Symbols

SCC

ProShares UltraShort Consumer Discretionary·NYSE

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Key Stats

Assets Under Management

3.19MUSD

Fund Flows (1Y)

1.26MUSD

Dividend Yield

5.00%

Discount/Premium to NAV

-0.01%

Shares Outstanding

218.30K

Expense Ratio

0.95%

About ProShares UltraShort Consumer Discretionary

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/leveraged-and-inverse/scc

Inception Date

Jan 30, 2007

Structure

Open-Ended Fund

Index Tracked

S&P Consumer Discretionary Select Sector Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

ProShare Advisors LLC

Distributor

SEI Investments Distribution Co.

SCC provides 2x daily inverse exposure to a market cap-weighted index representing the consumer discretionary sector of the S&P 500. The underlying index, which is an S&P Select Sector Index, includes automobiles & components, consumer durables and apparel, consumer services, and retailing. As a levered product with daily resets, SCC is designed as a short-term trading tool and not a long-term investment vehicle. Due to daily compounding, it's unlikely to achieve its stated exposure and returns for longer than a one-day period. Prior to March 20, 2023, the fund traded as the Proshares UltraShort Consumer Services and tracked the Dow Jones U.S. Consumer Services Index.