SCO
- ProShares UltraShort Bloomberg Crude OilKey Information
| Earliest date | 2008-11-25 |
| Exchange | NYSE |
| Instrument Type | ETF |
| MIC Code | ARCX |
| Country | United States |
ETF Information
| Fund Provider | Proshare Advisors LLC |
| Index | Bloomberg Commodity Balanced WTI Crude Oil Index (-200%) |
| Expense Ratio | 0.95% |
| Number Of Holdings | 1 |
| Inception Date | 2008-11-24 |
| Asset Class | Commodity |
| Currency | USD |
| Listing | US-listed |
| Sector | Energy |
| Non-leveraged | Leveraged |
About SCO
The ProShares UltraShort Bloomberg Crude Oil ETF provides inverse exposure to the performance of crude oil, offering a 2x daily short leverage to the Bloomberg Commodity Balanced WTI Crude Oil Index. This fund is designed for sophisticated investors with a bearish short-term outlook for crude oil, but may not be suitable for those with a low risk tolerance or a buy-and-hold strategy.