ProShares UltraShort Consumer Services ETF (Ticker: SCC) is a specialized investment vehicle designed for savvy investors aiming to profit from declines in the consumer discretionary sector. This exchange-traded fund (ETF) provides leveraged exposure to the consumer services segment, making it an ideal choice for those with a bearish outlook on this market. Operating within the broader niche of sector-focused ETFs, SCC seeks to deliver twice the inverse (-2x) of the daily performance of the Dow Jones U.S. Consumer Services Index. This means that for every 1% decline in the index, SCC aims to achieve a 2% gain, offering an aggressive strategy for hedging against downturns or capitalizing on short-term market movements.
The consumer discretionary sector, which includes industries such as retail, media, and consumer services, is known for its sensitivity to economic cycles. ProShares UltraShort Consumer Services leverages this volatility, providing a tool for investors who anticipate economic slowdowns, shifts in consumer behavior, or other factors that might negatively impact consumer service businesses. While this ETF is not suitable for all investors due to its leveraged and inverse nature, it is a compelling option for those with a strong risk tolerance and a strategic outlook on market trends. Whether used for hedging purposes or speculative trading, SCC offers a unique opportunity to navigate the complexities of the consumer discretionary sector with precision and agility.
ProShares UltraShort Consumer Services (SCC) Fund Flow Chart
ProShares UltraShort Consumer Services (SCC) 1 year Net Flows: 4M
SCC ETF FAQ
What was SCC’s price range in the past 12 months?
SCC lowest ETF price was 8.31 and its highest was 17.35 in the past 12 months.
What is the AUM of SCC?
As of Mar 27, 2025 The AUM of SCC is 4.50M.
Is SCC overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does SCC pay dividends?
SCC pays a Quarterly dividend of 0.037 which represents an annual dividend yield of 5.1%. See more information on SCC dividends here
How many shares outstanding does SCC have?
Currently, no data Available
Which hedge fund is a major shareholder of SCC?
Currently, no hedge funds are holding shares in SCC