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 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 does not track 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.

  • Read more about ProShares Geared Oil and Gas Commodity ETFs.
  • Learn more about considerations for geared investing.

For Important Information About the Fund
— please see the recently filed 8Ks. 05/04/202004/27/202004/24/202004/22/2020

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 5/27/20

NAV $21.91
NAV Change -$2.03
Market Price Closing $22.03
Market Price Closing Change -$1.66
Daily Trading Volume 17,032,274

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.