ZSL

ProShares UltraShort Silver
*Unless otherwise stated, data provided by FactSet.

ZSL Fund Description

ZSL provides -2x the daily performance of silver, as measured by the price of COMEX silver futures contracts.

ZSL Factset Analytics Insight

ZSL is an inverse product, which attempts to deliver -2x the daily return of silver prices. The fund’s inverse exposure is benchmarked to the price performance of the Bloomberg Silver Subindex — an index tracking a rolling futures position on silver based on Bloomberg’s fixed contract schedule. ZSL is a short-term product and not appropriate for buy-and-hold investors because daily compounding can cause the fund's performance to differ greatly from the headline -2x exposure over holding periods greater than one day. You must rebalance your positions to receive the -2x multiple over longer time horizons. As an ETF, ZSL is structured as a commodities pool — so investors will have to deal with a K-1 form for tax reporting.

PERFORMANCE [as of 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ZSL 1.33% 23.90% 8.80% -17.47% -44.52% -22.44% -14.95%
ZSL (NAV) 7.22% 26.98% 7.54% -26.38% -44.37% -22.54% -16.07%
Bloomberg Silver Subindex -4.32% -13.46% -14.62% -2.94% 14.30% 1.55% -4.21%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ZSL Summary Data

ProShares
12/03/08
Commodities Pool
0.95%
$13.64M
0.08%

ZSL Portfolio Data

0.00%
N/A

ZSL Index Data

Bloomberg Silver Subindex
Single Asset
Single Asset
N/A

ZSL Fund Structure

Yes
N/A
-- / --
N/A
N/A
Medium
-2
Daily

ZSL Tax Exposures

27.84% / 27.84%
--
Yes

ZSL Factset Analytics Block Liquidity

As of 09/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of ZSL. ZSL is rated a 5 out of 5.

ZSL Tradability

257,820
$7.01M
227,582
$6.20M
0.08%
$0.02
0.00%
299.03% / -5.85%
None
100.00%
50,000
4.55
0.02%
--
2,023
$29.82
5

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