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PSQ vs SCC

ProShares Short QQQ

PSQBNYSE Arca

ProShares UltraShort Consumer Discretionary

SCCCNYSE Arca

Overlap

Expense ratio

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

PSQ0.95%SCC0.95%

Avg volume · 30D

PSQ 904.4×the volume

PSQ13MSCC14.4K

10Y return · a year

PSQ +7.6pt

PSQ−18.0%SCC−25.6%

PSQ vs SCC Performance

Oct 29, 2021 – Oct 30, 2026

−42.7%PSQ−54.1%SCC

Oct 29, 2021 to Oct 30, 2026. PSQ −42.7%. SCC −54.1%. Use the arrow keys to read each point.−25%0%25%50%75%Oct 2021Apr 2024Oct 2026
Expense ratio
PSQ 0.95%
SCC 0.95%
Fund size
PSQ $611M
SCC $3M
1Y total return
PSQ −7.0%
SCC +5.9%, better
Yield (12M)
PSQ 3.90%, better
SCC 2.75%
Holdings
PSQ 4
SCC 1
Avg volume (30D)
PSQ 13M sh, better
SCC 14.4K sh
NAV per share
PSQ $26.64
SCC $14.83
52W range

ETF.net Grade

PSQ: Cost 50, Risk 59, Mission 98, Tradability 98, Holdings 55, Durability 72. SCC: Cost 50, Risk 53, Mission not scored, Tradability 55, Holdings not scored, Durability 45.
Pillar letters and Scores for PSQ, SCC, with each pillar’s weight
PillarPSQSCC
Cost30% weightC50C50
Mission25% weightA98Not scored
Risk15% weightB59HigherC53
Tradability15% weightA98HigherB55
Holdings10% weightB55Not scored
Durability5% weightA72HigherC45

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. PSQ and SCC 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 ›

PSQ ranks 3rd and SCC 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 3BPSQProShares Short QQQScore 64
  4. Rank 4BRWMProShares Short Russell2000Score 63
  5. Rank 32CSBBProShares Short SmallCap600Score 40
  6. Rank 32CSCCProShares UltraShort Consumer DiscretionaryScore 40
  7. Rank 32CSDPProShares UltraShort UtilitiesScore 40

Our read on each fund

ETF.net Research

PSQBProShares Short QQQ

SCCCProShares UltraShort Consumer Discretionary

In short

PSQ The plain short on the Nasdaq-100: PSQ aims for -1x the index's daily move, with no leverage multiplier bolted on. It has been running since 2006, making it one of the original one-for-one bear tools.

SCC The only -2x ETF pointed at the consumer discretionary sector, and it has been listed since 2007. SCC resets daily, so it is built as a short-horizon trading tool, at 0.95% net of a waiver through September 30, 2027.

Stated mandate

PSQ The fund is designed to provide -1x exposure to the Nasdaq-100 Index's daily price movement, seeking to benefit when that index declines.

SCC 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

  • PSQ ProShares bills it as the only -1x ETF built to profit when the Nasdaq-100's daily price falls. Sibling QID doubles the dose at -2x; PSQ stays one-for-one.proshares.com
  • 0.95% net of a waiver through September 30, 2027 (0.96% gross), near the category median and the same net fee as -2x QID, also waived through September 30, 2027.
  • Among the most actively traded funds in the bear category, and one of the closest to its stated daily target in a peer group of 50-plus funds.
  • SCC ProShares describes it as the only -2x ETF built to gain when the consumer discretionary sector falls on the day. Retail, autos and restaurants, geared short, in one ticker.proshares.com
  • 0.95% net of a waiver through September 30, 2027 (gross 2.98%), near the category median. Siblings DOG, PSQ and RWM also sit at 0.95% net, each waived through that same date.
  • Listed since 2007, a long run for a daily-reset fund, with the -2x daily objective and the S&P Consumer Discretionary Select Sector Index named plainly in the fund's own documents.proshares.com

Worth knowing

  • PSQ The -1x goal resets daily. Over weeks or months, compounding means results can differ from -1x the index's move across that stretch, especially in choppy markets.sec.gov
  • Cheap for this corner of the market, pricey next to a broad index fund. The fee accrues every day you hold it, hedge or trade.
  • It cuts one way: when the Nasdaq-100 rises on the day, PSQ is designed to fall roughly in step.
  • SCC The -2x figure is a one-day target. Hold longer and compounding can push results away from -2x the index move over that stretch, especially through choppy markets.proshares.com
  • Small asset base and light trading for the category, so spreads and limit orders matter more here than on the heavily traded broad-index inverse funds.
  • Across ProShares' inverse shelf, the broad-market siblings review stronger; this sector-specific version sits in the lower part of its peer group on cost, scale and tradability.

Full PSQ profile⁠

Full SCC profile⁠

PSQ vs SCC 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.

PSQ vs SCC Cost

Same expense ratio

$17,869

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

  • PSQ 0.95%

    $17,869

  • SCC 0.95%

    $17,869

$10,000
30 years

Cost over time

  • PSQ 0.95%
  • SCC 0.95%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530PSQ $17,869SCC $17,869

Year by year

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

Expense ratio

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

PSQ 6th cheapest of 53 funds

SCC 6th cheapest of 53 funds

PSQ vs SCC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
PSQ 3.90%, better
SCC 2.75%
Payout (12M)
PSQ $1.04
SCC $0.41
Last payment
PSQ $0.26
SCC $0.11
Ex-dividend
PSQ Sep 23, 2026
SCC Sep 23, 2026
Paid on
PSQ Sep 29, 2026
SCC Sep 29, 2026
Frequency
PSQ Quarterly
SCC Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

PSQQuarterly · 26 paymentsAll PSQ payments⁠
One bar per payment. 26 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.03; Mar 21, 2018 $0.20; Jun 20, 2018 $0.39; Sep 26, 2018 $0.51; Dec 26, 2018 $0.53; Mar 20, 2019 $0.51; Jun 25, 2019 $0.66; Sep 25, 2019 $0.57; Dec 24, 2019 $0.41; Mar 25, 2020 $0.22; Dec 22, 2022 $0.25; Mar 22, 2023 $0.46; Jun 21, 2023 $0.72; Sep 20, 2023 $0.72; Dec 20, 2023 $0.95; Mar 20, 2024 $0.54; Jun 26, 2024 $0.76; Sep 25, 2024 $0.68; Dec 23, 2024 $0.70; Mar 26, 2025 $0.34; Jun 25, 2025 $0.40; Sep 24, 2025 $0.36; Dec 24, 2025 $0.40; Mar 25, 2026 $0.15; Jun 24, 2026 $0.23; Sep 23, 2026 $0.26. Use the arrow keys to read each point.$0$12017202020232026YTD
SCCQuarterly · 12 paymentsAll SCC payments⁠
One bar per payment. 12 payments from 2017 to 2026 YTD. Mar 21, 2018 $0.18; Sep 21, 2022 $0.15; Mar 20, 2024 $0.25; Jun 26, 2024 $0.25; Dec 23, 2024 $0.42; Mar 26, 2025 $0.07; Jun 25, 2025 $0.26; Sep 24, 2025 $0.21; Dec 24, 2025 $0.15; Mar 25, 2026 $0.05; Jun 24, 2026 $0.09; Sep 23, 2026 $0.11. Use the arrow keys to read each point.$0$12017202020232026YTD

PSQ vs SCC Risk

Fall from peak · 5 years

  • PSQ
  • SCC
Oct 29, 2021 to Oct 30, 2026. Worst fall: SCC −78.7% · Jan 2026. Use the arrow keys to read each point.−80%−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
PSQ 16.8%, betterSCC 34.2%
Return per unit of riskSharpe ratio, 3 years
PSQ −1.33SCC −0.88, better
Worst fallMax drawdown, 5 years
PSQ −61.5%, betterSCC −78.7%
Market sensitivityBeta, 5 years
PSQ −1.18SCC −2.25

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