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ETFs

ProShares UltraShort Consumer Discretionary

SCC
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jan 30, 2007
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$102,925
AUM
$1,659,802
Associated Index
S&P Consumer Discretionary Select Sector Index
Inverse/Leveraged
Inverse (-2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
Derivatives offset
199.91%
—
Net Other Assets (Liabilities)
100%
Invest with SCC
Trade SCC Options

What is SCC?

ProShares UltraShort Consumer Discretionary seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Consumer Discretionary Select Sector Index.

1M
3M
6M
YTD
1Y
3Y
Max
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SCC
Performance Measures**

for the time period Feb 1, 2007 to Dec 16, 2025

Returns

1M Trailing Return: -12.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -1.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -99.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 38.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -0.56

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.25

The annualized return divided by the max drawdown for the selected time period.

ETFs related toSCC

ETFs correlated to SCC include PSQ, SQQQ, SDS

SCC
ProShares Trust - ProShares UltraShort Consumer Discretionary
PSQ
ProShares Trust - ProShares Short QQQ -1x Shares
SQQQ
ProShares Trust - ProShares UltraPro Short QQQ -3x Shares
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x Shares
QID
ProShares Trust - ProShares UltraShort QQQ -2x Shares
SPXS
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear -3X Shares
SPDN
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500
SH
ProShares Trust - ProShares Short S&P500 -1x Shares
WEBS
Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bear -3X Shares
HIBS
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bear 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toSCC

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Tactical allocation, daily rebalance, leveraged ETFs, inverse ETFs, trend + mean‑reversion, sector rotation, volatility hedge, crypto sleeve, bonds hedge

OOS Cumulative Return

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Project Shiny Christmas - Christmas 2023 Competition Entry

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OOS Cumulative Return

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Create your own algorithmic trading strategy with SCC using Composer

FAQ

SCC is a US Equities ETF. ProShares UltraShort Consumer Discretionary seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Consumer Discretionary Select Sector Index.

SCC tracks the S&P Consumer Discretionary Select Sector Index.

No, SCC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SCC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SCC is 0.0111%. This is the percent change in the value of SCC over the most recent 1-month period. The 3-month return on SCC is 0.0158%. This is the percent change in the value of SCC over the most recent 3-month period.

The standard deviation of SCC for the past year is 0.4285%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SCC include WANT, UCC, and TQQQ.

ETFs correlated to SCC include PSQ, SQQQ, and SDS.

ETFs that are inversely correlated to SCC include IYC, FDIS, and VCR.

Yes, SCC is a Inverse (-2x) ETF: This means that SCC will try to match the performance of S&P Consumer Discretionary Select Sector Index, but with 2x the returns.

Yes, SCC is a Inverse (-2x) leveraged ETF: This means that SCC will try to match the performance of S&P Consumer Discretionary Select Sector Index, but move 2x in the opposite direction.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.