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Beacon

SZKProShares UltraShort Consumer Staples

Take a bet19y track recordRanked #629 of 949 in this goal

Seeks daily investment results that correspond to -2x the daily performance of the S&P Consumer Staples Select Sector Index.

By ProShares · Launched 2007

Annual Cost

0.95%

#4,882 of 5,861 · expensive

Fund Size

$5M

#5,246 of 5,861 · small

Return (1Y)Goal

-11.0%

Track Record

19 years

#418 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$8,993-10.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Inverse

Sector

Consumer staples

Index tracked

S&P Consumer Staples Select Sector Index

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

Repurchase Agreement
29.8%
Repurchase Agreement
14.8%
Repurchase Agreement
14.8%
Repurchase Agreement
8.9%
Repurchase Agreement
8.9%
Repurchase Agreement
7.4%
Repurchase Agreement
5.9%
Repurchase Agreement
5.9%
Repurchase Agreement
3.0%
N/A
-1.3%

Asset allocation

Cash
94.7%
Stocks
5.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
28.3%High

Year-on-year price swings

Max drawdown
-86.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.23Below average
Sortino (3Y)
-0.32Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to -2x the daily performance of the S&P Consumer Staples Select Sector Index.
Strategy
Invests in derivatives to gain inverse leveraged exposure to consumer staples companies in the S&P 500 Index, targeting daily returns consistent with the Daily Target. The Fund rebalances daily to maintain this exposure.
Inception date
January 30, 2007
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Inverse
Warning

You can be right and still lose

This fund returns the opposite of its benchmark's daily move, then resets. Hold it longer and the daily compounding takes over: the market can move your way over a week and you still finish down. It works as a one-day hedge and nothing beyond that.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04