ProShares UltraShort Bloomberg Crude Oil (SCO)
| Previous Close | 9.65 |
| Open | 9.95 |
| Bid | 10.10 x 1200 |
| Ask | 10.18 x 1200 |
| Day's Range | 9.88 - 10.24 |
| 52 Week Range | 9.63 - 67.35 |
| Volume | 2,583,462 |
| Avg. Volume | 3,667,869 |
| Net Assets | 96.84M |
| NAV | 10.05 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Daily Total Return | -16.70% |
| Beta (5Y Monthly) | 4.33 |
| Expense Ratio (net) | 0.95% |
| Inception Date | 2008-11-24 |
- Investopedia
Best (and Only) Inverse Oil ETF for Q1 2021
Inverse oil exchange-traded funds (ETFs), which are leveraged and can be highly risky, seek to short either a single energy commodity or a combination of several energy commodities. Examples of the types of commodities typically shorted by these ETFs include crude oil, gasoline, and heating oil.
- Business Wire
ProShares Leveraged and Inverse Oil ETFs Change Benchmark
ProShares, a premier provider of ETFs, announced today that ProShares Ultra Bloomberg Crude Oil (UCO) and ProShares UltraShort Bloomberg Crude Oil (SCO) ETFs will change their benchmark effective after the market closes on September 16, 2020. The new benchmark for these funds is the Bloomberg Commodity Balanced WTI Crude Oil Index (ticker: BCBCLI). Following this benchmark change, each Fund will seek exposure to the WTI crude oil futures contracts that are included in its new benchmark.
- ETF.com
How Oil ETFs Work
Each month, futures-based ETFs change their portfolio holdings. It happens sooner than you think.
