FundNYSEARCACommodities (Oil)

ProShares Ultra Bloomberg Crude Oil (2x)

UCO NYSE Arca

ProShares Ultra Bloomberg Crude Oil seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index.The fund’s benchmark is an index of crude oil futures contracts. It is not intended to track...

67.17USD
+45.50 (+209.97%) 1 Year · close Oct 30

Hover to inspectDrag to measure a move← → to step through days

Fund size
408M
as of Feb 2020
Expense ratio
1.35%
per year
Dividend yield
0.00%
Trailing 12 months
Volatility · 1Y
61.6%
High Risk
Beta
0.00
vs the market
52-week range
18.1867.17
01 Performance

How UCO has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 30
Strong performance Select a period to update every chart on the page.

Total return vs price return

Price only
0.0 pts
0%50%100%150%200% UCO +210.0% Price +210.0%

Over 1 year, UCO returned +210.0% with dividends reinvested — dividends added 0.0 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
61.6%High Risk

A typical year sees the price swing about ±62% around its trend.

Drawdown from peak

How far below its previous high the price has been
−38.5%
0%-22%−38.5%

Deepest fall −38.5% on Jul 1, 2026 — 43 days after the previous high
More than 5% below a high 55% of the time.

Market sensitivity

Beta
Market moves+10.0%
UCO tends to move−0.0%

A beta of 0.00 means UCO has moved less than the market.

Sharpe ratio 1.95 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Uptrend
67.17
  • 12-day average64.34 +4.4%
  • 26-day average60.58 +10.9%
  • 50-day average55.83 +20.3%
  • 200-day average43.20 +55.5%

The price is above 4 of 4 averages. The 50-day average is above the 200-day, a sign of a rising longer-term trend.

Relative strength (RSI)

Overbought
OversoldOverbought88.2

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

Commodities (Oil) · Leveraged — tracking the Bloomberg Commodity Balanced WTI Crude Oil Index.

  • Assets under management408MUSD
  • Expense ratio1.35%per year
  • Holdings19
  • Risk score8.8High

Launched November 2008. Listed options available. Fund data as of Feb 27, 2020.

05 Themes

Where UCO shows up

Curated themes and indices that hold UCO. Open one to see it in context, or test the whole theme in a portfolio.

06 Profile

About ProShares Ultra Bloomberg Crude Oil (2x)

ProShares Ultra Bloomberg Crude Oil seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index.The fund’s benchmark is an index of crude oil futures contracts. It is not intended to track the performance of the spot price of WTI crude oil. This fund is not an investment company regulated under the Investment Company Act of 1940 and is not afforded its protections. Please read the prospectus carefully before investing.

  • Featured in 1 curated theme
  • 19 holdings
Ticker
UCO
Exchange
NYSE Arca
ISIN
US74347Y8883
CUSIP
74347Y888
Currency
U.S. Dollar (USD)
Country
USA
Sector
Commodities (Oil)
Industry
Leveraged
Benchmark
Bloomberg Commodity Balanced WTI Crude Oil Index
All key statistics

Details

NameProShares Ultra Bloomberg Crude Oil (2x)
TickerUCO
ISINUS74347Y8883
CUSIP74347Y888
ExchangeNYSEARCA
CategoryCommodities (Oil)
Sub CategoryLeveraged
CountryUSA
CurrencyU.S. Dollar
Inception DateNov 24, 2008
BenchmarkBloomberg Commodity Balanced WTI Crude Oil Index

Shareas of Oct 30, 2026

Close Price USD67.17
52W Low / High 18.18 / 67.17
1Y Total Return213.00%
Strong
1Y Volatility60.92%
High Risk
Beta0.00
12M Dividends0.000
Last Dividend Date-
Dist. Frequency-
Dividend Yield0.00%

Dataas of Feb 27, 2020

AUM408 M
Discount/Premium-1.375%
NAV11.92
Shares Outstanding34 M
Volume 20D Avg4.4 M
Nbr of Holdings19
Risk RankHigh
Net Expense1.350%
Options availableYes
Next step

Put UCO to the test

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Test UCO in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.