ProShares UltraShort Bloomberg Crude Oil (SCO) belongs to the Oil & Gas category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SCO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SCO
SCO charges 0.95% annually. There are 8 ETFs in the Oil & Gas category with lower expense ratios, going as low as 0.69%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares K-1 Free Crude Oil ETF | 0.69% | 203.26M | Sep 2016 | SCO vs OILK | |
| United States Gasoline Fund LP | 0.75% | 135.15M | Feb 2008 | SCO vs UGA | |
| Invesco DB Oil Fund | 0.78% | 257.23M | Jan 2007 | SCO vs DBO | |
| Invesco DB Energy Fund | 0.78% | 99.84M | Jan 2007 | SCO vs DBE | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 0.85% | 254.25M | Apr 2017 | SCO vs USOI |
Best Risk-Adjusted Alternatives to SCO
SCO has a PortfoliosLab risk / return rank of 2. There are 14 ETFs in the Oil & Gas category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund LP | 87 | 135.15M | Feb 2008 | SCO vs UGA | |
| Invesco DB Energy Fund | 72 | 99.84M | Jan 2007 | SCO vs DBE | |
| Invesco DB Oil Fund | 58 | 257.23M | Jan 2007 | SCO vs DBO | |
| MicroSectors Oil & Gas Exploration & Production 3X... | 56 | 65.33M | Nov 2021 | SCO vs OILU | |
| United States Oil Fund LP | 55 | 1.99B | Apr 2006 | SCO vs USO |
Top Performing SCO Alternatives (YTD)
SCO is at -65.39% YTD. There are 14 ETFs in the Oil & Gas category with higher YTD returns, going as high as 109.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 109.21% | 421.22M | Nov 2008 | SCO vs UCO | |
| MicroSectors Oil & Gas Exploration & Production 3X... | 95.09% | 65.33M | Nov 2021 | SCO vs OILU | |
| United States Gasoline Fund LP | 91.06% | 135.15M | Feb 2008 | SCO vs UGA | |
| United States Oil Fund LP | 86.77% | 1.99B | Apr 2006 | SCO vs USO | |
| Invesco DB Energy Fund | 78.87% | 99.84M | Jan 2007 | SCO vs DBE |
Lowest Volatility Alternatives to SCO
SCO has 59.66% 1-year volatility. There are 10 ETFs in the Oil & Gas category with lower 1-year volatility, going as low as 24.74%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 24.74% | 254.25M | Apr 2017 | SCO vs USOI | |
| United States 12 Month Oil Fund LP | 29.92% | 44.96M | Dec 2007 | SCO vs USL | |
| ProShares K-1 Free Crude Oil ETF | 30.21% | 203.26M | Sep 2016 | SCO vs OILK | |
| United States 12 Month Natural Gas Fund LP | 34.75% | 16.16M | Nov 2009 | SCO vs UNL | |
| United States Gasoline Fund LP | 36.11% | 135.15M | Feb 2008 | SCO vs UGA |
Lowest Drawdown Alternatives to SCO
SCO has a 1-year max drawdown of -72.24%. There are 12 ETFs in the Oil & Gas category with shallower 1-year drawdowns, going as shallow as -20.32%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund LP | -20.32% | 135.15M | Feb 2008 | SCO vs UGA | |
| United States 12 Month Oil Fund LP | -20.91% | 44.96M | Dec 2007 | SCO vs USL | |
| ProShares K-1 Free Crude Oil ETF | -21.19% | 203.26M | Sep 2016 | SCO vs OILK | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -23.54% | 254.25M | Apr 2017 | SCO vs USOI | |
| Invesco DB Energy Fund | -24.72% | 99.84M | Jan 2007 | SCO vs DBE |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 36 | 23.06% | 32.83B | Feb 2010 | SCO vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 39 | 18.94% | 12.76B | Jun 2006 | SCO vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -29.42% | 1.41B | Oct 2021 | SCO vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 50 | 21.72% | 5.15B | Jun 2009 | SCO vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 16.14% | 7.81B | Jun 2006 | SCO vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 47 | 10.84% | 11.68B | Oct 2013 | SCO vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 52 | 50.25% | 2.47B | Jan 2007 | SCO vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 2 | -34.61% | 2.00B | Feb 2010 | SCO vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 44 | 10.08% | 394.37M | Mar 2024 | SCO vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -35.24% | 244.68M | Oct 2011 | SCO vs UVXY |
Often Compared With SCO
Investors most often compare SCO with DRIP, NRGD, BOIL. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare SCO with Any Fund or Stock
Compare SCO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SCO with funds that move differently
ProShares UltraShort Bloomberg Crude Oil alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SCO.
Explore SCO Diversifiers