ProShares - UltraShort Consumer Staples
$21.39−0.70 (−3.16%)
- Expense ratio
- 12.07%
- Fund size
- $5M
- 1Y return
- −11.5%
- Yield · Last 12 months
- 2.64%
- Holdings
- 5
- Volume · 30D
- 0M sh
- NAV per share
- $22.31
- 52W range
The ETF.net SZK Grade
Score 22 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 0Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 21Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 47Category rank
Our read on SZK
FThe rare leveraged short on the market's safety blanket: SZK aims for -2x the daily move of the consumer staples index, a tactical trade against soap, soda and groceries. Running since 2007, with a steep price of admission.
The fund seeks inverse exposure to the daily performance of the consumer staples sector, aiming to profit when that sector declines.
Why people hold it
- Aims for -2x the daily move of the S&P Consumer Staples Select Sector Index, one of the few ETF routes to a bearish sector view without a margin account or borrowing shares.proshares.com
- The mandate is plain: inverse exposure to a single named sector index, with the leverage multiple and daily reset spelled out in the fund's own documents.proshares.com
- Live since 2007, so the mechanics have run through crashes, melt-ups and long grinding stretches, not just a backtest.
Worth knowing
- Cost is the headline: a double-digit expense ratio, roughly ten times what the typical leveraged or inverse fund charges.
- The daily reset compounds. Hold longer than a day and results can drift well away from -2x the period's move, most of all in choppy markets.proshares.com
- Small asset base and light trading, which usually means wider bid-ask spreads and more care on order entry than the household-name inverse funds.
SZK Holdings
- Stocks
- 5
- 100%
- Net Other Assets (Liabilities)
SZK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | SZK |
|---|---|
| Year to date | −13.0% |
| 1 month | +7.4% |
| 3 months | −1.3% |
| 1 year | −11.5% |
| 3 years | −8.5% |
| 5 years | −3.4% |
| 10 years | −15.9% |
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 | SZK |
|---|---|---|
| 2026 YTD | −13.0% | |
| 2025 | +3.4% | |
| 2024 | −11.3% | |
| 2023 | −3.1% | |
| 2022 | +46.3% | |
| 2021 | −37.8% | |
| 2020 | −58.2% |
SZK in the news
ETF.net Research hasn’t filed on SZK yet — coverage lands here as it’s written.
SZK Dividends
- 2.64%
- $0.59
- $0.13 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 30, 2026 | $0.13 |
| Mar 25, 2026 | Mar 31, 2026 | $0.05 |
| Dec 24, 2025 | Dec 31, 2025 | $0.21 |
| Sep 24, 2025 | Sep 30, 2025 | $0.20 |
| Jun 25, 2025 | Jul 1, 2025 | $0.15 |
| Mar 26, 2025 | Apr 1, 2025 | $0.19 |
| Dec 23, 2024 | Dec 31, 2024 | $0.37 |
| Sep 25, 2024 | Oct 2, 2024 | $0.25 |
| Jun 26, 2024 | Jul 3, 2024 | $0.52 |
| Mar 20, 2024 | Mar 27, 2024 | $0.33 |
| Dec 20, 2023 | Dec 28, 2023 | $0.36 |
| Sep 20, 2023 | Sep 27, 2023 | $0.39 |
SZK 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.
- 24.0%
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.
- −0.42
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.
- −41.8%
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.
- −0.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SZK Cost
- The middle half of Leveraged Inverse (2x & Other) funds
- Median 1.44%
Every other Leveraged Inverse (2x & Other) fund charges less.