What is ZSL?

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

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ZSL -20.48% -30.46% -5.40% -10.19% -40.08% -28.05% -10.82%
ZSL (NAV) -21.40% -30.67% -5.55% -10.91% -40.23% -27.58% -11.11%
Bloomberg Silver Subindex 11.57% 15.05% -8.87% -6.87% 6.12% 3.48% -5.08%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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.

ZSL Summary Data

ProShares
12/01/08
0.95%
$13.64M
Bloomberg Silver Subindex
N/A
Commodities Pool

Peers

N/A

Fund Flows

-- 5 Days
-- 30 Days
-- 90 Days

ZSL Fund Structure

Yes
N/A
-- / --
N/A
N/A
High
-2
Daily

ZSL Tax Exposures

27.84% / 27.84%
--
Yes

ZSL Portfolio Data

0.00%
12/22/22

ZSL Index Data

Bloomberg Silver Subindex
Single Asset
Single Asset
N/A

Factset Analytics Block Liquidity

As of 11/30/22

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

238,156
$6.96M
218,188
$6.58M
0.12%
$0.04
0.00%
3.92% / -6.01%
None
100.00%
50,000
4.36
0.02%
--
1,730
$25.28
5

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