Symbols

UCO

ProShares Ultra Bloomberg Crude Oil·ARCA

--(--)

Key Stats

Assets Under Management

392.90MUSD

Fund Flows (1Y)

-37.93MUSD

Dividend Yield

Discount/Premium to NAV

-0.06%

Shares Outstanding

20.50M

Expense Ratio

1.43%

About ProShares Ultra Bloomberg Crude Oil

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/leveraged-and-inverse/uco

Inception Date

Nov 24, 2008

Structure

Commodities Pool

Index Tracked

Bloomberg Commodity Balanced WTI Crude Oil Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

No distributions

Income Tax Type

60/40

Max ST Capital Gains Rate

27.84%

Max LT Capital Gains Rate

27.84%

Primary Advisor

ProShare Advisors LLC

Distributor

SEI Investments Distribution Co.

UCO seeks double the return of its futures-based index on a daily basis—reflecting both the returns due to price changes on WTI futures contracts as well as any return (positive or negative) from "rolling” those futures contracts. As a geared product, UCO is designed for a one-day holding period, it's not appropriate for buy-and-hold investors. Daily compounding can lead to the fund's returns varying significantly from those of the index over holding periods of greater than one day. UCO is a great choice for a leveraged energy play.