ProShares UltraShort Bloomberg Crude Oil (SCO)
| Assets | $108.88M |
| NAV | $12.91 |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 8.43M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | - |
| Volume | 1,338,472 |
| Open | 12.79 |
| Previous Close | 12.88 |
| Day's Range | 12.69 - 13.03 |
| 52-Week Low | 12.49 |
| 52-Week High | 82.26 |
| Beta | -3.74 |
| Holdings | 4 |
| Inception Date | Nov 24, 2008 |
About SCO
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts, forward contracts, and option contracts) based on WTI sweet, light crude oil. It will not invest directly in oil.
News
Crude Oil ETFs Crater for the Sixth Day in a Row
Crude oil and crude ETFs are under pressure once again, falling for a sixth consecutive session on Thursday, as demand worries and a late reaction from the Federal Reserve that it will suspend its bond-...
5 Best Inverse/Leveraged ETF Areas of Last Week
Last week was upbeat for Wall Street. Stocks basically ignored myriad of concerns including inflationary pressures and rising Delta variant of COVID-19 cases.
Crude ETFs Plummet as Oil Drops More than 8%
With stocks and index ETFs tumbling on Monday amid exploding volatility, crude oil futures and ETFs are also under pressure. U.S. Benchmark West Texas Intermediate crude futures sank below $70 per barre...
Tough Time for Energy ETFs on Oversupply Concerns?
Oil prices declined more than 2% on Jul 14 after major global oil producers clinched a deal about supply, which gives cues of oversupply concerns.
Optimistic About Oil ETFs? 2 Factors May Hurt the Energy Market
Oil prices have staged a rally lately. But uncertainty about the OPEC+ deal, chances of higher output and the resurgence of the delta variant of Covid have made the space a winner.
Best (and Only) Inverse Oil ETF for Q1 2021
The best (and only) inverse oil ETF for Q1 2021 is SCO.
5 Index Funds Worth a Look in October
In the decades since index funds first came on the scene, they’ve taken up an important niche in investing. They are a great way to get broad exposure, and take some of the guesswork out of the stock ma...
ProShares Leveraged and Inverse Oil ETFs Change Benchmark
BETHESDA, Md.--(BUSINESS WIRE)--ProShares, a premier provider of ETFs, announced today that ProShares Ultra Bloomberg Crude Oil (UCO) and ProShares UltraShort Bloomberg Crude Oil (SCO) ETFs will change ...
Best (and Only) Inverse Oil ETF for Q4 2020
The best (and only) inverse oil ETF for Q4 2020 is SCO.
Oil ETFs Slip As Big Oil Companies Claim Losses
Crude oil has seen some extreme volatility in 2020, as prices plummeted below zero in April for the first time in history, and subsequently screamed back to trade above $40 a barrel within 2 months. Ami...
Opportunities Created By COVID; 2020’s Most Profitable ETFs
By Viktor Argonov, Senior Analyst at International Investment Firm Exchange-traded funds (ETFs) and similar instruments such as exchange-traded notes (ETNs) have typically been the best strategies for l...
Best Inverse Oil ETF for 2020
The best inverse oil ETF for 2020 by 1-year performance is SCO.
Sink Your Bearish Teeth Into These Leveraged Oil ETFs
If you were anything, but an oil bear during Monday’s trading session, you were definitely in a world of hurt. Oil prices fell into negative territory for the first time on record as West Texas Intermed...
Rallying Oil Prices Following Production Cuts is Short-Lived
Even with record production cuts giving oil prices a boost, the move thus far has proven to be short-lived as investors marinated on the notion that global demand will still be weak, which caused oil pr...
Crude Oil Slumps Back Near 18 Year Lows
As crude oil continues to slump, charting fresh lows below $20 a barrel Monday, oil traders across the globe are scrambling to sell as rapidly vanishing demand drives key physical crude prices to multi-...
Oil Prices Plunge to Lowest Level Since 2002
Oil prices touched down to their lowest level since 2002 as the price of U.S. crude fell as much as under $20 per barrel.
Crude Oil Crush Continues As Short Oil ETFs Reap Benefits
Crude oil has continued its barreling downdraft as Saudi Arabia is not backing down from the oil price war with Russia for market share, threatening another increase in its crude oil exports beginning i...
How Low Can Oil Go And Which ETFs Could Benefit From A Drop?
With West Texas Intermediate crude oil currently trading around $27 a barrel, this month’s historic flush in oil prices has some financial experts concerned that crude will settle in a range under $40 a...
Oil Faces More Downward Pressure, DRIP ETF Doesn’t Mind
Oil prices fell below $30 a barrel during Monday’s raucous trading session as crude followed the Dow Jones Industrial Average downward.
Best Inverse Oil ETFs for Q2 2020
The best inverse oil ETFs for Q2 2020 by 1-year performance are DTO, SCO, and DWT.
Why the Oil Rally Could be Short-Lived
On Monday, oil closed at its lowest levels in years, but crude bounced back Tuesday, boosting exchange traded products, such as the United States Oil Fund (NYSEArca: USO), which tracks West Texas Interm...
Oil Price War Paving the Way for Inverse ETP Gains
It’s an excellent time to be a bear when it comes to oil prices after Saudi Arabia cut its oil prices in retaliation to Russia’s refusal to cut production. In early trading in Monday’s session, oil pric...