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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 above-average management fees.


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.


Performance

Performance Chart


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Returns By Period

ProShares UltraShort Bloomberg Crude Oil (SCO) returned 17.43% year-to-date (YTD) and 19.77% over the past 12 months. Over the past 10 years, SCO returned -29.00% annually, underperforming the S&P 500 benchmark at 10.87%.


SCO

YTD

17.43%

1M

-3.54%

6M

3.65%

1Y

19.77%

5Y*

-50.35%

10Y*

-29.00%

^GSPC (Benchmark)

YTD

1.30%

1M

12.94%

6M

1.49%

1Y

12.48%

5Y*

15.82%

10Y*

10.87%

*Annualized

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
2025-2.90%5.23%-3.07%34.96%-12.16%17.43%
2024-10.00%-3.83%-11.39%-0.06%6.00%-8.25%5.07%9.05%9.19%-8.42%2.69%-7.64%-19.00%
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%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SCO is 39, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SCO is 3939
Overall Rank
The Sharpe Ratio Rank of SCO is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of SCO is 5050
Sortino Ratio Rank
The Omega Ratio Rank of SCO is 4141
Omega Ratio Rank
The Calmar Ratio Rank of SCO is 2727
Calmar Ratio Rank
The Martin Ratio Rank of SCO is 3737
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.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

ProShares UltraShort Bloomberg Crude Oil Sharpe ratios as of May 17, 2025 (values are recalculated daily):

  • 1-Year: 0.39
  • 5-Year: -0.82
  • 10-Year: -0.39
  • All Time: -0.32

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of ProShares UltraShort Bloomberg Crude Oil compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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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.


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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 Jan 15, 2025. The portfolio has not yet recovered.

The current ProShares UltraShort Bloomberg Crude Oil drawdown is 99.33%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.5%Feb 19, 20094003Jan 15, 2025
-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 chart below shows the rolling one-month volatility.


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