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SCO ETF

Profile

Name:

ProShares UltraShort Bloomberg Crude Oil

Assets under management:

$111 M

Expense ratio:

0.95%

Inception date:

25 November 2008

Last ex-dividend date:

N/A

Next ex-dividend date:

N/A

Description:

The SCO ETF, or ProShares UltraShort Crude Oil, aims to provide double the inverse performance of crude oil prices. It is designed for investors looking to profit from falling oil prices, but it carries high risk and is best suited for short-term trading strategies.
Name
Weight
Net Other Assets (Liabilities)
33.34 %
WTI CRUDE FUTURE Jun25
22.32 %
WTI CRUDE FUTURE Dec25
22.31 %
WTI CRUDE FUTURE Feb25
22.03 %

Holding types

Countries

No data

Sectors

No data

Analyst ratings

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Inverse Oil ETFs to Play as Oil Slips to Lowest Level Since 2021?
Inverse Oil ETFs to Play as Oil Slips to Lowest Level Since 2021?
Inverse Oil ETFs to Play as Oil Slips to Lowest Level Since 2021?
SCO
zacks.com11 September 2024

Oil prices declined more than 3% on Sept. 10, 2024, and fell to the lowest level since 2021 as OPEC lowers demand growth forecast.

SCO: With The OPEC Meeting Behind Us, Oil Prices Will Stay Supported
SCO: With The OPEC Meeting Behind Us, Oil Prices Will Stay Supported
SCO: With The OPEC Meeting Behind Us, Oil Prices Will Stay Supported
SCO
seekingalpha.com04 June 2024

This article analyzes the ProShares UltraShort Bloomberg Crude Oil ETF within the context of the recent OPEC meeting and its impact on oil prices. OPEC+ extended oil production cuts to support prices and government budgets, in a meeting led by Saudi Arabia. This indicates OPEC's commitment to maintaining a certain price floor for oil. SCO is a leveraged short oil fund, not suitable for buy-and-hold investors.

SCO: The 'Short Crude' Play Could Continue To Be Painful
SCO: The 'Short Crude' Play Could Continue To Be Painful
SCO: The 'Short Crude' Play Could Continue To Be Painful
SCO
Seeking Alpha12 March 2024

SCO is a double short instrument that returns double the inverse of crude oil futures contracts. I advise against investing in SCO due to my belief that WTI crude is set to rise in the months ahead. My favorable outlook on crude oil means avoiding SCO is likely the right play. I explain why in this review.

Inverse Crude ETFs Rally Amid Rumors of Potential Ceasefire in Middle East
Inverse Crude ETFs Rally Amid Rumors of Potential Ceasefire in Middle East
Inverse Crude ETFs Rally Amid Rumors of Potential Ceasefire in Middle East
SCO
ETF Trends02 February 2024

Oil futures and ETFs fell sharply on Thursday, while inverse crude ETFs soared amid rumors of there being a chance to mitigate tensions in the Middle East. Crude traders have been observing how issues in the Middle East are playing out.

SCO: Shorting Oil Is Too Crowded Of A Trade
SCO: Shorting Oil Is Too Crowded Of A Trade
SCO: Shorting Oil Is Too Crowded Of A Trade
SCO
Seeking Alpha22 November 2023

ProShares UltraShort Bloomberg Crude Oil ETF is a double short instrument that provides investors with an amplified return on their bet when oil is overbought. Shorting any underlying stock or commodity comes with heightened risks, so caution should be exercised when considering SCO as an investment option. With oil prices dropping and money managers betting on further declines, SCO may seem tempting, but its risks should be carefully considered.

Monetary Tightening Concerns Drive Inverse Crude ETFs Higher
Monetary Tightening Concerns Drive Inverse Crude ETFs Higher
Monetary Tightening Concerns Drive Inverse Crude ETFs Higher
SCO
ETF Trends28 June 2023

Crude oil prices dropped on Tuesday. This pulled crude ETFs lower amid growing concerns that ongoing hawkish monetary tightening will affect global economic activity as the year progresses.

SCO ETF: Assessing The Shorting Opportunity After OPEC+
SCO ETF: Assessing The Shorting Opportunity After OPEC+
SCO ETF: Assessing The Shorting Opportunity After OPEC+
SCO
Seeking Alpha06 June 2023

Saudi Arabia's voluntary production cut of one million bpd at the recent OPEC+ meeting can basically be viewed as attempting to create a floor for crude prices by limiting supply. In addition, there are demand-related factors which favor higher prices. However, a recent trade opportunity to Short the ProShares UltraShort Bloomberg Crude Oil ETF (SCO) has elapsed.

FAQ

  • What is SCO ETF?
  • Does SCO pay dividends?
  • What stocks are in SCO ETF?
  • What is the current assets under management for SCO?
  • What is SCO average volume?
  • What is SCO expense ratio?
  • What is SCO inception date?

What is SCO ETF?

The SCO ETF, or ProShares UltraShort Crude Oil, aims to provide double the inverse performance of crude oil prices. It is designed for investors looking to profit from falling oil prices, but it carries high risk and is best suited for short-term trading strategies.

Does SCO pay dividends?

No, the ProShares UltraShort Bloomberg Crude Oil doesn't pay dividends

What stocks are in SCO ETF?

As of today, ProShares UltraShort Bloomberg Crude Oil inlcudes 4 holdings with the most weighted are Net Other Assets (Liabilities) (33.34%), WTI CRUDE FUTURE Jun25 (22.32%) and WTI CRUDE FUTURE Dec25 (22.31%)

What is the current assets under management for SCO?

Assets under management of ProShares UltraShort Bloomberg Crude Oil is $111 M

What is SCO average volume?

Average volume of ProShares UltraShort Bloomberg Crude Oil is $2 M

What is SCO expense ratio?

Expense ratio of ProShares UltraShort Bloomberg Crude Oil is 0.95%

What is SCO inception date?

Inception date of ProShares UltraShort Bloomberg Crude Oil is 25 November 2008