PortfoliosLab logo
SCO vs. UCO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SCO and UCO is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.3

Performance

SCO vs. UCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Bloomberg Crude Oil (SCO) and ProShares Ultra Bloomberg Crude Oil (UCO). The values are adjusted to include any dividend payments, if applicable.

-99.60%-99.40%-99.20%-99.00%-98.80%-98.60%-98.40%NovemberDecember2025FebruaryMarchApril
-98.58%
-99.60%
SCO
UCO

Key characteristics

Sharpe Ratio

SCO:

0.51

UCO:

-0.70

Sortino Ratio

SCO:

1.07

UCO:

-0.82

Omega Ratio

SCO:

1.12

UCO:

0.90

Calmar Ratio

SCO:

0.25

UCO:

-0.35

Martin Ratio

SCO:

1.70

UCO:

-1.60

Ulcer Index

SCO:

14.92%

UCO:

21.59%

Daily Std Dev

SCO:

49.53%

UCO:

49.30%

Max Drawdown

SCO:

-99.50%

UCO:

-99.95%

Current Drawdown

SCO:

-99.32%

UCO:

-99.65%

Returns By Period

In the year-to-date period, SCO achieves a 18.20% return, which is significantly higher than UCO's -21.42% return. Both investments have delivered pretty close results over the past 10 years, with SCO having a -28.99% annualized return and UCO not far ahead at -27.93%.


SCO

YTD

18.20%

1M

13.90%

6M

11.67%

1Y

28.04%

5Y*

-53.43%

10Y*

-28.99%

UCO

YTD

-21.42%

1M

-16.63%

6M

-19.40%

1Y

-35.93%

5Y*

39.36%

10Y*

-27.93%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SCO vs. UCO - Expense Ratio Comparison

Both SCO and UCO have an expense ratio of 0.95%.


Expense ratio chart for SCO: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SCO: 0.95%
Expense ratio chart for UCO: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
UCO: 0.95%

Risk-Adjusted Performance

SCO vs. UCO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCO
The Risk-Adjusted Performance Rank of SCO is 5858
Overall Rank
The Sharpe Ratio Rank of SCO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of SCO is 7070
Sortino Ratio Rank
The Omega Ratio Rank of SCO is 6262
Omega Ratio Rank
The Calmar Ratio Rank of SCO is 4545
Calmar Ratio Rank
The Martin Ratio Rank of SCO is 5656
Martin Ratio Rank

UCO
The Risk-Adjusted Performance Rank of UCO is 33
Overall Rank
The Sharpe Ratio Rank of UCO is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of UCO is 33
Sortino Ratio Rank
The Omega Ratio Rank of UCO is 33
Omega Ratio Rank
The Calmar Ratio Rank of UCO is 66
Calmar Ratio Rank
The Martin Ratio Rank of UCO is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SCO vs. UCO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Bloomberg Crude Oil (SCO) and ProShares Ultra Bloomberg Crude Oil (UCO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for SCO, currently valued at 0.51, compared to the broader market-1.000.001.002.003.004.00
SCO: 0.51
UCO: -0.70
The chart of Sortino ratio for SCO, currently valued at 1.07, compared to the broader market-2.000.002.004.006.008.00
SCO: 1.07
UCO: -0.82
The chart of Omega ratio for SCO, currently valued at 1.12, compared to the broader market0.501.001.502.00
SCO: 1.12
UCO: 0.90
The chart of Calmar ratio for SCO, currently valued at 0.25, compared to the broader market0.002.004.006.008.0010.0012.00
SCO: 0.25
UCO: -0.35
The chart of Martin ratio for SCO, currently valued at 1.70, compared to the broader market0.0020.0040.0060.00
SCO: 1.70
UCO: -1.60

The current SCO Sharpe Ratio is 0.51, which is higher than the UCO Sharpe Ratio of -0.70. The chart below compares the historical Sharpe Ratios of SCO and UCO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
0.51
-0.70
SCO
UCO

Dividends

SCO vs. UCO - Dividend Comparison

Neither SCO nor UCO has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

SCO vs. UCO - Drawdown Comparison

The maximum SCO drawdown since its inception was -99.50%, roughly equal to the maximum UCO drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for SCO and UCO. For additional features, visit the drawdowns tool.


-99.70%-99.60%-99.50%-99.40%-99.30%-99.20%NovemberDecember2025FebruaryMarchApril
-99.32%
-99.65%
SCO
UCO

Volatility

SCO vs. UCO - Volatility Comparison

ProShares UltraShort Bloomberg Crude Oil (SCO) and ProShares Ultra Bloomberg Crude Oil (UCO) have volatilities of 23.53% and 24.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
23.53%
24.37%
SCO
UCO