ProShares UltraShort Consumer Discretionary
DThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$15.60−0.06 (−0.35%)
- 4.44%
- $3M
- +1.5%
- 2.61%
- 0M sh
- $15.65
- low $13.12high $18.30
The ETF.net SCC Grade
D
Score 37 out of 100
- 36 of 54
Score 37 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 37
- This cap took
- −0
- Published Score
- 37
Cost
The fund’s net expense ratio, ranked against its category.F19 out of 100Rank 44 of 54Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C53 out of 100Rank 21 of 53Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B56 out of 100Rank 21 of 54Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C44 out of 100Rank 32 of 54
Our read on SCC
DRetailers, restaurants, carmakers, homebuilders: SCC aims to deliver negative two times the daily move of the S&P Consumer Discretionary Select Sector Index. A 2007-vintage trading tool built for days, not years, and priced like one.
The fund seeks daily investment results, before fees and expenses, equal to negative two times the daily performance of the S&P Consumer Discretionary Select Sector Index.
Why people hold it
- Sector-specific, not market-wide: it aims for negative two times the daily move of the S&P Consumer Discretionary Select Sector Index, with no margin account or stock borrow needed.proshares.com
- Trading since 2007, which means it has been through the housing bust, the pandemic and every consumer scare since. Long tenure for a geared sector short.
- Exposure resets each day rather than riding as an open short, and as a fund share the most at stake is the amount invested.proshares.com
Worth knowing
- The fee is the headline trade-off: 4.44% a year, several times the typical leveraged or inverse fund. Hold it for weeks and that cost compounds against you.
- Daily reset means multi-day results will not match negative two times the multi-day index move. Choppy tape can pull results away from the stated multiple.proshares.com
- Small asset base and light trading, so spreads can widen. Limit orders matter more here than in a headline index fund.
SCC Holdings
- Stocks
- 1
- 100%
- Net Other Assets (Liabilities)
SCC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SCC$10,148
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SCC |
|---|---|
| Year to date | +10.9% |
| 1 month | +1.3% |
| 3 months | +8.8% |
| 1 year | +1.5% |
| 3 years | −23.2% |
| 5 years | −14.5% |
| 10 years | −25.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SCC |
|---|---|---|
| 2026 YTD | +10.9% | |
| 2025 | −19.0% | |
| 2024 | −37.2% | |
| 2023 | −46.5% | |
| 2022 | +63.6% | |
| 2021 | −25.8% | |
| 2020 | −54.8% |
SCC in the news
SCC Dividends
- 2.61%
- $0.41
- $0.11 per share
- Quarterly
Distribution history
SCC Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 34.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.66
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −78.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −2.25
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SCC Cost
4.44%
SCC4.44%
- The middle half of Leveraged Inverse (2x & Other) funds
- Median 1.44%
42 of the 53 Leveraged Inverse (2x & Other) funds charge less.
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- DSSGProShares UltraShort SemiconductorsExpense ratio 1.97%1 year return −69.1%
- DEWVProShares UltraShort MSCI JapanExpense ratio 2.51%1 year return −42.8%