Basic Fund Data
Fund Provider:	ProShare Advisors
Asset Class:	Equity
Fund Category:	Inverse
Ticker:	MZZ
Expense Ratio:	0.95%
Fund Category Expense Ratio Average:	0.90%
Options:	Yes
Fund Inception Date:	07-11-2006
Fund Structure:	Open-Ended
Fund Weighting Restrictions:	Non-diversified Fund Rules
Fund Tracking Method:	Full Replication
Dividend Payment Frequency:
Basic Index Data
Index Name:	S&P MidCap 400 Index (2x inverse)
Index Provider:	Standard & Poor's
No of Index Holdings:	Under 100
Explanation of Index Strategy
Security Selection Category:	Passive
Security Selection Method:	Company Size
Security Selection Frequency:	Ongoing
Index Weighting Category:	Fixed Weight
Index Weighting Method:	Leveraged Inverse x2
Index Weighting Frequency:	Daily

Market Price Return
1-Year:	-57.66%
3-Year annualized:	-14.73%
5-Year annualized:
10-Year annualized:
Annual Performance History
2009:	-52.58
2008:	48.68
2007:	-8.91%
2006:
2005:
2004:
2003:
2002:
2001:
2000:
Data as of 10/31/09

Fundamentals
Assets MM:	$49.3
P/E Ratio:
P/B Ratio:
Median Market Cap:
12-month yield:	0%
Data as of 10/31/09

Risk / 3-Year Average
Alpha:	-1.49
Beta:	-2.11
Standard Deviation:	12.58
Sharpe Ratio:	-0.4
Data as of 10/31/09

Index Snapshot:

The ProShares UltraShort MidCap400 (Ticker: MZZ) seeks daily investment results, before fees and expenses, that correspond to TWICE (200%) the INVERSE (opposite) of the daily performance of the S&P MidCap 400 Index. The index is maintained by the S&P Index Committee, a team of Standard & Poor's economists and index analysts, who meet on a regular basis. The goal of the Index Committee is to ensure that the index remains an accurate measure of midsized companies, reflecting the risk and return characteristics of the broader mid cap universe on an on-going basis. The S&P Index Committee follows a set of published guidelines for maintaining the index.