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›ETF Providers›ProShares›ZSL
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ZSL
US74347Y6721
Passive ETFCommodity

ZSL ETF · ProShares UltraShort SILVER ETF - USD

The ZSL Exchange Traded Fund (ETF) is provided by ProShares. It is built to track an index: Bloomberg Silver Subindex. This ETF provides synthetic exposure, by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap (i.e. a contract with a financial institution which delivers the return of the index). This share class generates a stream of income by distributing dividends.
Last update Today at 3:28 PM UTC
LIVE
CLOSED
This fund is part ofInverse Commodity1M perf.+0.16%
Last price
$21.58
-0.37%
1M perf.
-21.31%
1M flows
-€6.9M
AuM
€154M
E/R
0.95%
Rating
Not rated
ESG Consensus®
esg grade icon
ZSL
$21.58
-0.37%

Performance & flows

January 23, 2026 → April 23, 2026
0-30-20-1001020%FEBMARAPRFEBMARAPR
Create a free account to view the flows graph
ZSL
$21.69
-6.27%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-21.31%
-6.27%
-92.77%
-96.77%
-97.78%
-5.14%
-5.14%
-59.25%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
74347Y672
ISIN
US74347Y6721
AuM
€154M
E/R
0.95%
Replication rating
Not rated
ESG Consensus®
esg grade icon
More details
NAV
4/23/2026
$21.69
1D NAV change
+6.29%
Dividend policy
Replication method
Indirect
Replication model
Unfunded swap
No. of holdings
N/A
Inception date
12/1/2008
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Product type
Asset class
Factors
N/A
Investment strategy
ProShares UltraShort Silver seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance the Bloomberg Silver Subindex SM.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
-6.27%
-92.77%
-96.77%
-97.78%
Volatility
Perf./Volatility
Max drawdown
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

The ZSL ETF provides synthetic exposure. It uses derivatives to replicate the index's performance, so we do not display its exposure breakdown.

To find out more about ZSL's exposure, please refer to the as provided by ProShares.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

ProShares
ProShares ID Card
Number of funds
166
Total AuM
€101.46B
Expense ratio range
0.13% - 12.07%
Average expense ratio
1.4995%
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Frequently asked questions about ZSL

What does ProShares UltraShort SILVER ETF - USD, ZSL, invest in?

ZSL is a Passive ETF. This ETF provides inverse exposure (-2x) to Silver.

Which benchmark or index does ZSL replicate?

ZSL tracks the Bloomberg Silver Subindex TR - USD, through a unfunded swap replication method.

What is the Total Expense ratio (TER) of ZSL?

ZSL carries a total expense ratio (TER) of 0.95%, indicating the annual cost for holding the fund.

When was ZSL launched?

ZSL was introduced to the market on December 1, 2008. It trades on United States

Who is the ETF issuer of ZSL?

ProShares UltraShort SILVER ETF - USD, ZSL, is provided by ProShares. Learn more about ProShares here.

What is the current assets under management (AUM) of ZSL?

ZSL oversees €154M in assets as of April 23, 2026.

How has ZSL performed lately?

Based on data from April 23, 2026, ZSL returned -21.31% over the past month, -6.27% over the last three months and -59.25% year-to-date.

What are the latest inflows or outflows for ZSL?

As of April 23, 2026, ZSL recorded net flows of -€7.4M over the last month and -€12M year-to-date.

Does ZSL distribute dividends?

ZSL follows a distributing dividend policy, meaning it pays out income to investors.

What is the base currency of ZSL?

The base currency of ZSL is USD.

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