ProShares UltraShort Bloomberg Crude Oil company info

What does ProShares UltraShort Bloomberg Crude Oil do?
ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO) is an exchange-traded fund designed to provide returns that are inversely proportional to the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. Essentially, it aims to offer investors a way to profit from or hedge against declines in the oil market. The fund operates by engaging in futures contracts and other oil-related financial instruments. Its objectives are to meet short-term goals for traders looking to capitalize on the volatility of crude oil prices, making it a specialized tool for sophisticated investment strategies. Engaging with this instrument can be seen as a way to navigate the complexities and fluctuations inherent in global energy markets.
ProShares UltraShort Bloomberg Crude Oil company media
Company Snapshot

Is ProShares UltraShort Bloomberg Crude Oil a public or private company?

key
Ownership
Public

How many people does ProShares UltraShort Bloomberg Crude Oil employ?

people
Employees
155

What sector is ProShares UltraShort Bloomberg Crude Oil in?

pie chart
Sector
ETF

Where is the head office for ProShares UltraShort Bloomberg Crude Oil?

location pin
Head Office
Bethesda, United States

What year was ProShares UltraShort Bloomberg Crude Oil founded?

founded flag
Year Founded
2008
What does ProShares UltraShort Bloomberg Crude Oil specialise in?
/Leveraged ETF /Commodity Trading /Oil Investment /Market Exposure /Financial Derivatives /Risk Management

What are the products and/or services of ProShares UltraShort Bloomberg Crude Oil?

Overview of ProShares UltraShort Bloomberg Crude Oil offerings
Leveraged exposure to the inverse of the daily performance of the Bloomberg Crude Oil Subindex.
Derivative instruments including futures contracts and swaps to achieve its investment objective.
Opportunities for short-term traders looking for a way to profit from decreases in the crude oil market.
Potential for significant gains (or losses) in a short period due to the leveraged and inverse nature of the ETF.
Daily rebalancing to maintain the desired level of exposure, which can lead to compounding effects.
Provides liquidity and access to the crude oil market without requiring investors to trade futures contracts directly.