Risk factors
ProShares Trust II (ZSL) risk factors
Item 1A of every ProShares Trust II 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors73 risks3 new2 reworded
The risk profile is dominated by futures market leverage, daily margin calls, and regulatory changes impacting Geared Funds.
Filed Feb 26, 2026 - FY2024 10-K risk factors70 risks
The risk section is dominated by risks of leveraged and inverse funds tracking volatile commodities, currencies, and VIX futures. Funds suffer from compounding errors, futures roll costs, and imperfect correlation with benchmarks. Extreme market volatility can result in the total loss of an investment.
Filed Feb 28, 2025