New

Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →

Help us improve your experience. Please confirm your investor type:

Compare ETFs Easily

The Ultimate ETF Comparison Tool - Try Now!

Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.

Start Comparing ETFs Now!

›ETF Providers›ProShares›ZSL

ZSL

US74347Y6721

Passive ETF Commodity

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 Yesterday at 1:30 PM UTC

LIVE

CLOSED

This fund is part ofInverse Commodity1M perf.-14.49%

Last price

$21.00

1M perf.

-27.61%

1M flows

-€4.5M

AuM

€151M

E/R

0.95%

Rating

Not rated

ESG Consensus®

ZSL

$21.00

Performance & flows

December 12, 2025 → March 12, 2026

Create a free account to view the flows graph

ZSL

$18.86

-75.87%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	-27.61%	-75.87%	-93.98%	-97.93%	-98.13%	+15.68%	-64.58%	-64.58%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) ·

Main characteristics

Issuer

ProShares

CUSIP

74347Y672

ISIN

US74347Y6721

AuM

€151M

E/R

0.95%

Replication rating

Not rated

ESG Consensus®

More details

NAV

3/12/2026

$18.86

1D NAV change

+0.99%

Dividend policy

Distributing

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

Passive ETF

Benchmark

Bloomberg Silver Subindex

Asset class

Commodity

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

Create a free Trackinsight Essentials account to unlock insights

Access exclusive metrics and features to support your investment decisions.

Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.

Enterprise Fund page features include:

Legal documents

Powerful buy-list integration

Fund data exports

Advanced risk metrics

Advanced replication analysis

Advanced exposure look-through

Upload your own internal metrics

Custom data feature

See all Trackinsight Enterprise features

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Risk profile

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	-75.87%	-93.98%	-97.93%	-98.13%
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

Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Exposure

Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Sustainability

Integrates ESG criteria

SDG

Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Issuer

ProShares

ProShares ID Card

Number of funds

163

Total AuM

€93.8B

Expense ratio range

0.13% - 12.07%

Average expense ratio

1.5079%

View all ProShares funds

Top 5 funds by ProShares

		AuM
TQQQ	ProShares UltraPro QQQ ETF	€22.13B
IQMM	ProShares GENIUS Money Market ETF	€19.24B
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	€9.72B
QLD	ProShares Ultra QQQ ETF	€8.26B
SSO	ProShares Ultra S&P500 ETF	€5.44B

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 €151M in assets as of March 12, 2026.

How has ZSL performed lately?

Based on data from March 12, 2026, ZSL returned -27.61% over the past month, -75.87% over the last three months and -64.58% year-to-date.

What are the latest inflows or outflows for ZSL?

As of March 12, 2026, ZSL recorded net flows of -€4.6M over the last month and +€26M 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.

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight

The Ultimate ETF Comparison Tool - Try Now!

ZSL ETF · ProShares UltraShort SILVER ETF - USD

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Risk profile

Historical risk/return profile

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Exposure

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Sustainability

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Issuer

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 €151M in assets as of March 12, 2026.

How has ZSL performed lately?

Based on data from March 12, 2026, ZSL returned -27.61% over the past month, -75.87% over the last three months and -64.58% year-to-date.

What are the latest inflows or outflows for ZSL?

As of March 12, 2026, ZSL recorded net flows of -€4.6M over the last month and +€26M 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.

About Trackinsight

ETF TOOLS

PLATFORM

ETF NEWS & RESEARCH

PROFESSIONAL SOLUTIONS

SOLUTIONS FOR

CONTACT US