Key stats
About ProShares UltraShort Silver
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Inception date
Dec 1, 2008
Structure
Commodities Pool
Replication method
Synthetic
Distributes
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Tax on distributions
No distributions
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ZSL is an inverse product, which attempts to deliver -2x the daily return of silver prices. The funds inverse exposure is benchmarked to the price performance of the Bloomberg Silver Subindex an index tracking a rolling futures position on silver based on Bloombergs 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history