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
The ProShares Ultra Bloomberg Crude Oil 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
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.
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.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 26.44% | 10.16% |
1 month | 10.78% | 3.47% |
6 months | -8.13% | 22.20% |
1 year | 32.16% | 30.45% |
5 years (annualized) | -24.54% | 13.16% |
10 years (annualized) | -34.22% | 10.89% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 9.08% | 3.02% | ||||||||||
2023 | 4.07% | 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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
ProShares Ultra Bloomberg Crude Oil | 0.60 | ||||
S&P 500 | 2.79 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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, 2008 | 2872 | Apr 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.