ETFs › UCO

ProShares Ultra Bloomberg Crude Oil (UCO)

crude-oil leveraged daily-rebalance

This ETF aims to provide twice the daily performance of crude oil futures. It uses financial instruments to create leveraged exposure to the Bloomberg Commodity Balanced WTI Crude Oil Index. The fund may appeal to sophisticated investors seeking amplified short-term oil price movements. Its leveraged approach offers potential for higher returns, albeit with increased risk and volatility.

Key Info

AUM $820.3M
Expense Ratio 0.95%
Inception Date November 24, 2008
Distribution Frequency Annually
Weighting Method Leveraged Futures
Number of Holdings 1
Tracking Index Bloomberg Commodity Balanced WTI Crude Oil Index

See Also

USO DBO OIL

Last updated: September 13, 2024