SCO - ProShares UltraShort Bloomberg Crude Oil
Assets | $74.04M |
NAV | $6.83 |
Expense Ratio | 0.95% |
PE Ratio | n/a |
Beta (5Y) | -3.69 |
Dividend (ttm) | n/a |
Dividend Yield | n/a |
Ex-Dividend Date | n/a |
1-Year Return | - |
Trading Day | April 13 |
Last Price | $6.68 |
Previous Close | $6.85 |
Change ($) | -0.17 |
Change (%) | -2.48% |
Day's Open | 6.70 |
Day's Range | 6.66 - 6.75 |
Day's Volume | 1,577,796 |
52-Week Range | 6.28 - 65.87 |
Fund Description
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 Commodity Balanced WTI Crude Oil IndexSM. The index aims to track the performance of 3 separate contract schedules for WTI Crude Oil futures. One-third of the index follows a monthly roll schedule two months beyond the nearby contract. The second third of the index follows a June annual roll schedule, while the remaining third follows a December annual roll schedule. The index is not linked to the 'spot" price of WTI crude oil.
Asset Class Commodity | Sector Energy |
Region North America | Inception Date Nov 24, 2008 |
Exchange NYSEARCA | Ticker Symbol SCO |
Index Tracked Bloomberg WTI Crude Oil Subindex |
The best (and only) inverse oil ETF for Q1 2021 is SCO.
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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 ...
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