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UCO — ProShares Ultra Bloomberg Crude Oil

ProShares Ultra Bloomberg Crude Oil (UCO)

UCO pays a 0.00% distribution rate, on a 1.47% expense ratio. Total return is -99.2% over the past 17.7 years, 1251.8 points behind SPY at 1152.6%. Its deepest 1-year drawdown was 38.5%.

ProShares Ultra Bloomberg Crude Oil is a leveraged commodity ETF that seeks to deliver twice the daily performance of crude oil prices by tracking the Bloomberg WTI Crude Oil Subindex. The fund carries a 1.47% expense ratio and pays no distributions, making it a non-income-producing vehicle designed for price appreciation rather than yield. This ETF appeals primarily to tactical traders and investors seeking leveraged exposure to oil price movements, though the daily reset mechanism of leveraged funds means it is not suitable as a long-term buy-and-hold investment.

UCO key facts

Issuer
ProShares
Asset type
ETF
Asset class
Commodity
Inception date
11/24/2008
Expense ratio
1.47%
Distribution rate
0.00%
Last close
$41.41
AUM
$374,773,578
Average volume
2184500.0
Beta
2.79