- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
ProShares UltraShort Consumer Goods (SZK)

- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
11/11/2025: SZK (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit -15.04% | Avg. Invested days 27 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() | Upturn Advisory Performance | ETF Returns Performance |
Key Highlights
Volume (30-day avg) - | Beta -1.42 | 52 Weeks Range 10.91 - 13.82 | Updated Date 06/29/2025 |
52 Weeks Range 10.91 - 13.82 | Updated Date 06/29/2025 |
Upturn AI SWOT
ProShares UltraShort Consumer Goods
ETF Overview
Overview
ProShares UltraShort Consumer Goods (SZK) seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Consumer Goods Index. It offers leveraged inverse exposure to the U.S. consumer goods sector, allowing investors to potentially profit from a decline in the sector's performance.
Reputation and Reliability
ProShares is a well-known issuer of leveraged and inverse ETFs, with a solid reputation for providing targeted exposure to specific market segments.
Management Expertise
ProShares has considerable expertise in managing leveraged and inverse ETFs, requiring specialized knowledge of derivatives and market dynamics.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Consumer Goods Index.
Investment Approach and Strategy
Strategy: This ETF employs a leveraged inverse strategy, aiming to deliver twice the opposite of the daily return of the Dow Jones U.S. Consumer Goods Index. It uses derivatives such as swaps to achieve its target.
Composition The ETF does not hold physical consumer goods stocks. It primarily uses financial instruments, such as swap agreements, to create the desired leveraged inverse exposure.
Market Position
Market Share: SZK's market share is relatively small as it is a niche product designed for short-term trading.
Total Net Assets (AUM): 2382033
Competitors
Key Competitors
- ProShares Short Consumer Goods (SZC)
- Direxion Daily Consumer Discretionary Bear 1X Shares (PASS)
Competitive Landscape
The competitive landscape includes other inverse and leveraged ETFs that target the consumer goods or broader consumer sector. SZK's advantage lies in its specific leverage factor and target index, but its disadvantage is the inherent risk and complexity of leveraged inverse products.
Financial Performance
Historical Performance: Historical performance can be volatile due to the leveraged inverse nature of the ETF. Past performance is not indicative of future results.
Benchmark Comparison: The ETF's performance should be compared against -2x the daily performance of the Dow Jones U.S. Consumer Goods Index.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
The ETF has moderate liquidity with an average daily trading volume that varies based on market conditions.
Bid-Ask Spread
The bid-ask spread can vary depending on market volatility and trading volume but is typically wider than non-leveraged ETFs.
Market Dynamics
Market Environment Factors
Economic indicators such as consumer spending, interest rates, and inflation significantly impact the consumer goods sector and, consequently, SZK's performance.
Growth Trajectory
SZK's growth trajectory is tied to investor sentiment and expectations regarding the consumer goods sector's performance. Increased bearish outlook can lead to higher trading activity.
Moat and Competitive Advantages
Competitive Edge
SZK offers a very specific investment strategy u2013 providing 2x inverse exposure to the Dow Jones U.S. Consumer Goods Index, which can be appealing for sophisticated investors with a short-term bearish outlook on the sector. It allows investors to express a negative view on the consumer goods sector without directly shorting individual stocks. However, the ETF is subject to daily compounding effects, which can lead to performance divergence from its stated objective over longer periods. ProShares' experience in managing leveraged and inverse ETFs adds credibility.
Risk Analysis
Volatility
SZK is highly volatile due to its leveraged inverse nature, making it unsuitable for long-term investments.
Market Risk
The ETF is subject to market risk associated with the consumer goods sector and amplified by the leverage factor. The value can erode quickly if the consumer goods sector performs positively.
Investor Profile
Ideal Investor Profile
SZK is suitable for sophisticated investors with a short-term bearish outlook on the consumer goods sector and a high-risk tolerance.
Market Risk
SZK is best suited for active traders seeking short-term tactical opportunities rather than long-term investors.
Summary
ProShares UltraShort Consumer Goods (SZK) is a leveraged inverse ETF designed for short-term trading, providing -2x daily exposure to the Dow Jones U.S. Consumer Goods Index. Its performance is highly volatile and tied to the consumer goods sector, making it unsuitable for long-term investors. The ETF carries significant risks due to its leveraged nature, and investors should understand its complexities and intended purpose before investing. SZK serves as a tool for expressing a short-term bearish view on the U.S. consumer goods market.
Similar ETFs
Sources and Disclaimers
Data Sources:
- ProShares website
- ETF.com
- SEC filings
Disclaimers:
The data and analysis provided are for informational purposes only and do not constitute financial advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Leveraged and inverse ETFs carry significant risks and are not suitable for all investors.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares UltraShort Consumer Goods
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The index is designed to measure the performance of consumer staples companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
Home 

