ProShares Short MidCap400 (MYY) Performance

NYSE Arca: MYYTotal returns, calendar years, drawdowns and risk since 2006.

MYY total return

Distributions reinvested · as of Oct 23, 2026
YTD
−6.5%
since Dec 31, 2025
1 year
−6.7%
total return
5 years
−4.1%
a year
10 years
−10.4%
a year
Since first price
−11.2%
a year since 2006

MYY trailing returns vs SPY, QQQ, AGG

MYY trailing returns
PeriodMYY total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month+1.5%+1.5%−1.0%−5.0%+0.9%
3 months+5.3%+4.5%+3.2%+1.9%−0.4%
6 months+2.0%+0.4%+7.8%+8.4%−1.5%
YTD−6.5%−8.6%+12.3%+15.1%−1.0%
1 year−6.7%−9.7%+14.4%+15.9%−1.1%
3 years−28.6%−10.6%/yr−37.3%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years−19.1%−4.1%/yr−31.2%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
10 years−66.5%−10.4%/yr−72.0%+315.9%+15.3%/yr+538.9%+20.4%/yr+14.0%+1.3%/yr
15 years−85.1%−11.9%/yr−87.6%+696.0%+14.8%/yr+1,299.3%+19.2%/yr+32.2%+1.9%/yr
20 years−90.8%−11.3%/yr−94.0%+696.9%+10.9%/yr+1,839.9%+16.0%/yr+79.6%+3.0%/yr
Since inceptionJun 21, 2006−91.2%−11.2%/yr−94.2%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: MYY vs SPY

MYYS&P 500 (SPY)

From Jun 21, 2006: MYY grew to $883, SPY to $88,014.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

MYY returns by calendar year

MYYSPY

3 of 19 full years positive. Best 2008 (+34.0%), worst 2009 (−35.1%). 2026 is year to date.

MYY annual returns table

MYY calendar-year returns
YearMYYLargest dropSPYQQQAGG
2026YTD−6.5%−15.5%+12.3%+15.1%−1.0%
2025−4.1%−23.6%+17.7%+20.8%+7.2%
2024−7.1%−17.8%+24.9%+25.6%+1.3%
2023−9.5%−16.8%+26.2%+54.9%+5.7%
2022+10.2%−17.0%−18.2%−32.6%−13.0%
2021−23.0%−25.5%+28.7%+27.4%−1.8%
2020−25.9%−52.8%+18.3%+48.6%+7.5%
2019−20.0%−21.6%+31.2%+39.0%+8.5%
2018+12.7%−11.9%−4.6%−0.1%+0.1%
2017−14.6%−14.3%+21.7%+32.7%+3.6%
2016−19.3%−29.7%+12.0%+7.1%+2.4%
2015−0.8%−10.3%+1.2%+9.4%+0.5%
2014−11.3%−17.1%+13.5%+19.2%+6.0%
2013−27.1%−25.1%+32.3%+36.6%−2.0%
2012−17.8%−17.9%+16.0%+18.1%+3.8%
2011−6.9%−19.6%+1.9%+3.4%+7.7%
2010−25.4%−28.7%+15.1%+19.9%+6.4%
2009−35.1%−50.1%+26.4%+54.7%+3.0%
2008+34.0%−26.0%−36.8%−41.7%+7.9%
2007−1.4%−11.5%+5.1%+19.0%+6.6%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

MYY largest drawdowns

Now 94.8% below the high
MYY largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Nov 20, 2008−95.3%Aug 14, 2026not yet17.7 years17.9 years so far
Oct 27, 2008−18.6%Nov 4, 2008Nov 19, 20088 days23 days
Jul 21, 2006−18.4%Jun 4, 2007Jan 17, 200810 months1.5 years
Mar 10, 2008−17.2%Jun 5, 2008Sep 29, 20083 months7 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

MYY risk statistics

MYY risk statistics
Statistic3 years5 years10 yearsSince 2006
Annualized return−8.9%−5.3%−10.2%−11.2%
Volatility (annualized)15.4%18.0%18.1%17.6%
Sharpe ratio-0.81-0.41-0.63-0.66
Sortino ratio-0.99-0.54-0.81-0.85
Best month+8.2%+9.9%+14.0%+21.2%
Worst month−7.9%−10.1%−14.6%−14.6%
Best 12 months+8.2%+12.1%+18.2%+47.7%
Worst 12 months−20.8%−20.8%−50.3%−50.3%
Positive months44%48%39%37%
Beta vs S&P 500-0.97-0.99-1.05—
Correlation with S&P 500-0.79-0.87-0.89—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

MYY rolling returns

MYY rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year233−50.3%−11.3%+47.7%21%
3-year (a year)209−29.7%−12.0%+3.0%1%
5-year (a year)185−25.7%−12.6%−3.3%0%
10-year (a year)125−17.9%−12.9%−9.4%0%

Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.

MYY performance overview

ProShares Short MidCap400 (MYY) returned −6.7% over the past year and −10.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned −11.2% a year, turning $10,000 into about $883. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −95.3%, from Nov 20, 2008 to Aug 14, 2026; the fund has not yet regained that high. MYY finished 3 of its 19 full calendar years with a gain; the best year was 2008 (+34.0%) and the worst 2009 (−35.1%). Volatility has been 17.6% a year.

Related: MYY chart, MYY dividends. See the MYY overview for the latest quote and fund facts.

MYY performance FAQ

What is the MYY return over the past year?

MYY returned −6.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 9.7%.

What is the average annual return of MYY?

MYY has returned −4.1% a year over 5 years, −10.4% a year over 10 years, −11.2% a year since June 21, 2006 (total return, distributions reinvested).

How much would $10,000 invested in MYY be worth?

$10,000 invested in MYY at its first recorded close on June 21, 2006 would be worth about $883 on October 23, 2026 with distributions reinvested.

What was the worst year for MYY?

The worst calendar year was 2009, with a total return of −35.1%. The best was 2008 at +34.0%.

What is the biggest drawdown of MYY?

The largest peak-to-trough decline was −95.3% between November 20, 2008 and August 14, 2026. It has not yet recovered to that high; it is 94.8% below its peak.

How volatile is MYY?

Over the past 3 years MYY had an annualized volatility of 15.4% and a Sharpe ratio of -0.81 (excess return over 1–3 month T-bills per unit of risk).