ProShares Ultra Bloomberg Crude Oil (UCO)
UCO is a passive ETF by ProShares tracking the investment results of the Dow Jones-UBS Crude Oil Sub-Index (200%). UCO launched on Nov 24, 2008 and has a 0.95% expense ratio.
ETF Info
| ISIN | US74347Y8883 |
|---|---|
| CUSIP | 74347Y888 |
| Issuer | ProShares |
| Inception Date | Nov 24, 2008 |
| Category | Leveraged Commodities, Leveraged |
| Leveraged | 2x |
| Index Tracked | Dow Jones-UBS Crude Oil Sub-Index (200%) |
| Home Page | www.proshares.com |
| Asset Class | Commodity |
Expense Ratio
UCO has a high expense ratio of 0.95%, indicating higher-than-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.
Popular comparisons: UCO vs. SCO, UCO vs. USO, UCO vs. OIH, UCO vs. ERX, UCO vs. LABU, UCO vs. UPRO, UCO vs. FAS, UCO vs. BOIL, UCO vs. SOXL, UCO vs. TQQQ
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.
Returns By Period
ProShares Ultra Bloomberg Crude Oil had a return of -3.45% year-to-date (YTD) and -17.21% in the last 12 months. Over the past 10 years, ProShares Ultra Bloomberg Crude Oil had an annualized return of -32.79%, while the S&P 500 had an annualized return of 11.39%, indicating that ProShares Ultra Bloomberg Crude Oil did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -3.45% | 25.48% |
| 1 month | -12.50% | 2.14% |
| 6 months | -19.54% | 12.76% |
| 1 year | -17.21% | 33.14% |
| 5 years (annualized) | -26.25% | 13.96% |
| 10 years (annualized) | -32.79% | 11.39% |
Monthly Returns
The table below presents the monthly returns of UCO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 9.08% | 3.02% | 12.51% | -0.24% | -6.11% | 8.38% | -5.91% | -10.18% | -10.21% | 4.25% | -3.45% | ||
| 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% |
| 2020 | -28.54% | -25.24% | -85.45% | -63.19% | 67.12% | 17.30% | 6.14% | 9.76% | -14.85% | -20.28% | 41.98% | 12.64% | -92.91% |
| 2019 | 35.86% | 9.46% | 8.85% | 12.68% | -31.29% | 15.90% | -0.93% | -11.39% | -4.36% | -0.37% | 4.46% | 21.21% | 53.83% |
| 2018 | 15.96% | -9.42% | 11.70% | 10.91% | -4.10% | 17.54% | -10.70% | 5.11% | 11.43% | -21.08% | -40.80% | -20.83% | -43.26% |
| 2017 | -7.32% | 2.08% | -13.94% | -7.73% | -5.75% | -10.16% | 16.62% | -11.19% | 15.79% | 9.26% | 9.76% | 9.69% | 0.34% |
| 2016 | -24.56% | -16.38% | 12.64% | 32.32% | 9.33% | -5.20% | -29.79% | 10.37% | 9.61% | -7.32% | 5.82% | 14.73% | -6.86% |
| 2015 | -25.07% | 4.76% | -16.58% | 43.74% | -2.60% | -4.90% | -39.07% | -1.31% | -16.56% | 1.37% | -23.10% | -29.07% | -75.81% |
| 2014 | -3.01% | 11.58% | -0.89% | -1.07% | 7.17% | 6.96% | -12.68% | -3.89% | -7.75% | -20.76% | -30.95% | -37.53% | -67.82% |
| 2013 | 11.70% | -12.58% | 10.23% | -9.41% | -3.36% | 8.98% | 18.43% | 7.18% | -9.13% | -10.42% | -6.94% | 11.30% | 9.89% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UCO is 3, indicating that it is in the bottom 3% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Ultra Bloomberg Crude Oil (UCO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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.
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 99.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.95% | Nov 28, 2008 | 2872 | Apr 28, 2020 | — | — | — |
Volatility
Volatility Chart
The current ProShares Ultra Bloomberg Crude Oil volatility is 16.13%, 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.