MidCap 400. |
| Tracking/expense | Medium | Daily rebalancing and derivative costs lead to tracking error relative to a simple 2x static multiplier. |
| Liquidity | Medium | While liquid, the derivatives used can occasionally face liquidity constraints during extreme market stress. |
| Business/sector quality | Medium | Performance relies on the health of the 400 mid-cap companies within the index. |
Risk Analysis
Volatility
MVV exhibits significantly higher volatility than its underlying index due to the 2x leverage, making it unsuitable for risk-averse portfolios.
Market Risk
The fund is fully exposed to the directional risk of the mid-cap equity market, where losses are also magnified by the 2x factor.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | S&P MidCap 400 Index (seeks 2x daily return) | 98 | This represents the primary exposure to mid-sized U.S. companies, magnified by a factor of 2x for daily price movements. |
| Cash/collateral | Cash and Cash Equivalents | 2 | Liquidity held to support derivative contract margin requirements. |
Analysis of Past Performance
Type ETF | Historic Profit 12.38% | Avg. Invested days 64 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/06/2026 |
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