Terms of use

Terms of Use

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SCO ProShares Trust II - ProShares UltraShort Bloomberg Crude Oil
ProShares UltraShort Bloomberg Crude Oil ETF logo

ProShares Trust II - ProShares UltraShort Bloomberg Crude Oil is an exchange traded fund launched by ProShare Capital Management LLC. The fund is co-managed by ProFund Advisors LLC and ProShare Advisors LLC. It invests in the commodity markets. The fund takes short positions and uses derivatives such as futures contracts to invest in WTI light, sweet crude oil. It seeks to track -2x the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. ProShares Trust II - ProShares UltraShort Bloomberg Crude Oil was formed on November 24, 2008 and is domiciled in the United States.