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 Information
Recent global developments affecting crude oil markets and crude oil futures contracts have dramatically increased volatility and even resulted in a negative price for the May 2020 WTI crude oil futures contract. As a result, investors in the oil funds may be subject to significant volatility and unexpected losses. In response to these conditions, each oil fund has modified certain of its investment strategies and the performance of each oil fund may differ from 2x or -2x, as applicable, of the daily performance of its benchmark. Investors should read the Funds’ latest prospectus and Form 8-K filings to better understand each fund’s objectives, strategies and risks.

  • The fund’s benchmark is an index of crude oil futures contracts
  • It is not intended to track the performance of the spot price of WTI crude oil
  • It should be expected to perform very differently from the spot price of WTI crude oil

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.

  • Learn more about considerations for geared investing.

For Important Information About the Fund
— please see the recently filed 8Ks. 07/30/202006/25/202005/04/202004/27/202004/24/202004/22/2020

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 8/6/20

NAV $15.54
NAV Change $0.12
Market Price Closing $15.53
Market Price Closing Change $0.06
Daily Trading Volume 3,570,862

Performance

SCO Performance Chart

Chart data from Thomson Reuters. Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded. Data is delayed at least 15 minutes.