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SCOProShares UltraShort Bloomberg Crude Oil

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The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts, forward contracts, and option contracts) based on WTI sweet, light crude oil. It will not invest directly in oil.

ProShares · Since 2008 (17 years)

Annual Cost

1.10%

#4952 out of 5,332 ETFs

Fund Size

$970M

#1034 out of 5,332 ETFs

Dividend Yield

0.00%

Track Record

17 years

#655 out of 5,332 ETFs

Performance

1 Year

-70.3%

3 Years

-36.2%

5 Years

-44.5%

What's inside

Asset class
Strategy
inverse

Asset allocation

Cash
118.2%

Risk profile

Volatility (1Y)

54.4%

High

Max drawdown

-99.5%

Worst peak-to-trough loss

Sharpe (3Y)

-0.68

Below average

Sortino (3Y)

-0.97

Moderate downside risk

Similar ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Inverse
Warning

Inverse ETF — daily tool only

Delivers the inverse of the benchmark's daily return. The compounding path makes multi-day holding unpredictable even when the benchmark's total move goes your way. Legitimate as a one-day hedge; dangerous as a view.

Source: Cheng & Madhavan (2009)

Why we flagged this: strategy=inverse + inverse_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

Data updated on 2026-05-05