ProShares UltraShort Silver

ZSL

Market cap $186M

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

The S&P 500 was up about 17% in 2025, but has traded essentially flat so far in 2026, as investors wonder whether a prolonged rally may be about to give way to a major selloff—or whether a potentially overhyped AI market may collapse. For pessimists, one approach may be to focus on more stable stocks, including dividend payers, that can withstand potential upcoming volatility.

BETHESDA, Md.--(BUSINESS WIRE)--ProShares, a premier provider of ETFs, announced today reverse share splits on two of its ETFs, CRCA and ZSL.

Throughout most of 2025, silver has recently outperformed gold, proving (ironically) that it is not always second place. Strength in silver built gradually through last year, but the latest pullbacks are a reminder that near-term market reactions can outweigh fundamentals and long-term investor sentiment.

ProShares UltraShort Silver ETF (ZSL) offers a 2x leveraged short position on silver, bypassing futures margin constraints amid extreme silver volatility. Recent CME margin hikes triggered liquidations and sharp price moves; ZSL enables tactical shorting, but carries significant risk. Structural shifts like US banks going net long silver, Chinese export controls, and industrial demand cliffs, create both bullish and bearish trading opportunities.

It's a great way to hedge your bets with silver. But traders should be mindful that inverse leveraged ETFs carry elevated risk and are meant to be used for short-term positions.

In 2025, we have had to go back to the basics including diversification. One of the most well-known ways to diversify has been with commodities.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

The S&P 500 hit a new high for the year last week after the November jobs report and University of Michigan consumer survey data came in at upbeat.