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ProShares UltraShort Bloomberg Crude Oil (SCO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347W6681

CUSIP

74347Y862

Issuer

ProShares

Inception Date

Nov 24, 2008

Region

Global (Broad)

Leveraged

2x

Index Tracked

Bloomberg Commodity Balanced WTI Crude Oil Index (-200%)

Asset Class

Commodity

Expense Ratio

SCO has a high expense ratio of 0.95%, indicating higher-than-average management fees.


Expense ratio chart for SCO: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SCO vs. UCO SCO vs. NRGD SCO vs. DRIP SCO vs. ERX SCO vs. KOLD SCO vs. BOIL SCO vs. SOXL SCO vs. USO SCO vs. QQQ SCO vs. JEPQ
Popular comparisons:
SCO vs. UCO SCO vs. NRGD SCO vs. DRIP SCO vs. ERX SCO vs. KOLD SCO vs. BOIL SCO vs. SOXL SCO vs. USO SCO vs. QQQ SCO vs. JEPQ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares UltraShort Bloomberg Crude Oil, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%200.00%400.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
-98.73%
591.73%
SCO (ProShares UltraShort Bloomberg Crude Oil)
Benchmark (^GSPC)

Returns By Period

ProShares UltraShort Bloomberg Crude Oil had a return of -14.27% year-to-date (YTD) and -8.67% in the last 12 months. Over the past 10 years, ProShares UltraShort Bloomberg Crude Oil had an annualized return of -30.61%, while the S&P 500 had an annualized return of 11.06%, indicating that ProShares UltraShort Bloomberg Crude Oil did not perform as well as the benchmark.


SCO

YTD

-14.27%

1M

-0.50%

6M

13.07%

1Y

-8.67%

5Y*

-40.98%

10Y*

-30.61%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of SCO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-10.00%-3.83%-11.39%-0.06%6.00%-8.25%5.07%9.05%9.19%-8.42%2.69%-14.27%
20230.55%5.17%0.00%-3.97%19.45%-11.16%-24.01%-4.51%-9.81%6.72%8.75%7.02%-12.41%
2022-23.92%-15.36%-29.48%-8.81%-20.49%9.24%-1.53%8.72%23.34%-18.59%-2.03%-1.24%-62.59%
2021-12.20%-28.57%-2.05%-14.27%-11.09%-16.93%-6.24%6.30%-15.90%-13.83%27.91%-23.79%-72.62%
202036.05%28.68%135.03%-6.86%-49.91%-21.74%-7.95%-10.18%11.13%18.37%-32.95%-12.55%-4.20%
2019-29.30%-10.34%-9.05%-12.50%40.08%-17.25%-2.16%4.84%-7.52%-1.05%-7.09%-18.62%-58.50%
2018-14.50%8.38%-12.35%-11.58%1.81%-16.98%9.19%-6.39%-11.42%23.56%56.47%12.18%19.22%
20175.15%-2.94%13.22%6.92%2.40%7.92%-16.45%9.78%-14.89%-10.02%-10.18%-9.90%-22.40%
201617.33%0.87%-17.22%-30.00%-10.84%-0.12%35.03%-13.95%-14.70%5.49%-13.14%-14.61%-52.63%
201518.92%-15.48%13.30%-35.52%-0.78%2.46%55.53%-11.86%10.05%-6.70%25.68%32.25%74.65%
20141.74%-10.96%-0.24%0.14%-7.31%-7.10%13.49%3.15%6.21%23.40%37.92%46.93%142.31%
2013-11.13%13.22%-10.00%7.81%1.85%-9.35%-16.90%-8.12%8.70%10.20%6.52%-11.07%-21.91%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SCO is 10, meaning it’s performing worse than 90% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SCO is 1010
Overall Rank
The Sharpe Ratio Rank of SCO is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of SCO is 1111
Sortino Ratio Rank
The Omega Ratio Rank of SCO is 1111
Omega Ratio Rank
The Calmar Ratio Rank of SCO is 99
Calmar Ratio Rank
The Martin Ratio Rank of SCO is 99
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ProShares UltraShort Bloomberg Crude Oil (SCO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SCO, currently valued at -0.19, compared to the broader market0.002.004.00-0.192.10
The chart of Sortino ratio for SCO, currently valued at 0.04, compared to the broader market-2.000.002.004.006.008.0010.000.042.80
The chart of Omega ratio for SCO, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.001.39
The chart of Calmar ratio for SCO, currently valued at -0.09, compared to the broader market0.005.0010.0015.00-0.093.09
The chart of Martin ratio for SCO, currently valued at -0.45, compared to the broader market0.0020.0040.0060.0080.00100.00-0.4513.49
SCO
^GSPC

The current ProShares UltraShort Bloomberg Crude Oil Sharpe ratio is -0.19. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of ProShares UltraShort Bloomberg Crude Oil with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.19
2.10
SCO (ProShares UltraShort Bloomberg Crude Oil)
Benchmark (^GSPC)

Dividends

Dividend History


ProShares UltraShort Bloomberg Crude Oil doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-99.39%
-2.62%
SCO (ProShares UltraShort Bloomberg Crude Oil)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares UltraShort Bloomberg Crude Oil. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ProShares UltraShort Bloomberg Crude Oil was 99.50%, occurring on Jul 3, 2024. The portfolio has not yet recovered.

The current ProShares UltraShort Bloomberg Crude Oil drawdown is 99.39%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.5%Feb 19, 20093869Jul 3, 2024
-47.72%Dec 26, 20087Jan 6, 200927Feb 13, 200934
-26.24%Dec 8, 20084Dec 11, 20087Dec 22, 200811
-15.36%Nov 26, 20081Nov 26, 20082Dec 1, 20083

Volatility

Volatility Chart

The current ProShares UltraShort Bloomberg Crude Oil volatility is 10.41%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.41%
3.79%
SCO (ProShares UltraShort Bloomberg Crude Oil)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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