What is UCO?

UCO provides 2x the daily return of an index of futures contracts of WTI crude.

PERFORMANCE [as of 03/17/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UCO -22.05% -18.51% -29.56% -43.07% -0.52% -33.00% -35.97%
UCO (NAV) -21.16% -17.58% -28.59% -42.58% 0.32% -32.89% -35.89%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UCO Factset Analytics Insight

UCO seeks double the return of its futures-based index on a daily basis—reflecting both the returns due to price changes on WTI futures contracts as well as any return (positive or negative) from “rolling” those futures contracts. As a geared product, UCO is designed for a one-day holding period, it’s not appropriate for buy-and-hold investors. Daily compounding can lead to the fund’s returns varying significantly from those of the index over holding periods of greater than one day. UCO is a great choice for a leveraged energy play.

UCO Summary Data

ProShares
11/25/08
1.62%
$774.80M
N/A
Commodities Pool

Peers

N/A
N/A

Fund Flows

+$0.20B 5 Days
+$0.17B 30 Days
+$0.23B 90 Days

UCO Fund Structure

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

UCO Tax Exposures

27.84% / 27.84%
--
Yes

UCO Portfolio Data

0.00%
N/A

UCO Index Data

Single Asset
Single Asset
N/A

Factset Analytics Block Liquidity

As of 03/20/23

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

UCO Tradability

2,621,765
$69.65M
2,222,584
$60.31M
0.07%
$0.02
-0.06%
1.97% / -4.22%
None
100.00%
50,000
44.45
0.01%
--
100,439
$21.61
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.