Name of ETF: ProShares UltraShort Consumer Goods
Benchmark Index: Dow Jones U.S. Consumer Goods Index
Ticker Symbol: SZK
Approximate Number of Stocks in this ETF: 115
Types of Stocks Included in this ETF: A selection of large, mid and small-sized publicly traded U.S. companies which produce consumer goods.
Daily Target: -2x
Leveraged-Short ETF: This ETF allows investors to take a leveraged bearish position against the U.S. consumer goods sector. If the Dow Jones U.S. Consumer Goods Index goes down, this ETF is designed to go up twice the amount the index went down. Conversely, if the Dow Jones U.S. Consumer Goods Index goes up, this ETF is designed to go down twice the amount the index went up.
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