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ProShares Ultra Bloomberg Crude Oil (UCO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS74347Y8883
CUSIP74347Y888
IssuerProShares
Inception DateNov 24, 2008
CategoryLeveraged Commodities, Leveraged
Leveraged2x
Index TrackedDow Jones-UBS Crude Oil Sub-Index (200%)
Home Pagewww.proshares.com
Asset ClassCommodity

Expense Ratio

The ProShares Ultra Bloomberg Crude Oil has a high expense ratio of 0.95%, indicating higher-than-average management fees.


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 to compare with UCO

ProShares Ultra Bloomberg Crude Oil

Popular comparisons: UCO vs. USO, UCO vs. SCO, UCO vs. OIH, UCO vs. ERX, UCO vs. LABU, UCO vs. UPRO, UCO vs. BOIL, UCO vs. SOXL, UCO vs. FAS, 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.


-100.00%0.00%100.00%200.00%300.00%400.00%500.00%OctoberNovemberDecember2024FebruaryMarch
-99.39%
512.83%
UCO (ProShares Ultra Bloomberg Crude Oil)
Benchmark (^GSPC)

S&P 500

Returns By Period

ProShares Ultra Bloomberg Crude Oil had a return of 26.44% year-to-date (YTD) and 32.16% in the last 12 months. Over the past 10 years, ProShares Ultra Bloomberg Crude Oil had an annualized return of -34.22%, while the S&P 500 had an annualized return of 10.89%, indicating that ProShares Ultra Bloomberg Crude Oil did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date26.44%10.16%
1 month10.78%3.47%
6 months-8.13%22.20%
1 year32.16%30.45%
5 years (annualized)-24.54%13.16%
10 years (annualized)-34.22%10.89%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20249.08%3.02%
20234.07%10.39%-9.35%-10.63%-8.68%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for ProShares Ultra Bloomberg Crude Oil (UCO) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
UCO
ProShares Ultra Bloomberg Crude Oil
0.60
^GSPC
S&P 500
2.79

Sharpe Ratio

The current ProShares Ultra Bloomberg Crude Oil Sharpe ratio is 0.60. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
0.60
2.79
UCO (ProShares Ultra Bloomberg Crude Oil)
Benchmark (^GSPC)

Dividends

Dividend History


ProShares Ultra Bloomberg Crude Oil doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-99.47%
0
UCO (ProShares Ultra Bloomberg Crude Oil)
Benchmark (^GSPC)

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 99.47%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.95%Nov 28, 20082872Apr 28, 2020

Volatility

Volatility Chart

The current ProShares Ultra Bloomberg Crude Oil volatility is 8.07%, 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%OctoberNovemberDecember2024FebruaryMarch
8.07%
2.80%
UCO (ProShares Ultra Bloomberg Crude Oil)
Benchmark (^GSPC)