ZSL vs USAI

Comparison between ProShares UltraShort Silver -2x Shares (ZSL, ETF) and PACER AMERICAN ENERGY INDEPENDENCE ETF (USAI, ETF).

5-Year PerformanceUSAI has outperformed ZSL, delivering a return of +17.4% compared to -51.5%

ZSL vs USAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZSL(ETF)	USAI(ETF)
Net Assets	$106M	$105M
Expense Ratio	N/A	0.75%
Max Drawdown	100.00%	69.33%
Sharpe Ratio	-1.39	1.01
5Y Beta	0.00	0.51
P/E Ratio	N/A	23.58
Forward P/E	N/A	14.87
5Y Dividends CAGR	N/A	12.01%
5Y EPS CAGR	N/A	20.15%
P/S Ratio	N/A	1.62
P/B Ratio	N/A	3.00

Net Assets

Winner

ZSL

$106M

USAI

$105M

Expense Ratio

ZSL

N/A

USAI

0.75%

Max Drawdown

ZSL

100.00%

Winner

USAI

69.33%

Sharpe Ratio

ZSL

-1.39

Winner

USAI

1.01

5Y Beta

Winner

ZSL

0.00

USAI

0.51

P/E Ratio

ZSL

N/A

USAI

23.58

Forward P/E

ZSL

N/A

USAI

14.87

5Y Dividends CAGR

ZSL

N/A

USAI

12.01%

5Y EPS CAGR

ZSL

N/A

USAI

20.15%

P/S Ratio

ZSL

N/A

USAI

1.62

P/B Ratio

ZSL

N/A

USAI

3.00

ZSL vs USAI - Historical Returns

Returns include dividend reinvestment.

Period	ZSL	USAI
1 month	+14.24%	-5.33%
3 months	+9.80%	-1.20%
6 months	-69.04%	+21.25%
1 year	-91.09%	+18.38%
5 years(CAGR)	-51.50%	+17.38%
10 years(CAGR)	-42.62%	+13.36%
Max(CAGR)	-42.94%	+13.36%

Winner

ZSL

+14.24%

USAI

-5.33%

Winner

ZSL

+9.80%

USAI

-1.20%

ZSL

-69.04%

Winner

USAI

+21.25%

ZSL

-91.09%

Winner

USAI

+18.38%

5Y(CAGR)

ZSL

-51.50%

Winner

USAI

+17.38%

10Y(CAGR)

ZSL

-42.62%

Winner

USAI

+13.36%

Max(CAGR)

ZSL

-42.94%

Winner

USAI

+13.36%

ZSL vs USAI - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	ZSL	USAI
2026	-55.54%	+19.28%
2025	-86.72%	-1.41%
2024	-43.09%	+43.59%
2023	-5.49%	+16.59%
2022	-30.40%	+17.57%
2021	+4.68%	+38.10%
2020	-74.00%	-14.82%
2019	-27.59%	+19.10%
2018	+21.59%	-18.51%
2017	-15.16%	+3.69%
2016	-39.52%	N/A
2015	+9.60%	N/A
2014	+39.77%	N/A
2013	+87.70%	N/A
2012	-27.38%	N/A
2011	-60.21%	N/A
2010	-77.73%	N/A
2009	-71.91%	N/A
2008	-33.81%	N/A

ZSL vs USAI Drawdown Comparison

The maximum drawdown for ZSL was -100.00%, occurring on May 13, 2026. This drawdown has not yet recovered.

The maximum drawdown for USAI was -65.24%, occurring on Mar 18, 2020. Recovery took 674 trading sessions.

The current ZSL drawdown is -99.99%. The current USAI drawdown is -7.22%.

Rank	ZSL	USAI
#1	-100.00% Dec 5, 2008 - May 13, 2026	-65.24% Aug 22, 2018 - Apr 28, 2021
#2	N/A	-20.66% Jun 7, 2022 - Nov 30, 2023
#3	N/A	-19.26% Jan 23, 2018 - Aug 6, 2018
#4	N/A	-18.21% Jan 21, 2025 - Feb 3, 2026
#5	N/A	-14.93% Oct 20, 2021 - Feb 28, 2022
#6	N/A	-14.64% Jun 16, 2021 - Oct 12, 2021
#7	N/A	-9.34% Nov 22, 2024 - Jan 14, 2025
#8	N/A	-9.14% Apr 20, 2022 - May 27, 2022
#9	N/A	-8.70% Mar 27, 2026 - May 18, 2026
#10	N/A	-7.87% May 19, 2026 - May 29, 2026
#11	N/A	-6.84% Jul 22, 2024 - Aug 30, 2024
#12	N/A	-6.16% Mar 4, 2022 - Mar 23, 2022
#13	N/A	-4.68% Apr 3, 2024 - May 7, 2024
#14	N/A	-4.64% Dec 1, 2023 - Jan 29, 2024
#15	N/A	-4.13% May 20, 2024 - Jun 24, 2024

Correlation

Correlation between ZSL and USAI is -0.66 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.66

-101