SCO

ProShares UltraShort Bloomberg Crude Oil
*Unless otherwise stated, data provided by FactSet.

SCO Fund Description

SCO provides -2x the daily return of an index of futures contracts on light sweet crude oil.

SCO Factset Analytics Insight

SCO is a solid bet for investors looking for an inverse oil fund. As an inverse ETF, SCO is intended as a short-term tactical investment to be held only for its one-day exposure period; it's not appropriate for buy-and-hold investors. Daily compounding of SCO's inverse crude oil returns can lead to the fund's returns varying significantly from the intended multiple, so longer term investors must monitor and rebalance their position. SCO's futures-based index means that its returns reflect price appreciation on its futures contracts as well as any return from "rolling" those futures contracts. The underlying index provides exposure to three separate contracts at equal-weighting of 1/3 each. The first portion follows monthly roll schedule, while the second and third portion holds June and December contract that are rolled annually each March and September, respectively. Prior to September 16, 2020, the fund tracked the Bloomberg WTI Crude Oil Subindex.

SCO Charts And Performance

  • 1 Month
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  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/30/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SCO 17.72% -2.45% 44.36% 14.04% -19.61% -16.64% -6.77%
SCO (NAV) 9.25% -9.19% 36.29% 1.35% -20.92% -17.61% -6.73%
N/A -6.24% 0.84% -58.29% -52.51% -19.72% -17.40% -6.73%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SCO Summary Data

ProShares
11/24/08
Commodities Pool
1.25%
$84.13M
0.07%

SCO Portfolio Data

0.00%
09/23/20

SCO Index Data

N/A
Single Asset
Single Asset
N/A

SCO Fund Structure

Yes
N/A
No Policy
N/A
N/A
Low
-2
Daily

SCO Tax Exposures

27.84% / 27.84%
--
Yes
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SCO Factset Analytics Block Liquidity

As of 10/01/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SCO. SCO is rated a 5 out of 5.

SCO Tradability

3,066,552
$50.13M
2,847,954
$44.52M
0.07%
$0.01
-0.01%
4.73% / -17.31%
None
0.00%
50,000
56.96
0.02%
--
21,614
$16.62
5

Options Strategies for Outcome Investing

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