UltraShort Bloomberg Crude Oil - SCO UltraShort Bloomberg Crude Oil

ProShares UltraShort Bloomberg Crude Oil seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg WTI Crude Oil SubindexSM.

Important Notice Regarding Change in Index Provider—On or about July 1, 2014, Bloomberg takes over the operation of SCO's index, renaming it Bloomberg WTI Crude Oil Subindex. The method for selecting components for the index remains the same. For more information, please contact ProShares at 866-776-5125.

This fund is not an investment company regulated under the Investment Company Act of 1940 and is not afforded its protections. Please read the prospectus carefully before investing.

This Short ProShares ETF seeks a return that is -2x the return of an index or other benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings consistent with their strategies, as frequently as daily. For more on correlation, leverage and other risks, please read the prospectus.

» Considerations for Geared Investing

Fund Snapshot

Ticker SCO
Intraday Ticker SCO.IV
CUSIP 74347W668
Inception Date 11/24/08
Expense Ratio* 0.95%
NAV Calculation Time 2:30 p.m. ET
Distributions Quarterly

* Does not include brokerage commissions and related fees paid by the fund.

Monthly Account Statements

Price Information as of 8/22/14

NAV $29.96
NAV Change $0.13
Market Price Closing $29.97
Market Price Closing Change $0.20
Daily Trading Volume 974,594