ProShares UltraShort Consumer Goods (Ticker: SZK) is a specialized exchange-traded fund (ETF) that offers investors a unique opportunity to gain inverse exposure to the consumer staples sector. This ETF is designed for sophisticated investors looking to capitalize on declines in the consumer goods market, providing -2x the daily performance of the Dow Jones U.S. Consumer Goods Index. By focusing on this sector, SZK allows investors to hedge against downturns in companies that produce essential goods such as food, beverages, and household products, which are generally considered non-discretionary purchases.
The fund falls under the sector-focused category, specifically targeting the broad-based niche of consumer staples. This makes it a strategic tool for those who anticipate a market shift or downturn in the consumer goods industry and wish to profit from such movements. SZK is ideal for short-term trading strategies, given its daily reset feature, and should be used by investors with a comprehensive understanding of leveraged products and the risks associated with them. With SZK, investors can effectively manage risk and dynamically adjust their portfolios in response to market volatility within the consumer staples sector.
ProShares UltraShort Consumer Goods (SZK) Fund Flow Chart
ProShares UltraShort Consumer Goods (SZK) 1 year Net Flows: -145K
SZK ETF FAQ
What was SZK’s price range in the past 12 months?
SZK lowest ETF price was 11.34 and its highest was 14.92 in the past 12 months.
What is the AUM of SZK?
As of Feb 19, 2025 The AUM of SZK is 616.08K.
Is SZK overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does SZK pay dividends?
SZK pays a Quarterly dividend of 0.185 which represents an annual dividend yield of 6.08%. See more information on SZK dividends here
How many shares outstanding does SZK have?
SZK has 50,568 shares outstanding.
Which hedge fund is a major shareholder of SZK?
Currently, no hedge funds are holding shares in SZK