ProShares Ultra Bloomberg Crude Oil (UCO)Trading--Leveraged Commodities | Exchange Traded Fund | NYSEArca
42.58 USD
-0.11
(-0.258%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 42.25 -0.33 (-0.330%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:02 a.m. EDT
The 2x leveraged nature of this crude oil ETF makes it a dangerous instrument for holding, especially given the brutal multi-year decline. Over the last nine years, the asset has lost over 82% of its value, with the last three years showing consecutive negative returns. This structural deterioration suggests the market views the underlying commodity trend as fundamentally broken for now. While recent price action shows a bounce off the lows, the technical setup remains precarious with the price hovering just above the 50-day moving average but well below the 200-day line. Options data confirms this fear, with traders dumping billions of dollars worth of put volume to protect against further drops. There is no dividend to cushion the blow, and the lack of a reliable statistical forecast adds to the uncertainty. This is a speculative vehicle for tactical, short-term trades only, not a long-term investment. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.164876 |
| AutoETS | 0.166953 |
| MSTL | 0.179889 |
| AutoTheta | 0.218116 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 0.49 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.405 |
| Excess Kurtosis | -0.97 |
As of Aug. 22, 2026, 5:02 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (7.5k vs 3.0k volume in September; 12.6k vs 162 volume in October). Call activity is concentrated near the money and slightly out-of-the-money, but put volume significantly outweighs call volume across all expirations, indicating a heavy hedge or bearish bet on continued oil weakness.
| Attribute | Value |
|---|---|
| All Time High | 6,760.0 |
| All Time Low | 2.75 |
| Ask | 42.44 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 2,465,540 |
| Average Daily Volume3 Month | 3,029,640 |
| Average Volume | 3,029,640 |
| Average Volume10Days | 2,465,540 |
| Beta3 Year | 2.72 |
| Bid | 42.67 |
| Bid Size | 400 |
| Category | Trading--Leveraged Commodities |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 42.72 |
| Day Low | 41.67 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 38.8104 |
| Fifty Day Average Change | 3.7696037 |
| Fifty Day Average Change Percent | 0.097128704 |
| Fifty Two Week Change Percent | 74.38725 |
| Fifty Two Week High | 52.94 |
| Fifty Two Week High Change | -10.359997 |
| Fifty Two Week High Change Percent | -0.19569318 |
| Fifty Two Week Low | 18.12 |
| Fifty Two Week Low Change | 24.460001 |
| Fifty Two Week Low Change Percent | 1.3498896 |
| Fifty Two Week Range | 18.12 - 52.94 |
| First Trade Date Milliseconds | 1,227,623,400,000 |
| Five Year Average Return | 0.1875765 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.109997 |
| Fullday Change Percent | -0.257664 |
| Fullday Price | 42.25 |
| Fund Family | ProShares |
| Fund Inception Date | 1,227,484,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | ProShares Ultra Bloomberg Crude Oil |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_51150698 |
| Nav Price | 42.059 |
| Net Assets | 421,217,088.0 |
| Net Expense Ratio | 1.47 |
| Open | 41.76 |
| Phone | 240-497-6400 |
| Post Market Change | -0.33000183 |
| Post Market Change Percent | -0.775016 |
| Post Market Price | 42.25 |
| Post Market Time | 1,787,961,548 |
| Previous Close | 42.69 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.109997 |
| Regular Market Change Percent | -0.257664 |
| Regular Market Day High | 42.72 |
| Regular Market Day Low | 41.67 |
| Regular Market Day Range | 41.67 - 42.72 |
| Regular Market Open | 41.76 |
| Regular Market Previous Close | 42.69 |
| Regular Market Price | 42.58 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 1,633,225 |
| Short Name | ProShares Ultra Bloomberg Crude |
| Source Interval | 15 |
| Symbol | UCO |
| Three Year Average Return | 0.1259089 |
| Total Assets | 421,217,088 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -15.42607 |
| Trailing Three Month Returns | -15.42607 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.5499 |
| Two Hundred Day Average Change | 9.030102 |
| Two Hundred Day Average Change Percent | 0.26915437 |
| Type Disp | ETF |
| Volume | 1,633,225 |
| Yield | 0.0 |
| Ytd Return | 108.96798 |