SCO
ProShares - UltraShort Bloomberg Crude Oil
$16.61
-0.04
(-0.24%)
AUM
$882.54M
Expense Ratio
0.95%
NAV
$16.69
Holdings
4
Asset Class
Commodities
Inception
11/24/2008
Provider
ProShares
Fund Description
ProShares UltraShort Bloomberg Crude Oil is an investment vehicle engineered to deliver daily returns that are twice the inverse of the Bloomberg Commodity Balanced WTI Crude Oil Index's daily performance. This means that, before accounting for fees and expenses, the fund aims to move in the opposite direction of the index's daily changes, at a magnitude of 200%.