Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Ultra 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.
Loading graphics...
Returns By Period
ProShares Ultra Bloomberg Crude Oil (UCO) has returned 103.42% so far this year and 45.23% over the past 12 months. Over the last ten years, UCO has returned -9.17% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.
ProShares Ultra Bloomberg Crude Oil
- 1D
- -8.13%
- 1M
- 53.88%
- YTD
- 103.42%
- 6M
- 74.82%
- 1Y
- 45.23%
- 3Y*
- 14.08%
- 5Y*
- 22.69%
- 10Y*
- -9.17%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Nov 25, 2008, UCO's average daily return is -0.01%, while the average monthly return is -0.19%.
Historically, 49% of months were positive and 51% were negative. The best month was May 2020 with a return of +67.1%, while the worst month was Mar 2020 at -85.5%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 7 months.
On a daily basis, UCO closed higher 51% of trading days. The best single day was Apr 2, 2020 with a return of +33.1%, while the worst single day was Apr 21, 2020 at -56.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 24.74% | 5.98% | 53.88% | 103.42% | |||||||||
| 2025 | 2.33% | -5.76% | 2.04% | -29.86% | 6.69% | 10.67% | 15.62% | -10.19% | -3.39% | -4.54% | -4.15% | -6.08% | -29.75% |
| 2024 | 9.08% | 3.02% | 12.51% | -0.24% | -6.11% | 8.38% | -5.91% | -10.18% | -10.21% | 4.25% | -3.62% | 7.67% | 5.36% |
| 2023 | -2.67% | -6.95% | -3.57% | 1.66% | -19.47% | 9.14% | 29.85% | 4.07% | 10.39% | -9.35% | -10.63% | -8.68% | -13.89% |
| 2022 | 29.17% | 15.48% | 18.43% | 4.48% | 19.37% | -12.43% | -6.90% | -12.45% | -23.04% | 18.96% | -1.54% | -1.46% | 39.71% |
| 2021 | 11.91% | 36.31% | -4.48% | 13.19% | 9.76% | 19.14% | 2.15% | -9.90% | 16.97% | 14.57% | -29.00% | 26.67% | 139.26% |
Benchmark Metrics
ProShares Ultra Bloomberg Crude Oil has an annualized alpha of -19.85%, beta of 1.42, and R² of 0.14 versus S&P 500 Index. Calculated based on daily prices since November 26, 2008.
- This ETF participated in 210.46% of S&P 500 Index downside but only 67.85% of its upside — more exposed to losses than it benefited from rallies.
- R² of 0.14 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -19.85%
- Beta
- 1.42
- R²
- 0.14
- Upside Capture
- 67.85%
- Downside Capture
- 210.46%
Expense Ratio
UCO has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
UCO ranks 43 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ProShares Ultra Bloomberg Crude Oil (UCO) and compare them to a chosen benchmark (S&P 500 Index).
| UCO | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 0.90 | -0.10 |
Sortino ratioReturn per unit of downside risk | 1.34 | 1.39 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.21 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.50 | 1.40 | +0.10 |
Martin ratioReturn relative to average drawdown | 2.52 | 6.61 | -4.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore UCO risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
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.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Ultra 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 Ultra Bloomberg Crude Oil was 99.95%, occurring on Apr 28, 2020. The portfolio has not yet recovered.
The current ProShares Ultra Bloomberg Crude Oil drawdown is 99.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.95% | Nov 28, 2008 | 2872 | Apr 28, 2020 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...