MYY vs SMDD
ProShares Short MidCap400 vs UltraPro Short MidCap400
Which is better, MYY or SMDD?
MYY has been ahead.
MYY led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MYY | SMDD |
|---|---|---|
| Expense Ratio | 0.95%Tie | 0.95%Tie |
| AUM | $3M | $2M |
| Dividend Yield | 4.27% | 5.65% |
| Holdings | 10 | 5 |
| YTD Return | -6.94%Best | -25.82% |
| 1Y Return | -8.92%Best | -32.61% |
| 3Y Return (annualized) | -9.94%Best | -37.30% |
| 5Y Return (annualized) | -5.61%Best | -28.75% |
| Volatility (annualized) | 16.6%Best | 52.3% |
| Max Drawdown | -90.6% | - |
| $10,000 over 5 years | $7,493Best | $1,836 |
| Fund Family | ProShares | ProShares |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Jun 19, 2006 | Feb 9, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 11, 2010 to Oct 9, 2026 (16.7 years).
MYY vs SMDD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16.7 years both funds cover.
MYY vs SMDD Performance
ProShares Short MidCap400 (MYY) is an ETF from ProShares and UltraPro Short MidCap400 (SMDD) is an ETF from ProShares. Over the past year MYY returned -8.92% while SMDD returned -32.61%. Year to date, MYY is down 6.94% versus a loss of 25.82% for SMDD.
Over three years, MYY compounded at -9.94% per year against -37.30% for SMDD; over five years the annualized figures are -5.61% and -28.75% respectively. Across the full 17-year window we track, MYY has the edge at -12.84% annualized vs -39.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMDD has been the more volatile fund, with annualized monthly volatility of 52.3% compared with 16.6% for MYY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MYY charges 0.95% per year while SMDD charges 0.95%. On a $10,000 position that is $95 vs $95 annually. On income, MYY currently yields 4.27% against 5.65% for SMDD.
You are not choosing between two funds in isolation.
Whichever of MYY and SMDD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MYY or SMDD?
MYY has an expense ratio of 0.95% while SMDD charges 0.95%. At the precision these are quoted to, they cost the same.
Which performed better, MYY or SMDD?
Over the past year MYY returned -8.92% vs -32.61% for SMDD, so MYY leads on 1-year performance. Over the longest common window we track (17 years), MYY annualized -12.84% vs -39.40% for SMDD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MYY or SMDD?
SMDD has been the more volatile fund at 52.3% annualized versus 16.6% for MYY.
Should I hold both MYY and SMDD?
MYY and SMDD have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MYY or SMDD?
MYY yields 4.27% while SMDD yields 5.65%, so SMDD currently pays the higher dividend yield.
Is SMDD better than MYY?
MYY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.