SZK ETF — ProShares UltraShort Consumer Goods

ProShares UltraShort Consumer Goods (SZK)

Updated October 16, 2026.

SZK is an ETF. its distribution rate is 2.70%, its trailing-12-month yield is 6.40%, its expense ratio is 0.95%. Total return is -98.6% over the past 19.7 years, 755.2 points behind SPY at 656.6%.

ProShares UltraShort Consumer Goods is an ETF that provides inverse leveraged exposure to consumer staples companies in the S&P 500 Index, designed to move in the opposite direction of that sector. The fund has a modest current distribution rate and distributes quarterly, though its most recent distribution was special and may not recur regularly; it carries an expense ratio of 0.95%. This security appeals to tactical traders and investors seeking short-term hedges against consumer staples sector gains rather than long-term income investors.

SZK performance versus SPY

Price and return data through 2026-10-16.

Total return is -98.6% over the past 19.7 years, 755.2 points behind SPY at 656.6%. Over the past year its total return — price change plus distributions reinvested — is -20.6%. Its deepest 1-year drawdown was 29.3%.

SZK key facts

Issuer

ProShares

Asset type

ETF

Asset class

Fixed Income

Inception date

01/30/2007

Expense ratio

0.95%

Distribution rate

2.70%

Distribution frequency

Quarterly

Trailing yield

6.40%

Last close

$18.96 (as of 2026-10-16)

AUM

$738,946

Average volume

8294.0

Dividend

$0.827

Ex-dividend date

09/23/2026

Payment date

09/29/2026

Beta

-0.72

How Dividend Vision calculates yield and returns

Distribution rate (2.70%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.40%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SZK risks and drawbacks

SZK's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 29.3%.

Who may consider SZK — and who may not

SZK may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (SZK pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on SZK

• All tickers starting with S

Tagged: Leverage, Short.

Frequently asked questions

More securities from ProShares.