What is SCO?

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

PERFORMANCE [as of 03/23/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SCO -- -- -- -- -- -- --
SCO (NAV) 11.93% 18.35% 21.38% 14.14% -66.65% -40.46% -22.94%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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 Summary Data

ProShares
11/24/08
0.95%
$129.87M
N/A
Commodities Pool

Peers

N/A
N/A

Fund Flows

-$0.03B 5 Days
-$0.12B 30 Days
-$0.28B 90 Days

SCO Fund Structure

Yes
N/A
-- / --
N/A
N/A
Low
-2
Daily

SCO Tax Exposures

27.84% / 27.84%
--
Yes

SCO Portfolio Data

0.00%
N/A

SCO Index Data

Single Asset
Single Asset
N/A

Factset Analytics Block Liquidity

As of 03/24/23

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

10,047,388
$54.07M
9,643,225
$48.70M
0.07%
$0.02
0.08%
5.04% / -80.11%
None
100.00%
50,000
192.86
0.02%
--
12,257
$29.05
5

Options Strategies for Outcome Investing

Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.