Proshares Ultrashort Silver Etf Profile
ZSL Etf | USD 38.37 0.10 0.26% |
PerformanceWeak
| Odds Of DistressLow
|
ProShares UltraShort is selling for 38.37 as of the 8th of April 2025. This is a 0.26% down since the beginning of the trading day. The etf's lowest day price was 36.13. ProShares UltraShort has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 8th of January 2025 and ending today, the 8th of April 2025. Click here to learn more.
The fund seeks to meet its investment objective by investing under normal market conditions in any one of, or combinations of, Financial Instruments based on the funds benchmark. Ultrashort Silver is traded on NYSEARCA Exchange in the United States. More on ProShares UltraShort Silver
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ProShares Etf Highlights
Thematic Idea | Precious Metals ETFs (View all Themes) |
Business Concentration | Precious Metals ETFs, Trading--Inverse Commodities, ProShares (View all Sectors) |
Issuer | ProShares |
Inception Date | 2008-12-01 |
Benchmark | Bloomberg Silver Subindex |
Entity Type | Partnership |
Asset Under Management | 35.23 Million |
Average Trading Valume | 319,047.2 |
Asset Type | Commodities |
Category | Precious Metals |
Focus | Silver |
Market Concentration | Blended Development |
Region | Global |
Administrator | The Bank of New York Mellon Corporation |
Advisor | ProShare Advisors LLC |
Custodian | The Bank of New York Mellon Corporation |
Distributor | SEI Investments Distribution Co. |
Portfolio Manager | Alexander Ilyasov |
Transfer Agent | Brown Brothers Harriman & Co. |
Trustee | Wilmington Trust Company |
Fiscal Year End | 31-Dec |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 13.0 |
Market Maker | Virtu Financial |
Total Expense | 0.95 |
Management Fee | 0.95 |
Country Name | USA |
Returns Y T D | (8.4) |
Name | ProShares UltraShort Silver |
Currency Code | USD |
Open Figi | BBG000F9CW36 |
In Threey Volatility | 52.57 |
1y Volatility | 45.25 |
200 Day M A | 38.2538 |
50 Day M A | 32.8072 |
Code | ZSL |
Updated At | 7th of April 2025 |
ProShares UltraShort Silver [ZSL] is traded in USA and was established 2008-12-01. The fund is classified under Trading--Inverse Commodities category within ProShares family. The entity is thematically classified as Precious Metals ETFs. ProShares UltraShort at this time have 33.77 M in net assets. , while the total return for the last 3 years was -24.4%.
Check ProShares UltraShort Probability Of Bankruptcy
ProShares UltraShort Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares UltraShort. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0315 | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | 0.6627 | |||
Sortino Ratio | 0.0709 |
ProShares UltraShort Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Silver. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of ProShares UltraShort is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares UltraShort's value that differs from its market value or its book value, called intrinsic value, which is ProShares UltraShort's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares UltraShort's market value can be influenced by many factors that don't directly affect ProShares UltraShort's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares UltraShort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.