Ultra Bloomberg Crude Oil - UCO Ultra Bloomberg Crude Oil

ProShares Ultra Bloomberg Crude Oil seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index.

  • 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.

This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return and 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 as frequently as daily. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.

  • Learn more about considerations for geared investing.

Important Notice Regarding Benchmark Change
— For more information please read the Press Release.

Fund Snapshot

Ticker UCO
Intraday Ticker UCO.IV
CUSIP 74347Y888
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 10/19/20

NAV $28.75
NAV Change -$0.04
Market Price Closing $28.48
Market Price Closing Change -$0.22
Daily Trading Volume 3,198,493

Performance

UCO 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.