ProShares Ultra Bloomberg Crude Oil (UCO)
| Assets | $373.60M |
| Expense Ratio | 1.43% |
| PE Ratio | n/a |
| Shares Out | 18.74M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 1,450,163 |
| Open | 20.56 |
| Previous Close | 20.59 |
| Day's Range | 20.56 - 21.06 |
| 52-Week Low | 17.78 |
| 52-Week High | 31.64 |
| Beta | 0.47 |
| Holdings | 9 |
| Inception Date | Nov 25, 2008 |
About UCO
Fund Home PageThe ProShares Ultra Bloomberg Crude Oil (UCO) is an exchange-traded fund that mostly invests in crude oil commodities. The fund provides 2x the daily return of an index of futures contracts of WTI crude. UCO was launched on Nov 25, 2008 and is issued by ProShares.
Performance
UCO had a total return of -18.19% in the past year, including dividends. Since the fund's inception, the average annual return has been -27.96%.
News
Crude Oil Price Outlook – Crude Continues to See Resistance in Channel
Crude oil continued to struggle on Friday as both WTI and Brent faced pressure from downtrend lines, the 50-day EMA, and major resistance near $60. Supply remains ample, demand soft, and short-term ra...
Oil News: Bullish Oil Outlook Builds as Futures Approach 50-Day MA on Firm Oil Demand
Crude oil futures hold firm above key Fib levels as traders watch a break over the 50-day MA, with OPEC output, Fed cut bets, and geopolitical risk shaping the oil outlook.
Oil prices head for 2% weekly gain as Fed hopes boost market, Venezuela tensions loom
WTI oil prices were heading for weekly gains of close to 2% in early trading on Friday, supported by an expected Federal Reserve interest rate cut, escalating U.S.-Venezuela tensions and stalled peace...
Crude Oil Price Forecast: Weekly Reversal + Channel Break Sets $63–$64 Target
Crude oil rallied to a 10-day high of $60.10 Thursday, reclaiming the 20-day average for a fourth day and triggering an initial breakout above the falling channel while the weekly chart flips to a bul...
What oil traders say matters about any U.S. push for regime change in Venezuela
President Donald Trump has blamed drug trafficking for the deadly U.S. strikes on boats in the Caribbean Sea and his threats to force the resignation of Venezuela's President Nicolás Maduro, but crude...
OPEC oil output slips in November despite agreed hike, survey finds
OPEC's oil output edged lower in November, despite an OPEC+ agreement to raise production for the month, due to outages in some members, a Reuters survey found on Thursday, bringing supply from the gr...
Crude Oil Price Forecast – Crude Oil Continues to Struggle
Oil trades slightly positive but remains stuck in a broader downtrend, repeatedly rejected by key technical levels. Both WTI and Brent continue to face pressure from oversupply, keeping rallies limite...
Strategist who nailed stocks, bonds and oil this year warns of ‘optimism shakeout' in early 2026
Look for more AI adoption to help broaden the stock market next year, but overly optimistic sentiment may need a reset early on, says strategist Warren Pies.
Natural Gas and Oil Forecast: Bullish Trend Extends but Resistance Zones Test Buyer Strength
Geopolitical tensions and rising channels support natural gas and oil, but resistance zones and oversupply risks keep prices capped in the near term.
Oil and Natural Gas Technical Analysis: Geopolitical Risks vs. Bearish Fundamentals
Oil and natural gas prices remain influenced by geopolitical tensions and technical breakouts, but weak fundamentals and oversupply continue to limit sustained upside.
Oil prices firm after Ukrainian strikes on Russian oil infrastructure, stalled peace talks
Oil prices moved slightly higher on Thursday after Ukrainian attacks on Russia's oil infrastructure signalled potential supply constraints, and stalled peace talks tempered expectations of a deal rest...
Interview: OPEC+ unity on thin ice as oversupply looms in 2026, says Mind Money's Igor Isaev
As OPEC+ slams the brakes on output hikes after a modest 137,000 bpd increase in December—fearing a 2026 glut that could drag Brent below $60—analysts warn the cartel's fragile unity is cracking under...
Crude Oil Price Outlook – Crude Oil Continues to See Overhang or Resistance
Crude oil rallies into key technical barriers, including a downtrend line, the 50-day EMA, and the $60 level, but the analyst maintains a bearish stance due to persistent high supply and weak demand, ...
Oil News: Risk Premium Returns as Crude Oil Traders Target 50-Day MA Breakout
Crude oil rises as failed peace talks revive the risk premium, while traders watch the 50-day MA and await EIA data to gauge demand, supply, and inventory trends.
Why oil producers are adding to the global supply glut despite low crude prices
The major oil producers known as OPEC+ unwound previous output cuts faster than expected this year — increasing quotas at a time when global oil prices have dropped around 16% year to date.
Oil prices fall on weak demand as markets await Ukraine peace effort for supply signs
Oil prices fell for a second day on Wednesday as investors waited to see if peace talks in the Russia-Ukraine war could open up more supply amid wider concerns about a surplus, highlighted by rising i...
Crude Oil Price Outlook – Crude Oil Continues to Struggle
WTI oil and Brent markets attempted early rallies but quickly reversed from key downtrend levels. Both grades continue to struggle with heavy supply pressures and weak demand, keeping prices capped an...
OPEC+ members to undergo annual oil capacity audit under new plan, sources say
OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ sources said, to ensure that the group sets output quotas that are more close...
Oil Isn't Cheap But It Might Become So
The internet is filled with claims that oil is undervalued compared to, for example, gold prices, the stock market, historical levels and so forth, even as the President calls for prices to fall furth...
Oil and Natural Gas Technical Analysis: Crude Holds Range, Natural Gas Trends Higher
Oil remains range-bound below key resistance despite geopolitical tensions, while natural gas extends its bullish breakout above $4.70, signaling continued upward momentum.
Oil rises on geopolitical risks to supply
Oil prices climbed in early trade on Tuesday for a second consecutive session as market participants assessed risks stemming from Ukrainian drone strikes on Russian energy sites and mounting U.S.-Vene...
Oil Price News: Oversupply Slams Bullish Hopes as Glut Grows
OPEC+ remains stable as the growing oversupply of offshore crude oil finally reaches onshore stocks, reinforcing a structurally bearish trend across the entire oil market. With production levels set u...
OPEC+ Hits Pause As Global Oil Surpluses Threaten 2026 Prices
Brent crude has drifted into the low-$60s, a price corridor OPEC+ has spent the better part of two years trying to defend through disciplined supply management. Yet the market's center of gravity is s...
Oil News: Crude Oil Futures Jump 2% as Drone Strikes and OPEC+ Fuel Supply Fears
Crude oil futures rally 2% as drone strikes on Russian infrastructure and OPEC+ holding production steady reignite supply fears after a four-month losing streak.
Natural Gas and Oil Forecast: OPEC+ Pause Ignites Rebound as Traders Brace for Volatile Week
Natural gas and oil rebound as OPEC+ holds supply steady and energy markets react to shifting geopolitical signals and improving technical momentum.
OPEC+ Holds Fire, Maintains Oil Production Pause To March 2026
Oil producers' group OPEC+ maintained its plan to keep crude output levels unchanged until March 2026 at its latest meeting on Sunday, as market fears over a potential supply glut continue to persist.
OPEC+ set to hold oil output policy steady on Sunday, sources say
OPEC+ is likely to leave oil output levels for the first quarter of 2026 unchanged at its meetings on Sunday, three delegates from the group said on Saturday, moderating a push to regain market share ...
