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DOG vs SZK

ProShares Short Dow30

DOGBNYSE Arca

ProShares UltraShort Consumer Staples

SZKCNYSE Arca

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

DOG0.95%SZK0.95%

Avg volume · 30D

DOG 995.8×the volume

DOG4.77MSZK4.79K

10Y return · a year

DOG +6.6pt

DOG−10.9%SZK−17.5%

DOG vs SZK Performance

Oct 29, 2021 – Oct 30, 2026

−20.7%DOG−11.1%SZK

Oct 29, 2021 to Oct 30, 2026. DOG −20.7%. SZK −11.1%. Use the arrow keys to read each point.0%20%40%Oct 2021Apr 2024Oct 2026
Expense ratio
DOG 0.95%
SZK 0.95%
Fund size
DOG $115M
SZK $1M
1Y total return
DOG −4.9%, better
SZK −28.6%
Yield (12M)
DOG 3.15%
SZK 6.68%, better
Holdings
DOG 3
SZK 1
Avg volume (30D)
DOG 4.77M sh, better
SZK 4.79K sh
NAV per share
DOG $22.02
SZK $18.17
52W range

ETF.net Grade

DOG: Cost 50, Risk 65, Mission 97, Tradability 94, Holdings 43, Durability 69. SZK: Cost 50, Risk 51, Mission not scored, Tradability 27, Holdings not scored, Durability 35.
Pillar letters and Scores for DOG, SZK, with each pillar’s weight
PillarDOGSZK
Cost30% weightC50C50
Mission25% weightA97Not scored
Risk15% weightB65HigherC51
Tradability15% weightA94HigherD27
Holdings10% weightC43Not scored
Durability5% weightB69HigherD35

Rank among Leveraged Inverse (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DOG and SZK are both graded against the same 53 Leveraged Inverse (2x & Other) funds, so their Grades compare head to head.

Leveraged Inverse (2x & Other)⁠

Category · 53 funds
See all 53 ›

DOG ranks 1st and SZK 32nd of 53 funds in the Leveraged Inverse (2x & Other) Category.

  1. Rank 1BDOGProShares Short Dow30Score 65
  2. Rank 1BSVXYProShares Short VIX Short-Term Futures ETFScore 65
  3. Rank 32CSMNProShares UltraShort MaterialsScore 40
  4. Rank 32CSZKProShares UltraShort Consumer StaplesScore 40
  5. Rank 32CYXIProShares Short FTSE China 50Score 40

Our read on each fund

ETF.net Research

DOGBProShares Short Dow30

SZKCProShares UltraShort Consumer Staples

In short

DOG The plain-vanilla short on the Dow: DOG aims to deliver the inverse of the index's move each day, with no 2x or 3x bolted on. Running since 2006, and ProShares bills it as the only -1x ETF built on the Dow.

SZK The only -2x ETF pointed at a falling consumer staples sector, per ProShares, and it has held that slot since 2007. Soup, soap and razor blades, geared and flipped, reset every single day.

Stated mandate

DOG DOG seeks daily investment results, before fees and expenses, that correspond to the inverse of the Dow Jones Industrial Average's daily performance.

SZK 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

  • DOG 0.95% net of a waiver through September 30, 2027 (1.00% gross), which sits near the typical fee among leveraged and inverse funds.
  • Sticks close to its daily inverse target, one of the tighter implementations in its peer group.proshares.com
  • Actively traded for an inverse fund, so getting in and back out is rarely the hard part.
  • Live since 2006, so the mechanism has run through the financial crisis, 2020 and every tape since.
  • SZK ProShares calls it the only -2x ETF designed to gain when the consumer staples sector falls on a given day. No crowd of copycats to compare it against.proshares.com
  • 0.95% net of a waiver through September 30, 2027, against 5.15% gross. Same net sticker as ProShares' big shorts DOG, PSQ and RWM, each 0.95% net of waivers to that same date.proshares.com
  • Trading since 2007, so the record spans the financial crisis and the 2020 crash. Inverse exposure arrives through one ticker in a brokerage account, no borrow to locate.proshares.com

Worth knowing

  • DOG The target resets every day. Hold longer than a day and the result depends on the path the Dow takes, not just its direction.proshares.com
  • If the waiver lapses after September 30, 2027, the fee steps up toward the 1.00% gross figure.
  • The Dow is 30 price-weighted names, so this is a short on a narrow, old-school slice of the market rather than the broad tape.proshares.com
  • SZK The -2x target applies to a single day. Hold longer and compounding takes over: results can land well away from -2x the index move over that stretch, especially in choppy tape.proshares.com
  • A small, thinly traded fund. The spread you cross and the order type you use carry more weight here than in the heavily traded index shorts.
  • That 0.95% rests on a contractual waiver through September 30, 2027. Gross expenses run 5.15%, the math of a small fund spreading fixed costs over few assets.proshares.com

Full DOG profile⁠

Full SZK profile⁠

DOG vs SZK Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DOG vs SZK Cost

Same expense ratio

$17,869

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DOG 0.95%

    $17,869

  • SZK 0.95%

    $17,869

$10,000
30 years

Cost over time

  • DOG 0.95%
  • SZK 0.95%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DOG $17,869SZK $17,869

Year by year

YearDOGSZK
10$1,678$1,678
20$6,322$6,322
30$17,869$17,869

Expense ratio

  • 0.95%DOG
  • 0.95%SZK
  • Middle half of Leveraged Inverse (2x & Other) funds
  • Median 0.95%

DOG 6th cheapest of 53 funds

SZK 6th cheapest of 53 funds

DOG vs SZK Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DOG 3.15%
SZK 6.68%, better
Payout (12M)
DOG $0.69
SZK $1.21
Last payment
DOG $0.17
SZK $0.83
Ex-dividend
DOG Sep 23, 2026
SZK Sep 23, 2026
Paid on
DOG Sep 29, 2026
SZK Sep 29, 2026
Frequency
DOG Quarterly
SZK Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DOGQuarterly · 26 paymentsAll DOG payments⁠
One bar per payment. 26 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.02; Mar 21, 2018 $0.06; Jun 20, 2018 $0.12; Sep 26, 2018 $0.16; Dec 26, 2018 $0.19; Mar 20, 2019 $0.17; Jun 25, 2019 $0.25; Sep 25, 2019 $0.20; Dec 24, 2019 $0.14; Mar 25, 2020 $0.06; Dec 22, 2022 $0.14; Mar 22, 2023 $0.20; Jun 21, 2023 $0.35; Sep 20, 2023 $0.39; Dec 20, 2023 $0.41; Mar 20, 2024 $0.32; Jun 26, 2024 $0.40; Sep 25, 2024 $0.36; Dec 23, 2024 $0.43; Mar 26, 2025 $0.18; Jun 25, 2025 $0.21; Sep 24, 2025 $0.21; Dec 24, 2025 $0.26; Mar 25, 2026 $0.10; Jun 24, 2026 $0.16; Sep 23, 2026 $0.17. Use the arrow keys to read each point.$0$0.502017202020232026YTD
SZKQuarterly · 23 paymentsAll SZK payments⁠
One bar per payment. 23 payments from 2017 to 2026 YTD. Jun 20, 2018 $0.12; Sep 26, 2018 $0.30; Dec 26, 2018 $0.31; Mar 20, 2019 $0.33; Jun 25, 2019 $0.43; Sep 25, 2019 $0.48; Dec 24, 2019 $0.22; Mar 25, 2020 $0.07; Mar 22, 2023 $0.05; Jun 21, 2023 $0.43; Sep 20, 2023 $0.39; Dec 20, 2023 $0.36; Mar 20, 2024 $0.33; Jun 26, 2024 $0.52; Sep 25, 2024 $0.25; Dec 23, 2024 $0.37; Mar 26, 2025 $0.19; Jun 25, 2025 $0.15; Sep 24, 2025 $0.20; Dec 24, 2025 $0.21; Mar 25, 2026 $0.05; Jun 24, 2026 $0.13; Sep 23, 2026 $0.83. Use the arrow keys to read each point.$0$0.502017202020232026YTD

DOG vs SZK Risk

Fall from peak · 5 years

  • DOG
  • SZK
Oct 29, 2021 to Oct 30, 2026. Worst fall: SZK −43.0% · Oct 2026. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
DOG 11.7%, betterSZK 25.9%
Return per unit of riskSharpe ratio, 3 years
DOG −1.21SZK −0.70, better
Worst fallMax drawdown, 5 years
DOG −37.3%, betterSZK −43.0%
Market sensitivityBeta, 5 years
DOG −0.83SZK −0.85

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