Key stats
About ProShares Ultra Bloomberg Crude Oil
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Inception date
Nov 25, 2008
Structure
Commodities Pool
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
UCO seeks double the return of its futures-based index on a daily basis—reflecting both the returns due to price changes on WTI futures contracts as well as any return (positive or negative) from “rolling” those futures contracts. As a geared product, UCO is designed for a one-day holding period, it`s not appropriate for buy-and-hold investors. Daily compounding can lead to the fund`s returns varying significantly from those of the index over holding periods of greater than one day. UCO is a great choice for a leveraged energy play.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UCO assets under management is 375.78 M USD. It's fallen 4.10% over the last month.
UCO fund flows account for −22.11 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, UCO doesn't pay dividends to its holders.
UCO shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Nov 25, 2008, and its management style is Passive.
UCO expense ratio is 1.43% meaning you'd have to pay 1.43% of your investment to help manage the fund.
UCO follows the Bloomberg Commodity Balanced WTI Crude Oil Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UCO invests in cash.
UCO price has fallen by −1.59% over the last month, and its yearly performance shows a −37.40% decrease. See more dynamics on UCO price chart.
NAV returns, another gauge of an ETF dynamics, showed a −21.90% decrease in three-month performance and has decreased by −36.84% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −21.90% decrease in three-month performance and has decreased by −36.84% in a year.
UCO trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.