Скачать или смотреть ProShares UltraShort Bloomberg Crude Oil ETF: $SCO

The ProShares UltraShort Bloomberg Crude Oil ETF, ticker symbol SCO, is an exchange-traded fund (ETF) that aims to provide investors with a way to bet against the price of crude oil. The ETF is designed to provide a return that is -2x the daily return of the Bloomberg WTI Crude Oil Subindex. In other words, if the price of crude oil falls by 1% in a day, the SCO ETF is designed to rise by 2%. Conversely, if the price of crude oil rises by 1% in a day, the SCO ETF is designed to fall by 2%.

SCO is considered as a leveraged ETF, which means it uses financial derivatives and debt to amplify the returns of an underlying index. This can provide higher potential returns, but it also increases the risk for investors. Leveraged ETFs are typically used by short-term traders, rather than long-term investors.

The ETF is based on the price of West Texas Intermediate (WTI) crude oil, which is a benchmark for the price of oil in the United States. WTI crude oil is considered a light, sweet crude oil, which means it has a low density and a low sulfur content. It is widely used as a benchmark for the price of oil in North America.

Investors in the SCO ETF can gain exposure to the price of crude oil without having to physically purchase and store oil. This can be a more convenient and cost-effective way to invest in the oil market. However, it's important to note that the ETF's value is affected by more than just the price of oil, as it also takes into account the cost of the ETF's expenses and the performance of the derivatives that the ETF uses to achieve its -2x daily return.

One key thing to keep in mind when investing in SCO is that leveraged ETFs are designed to be held for a single day, and the returns can vary greatly over longer periods of time. The fund's returns over time can deviate from the -2x return of the underlying index. This deviation can be caused by a variety of factors, including changes in the underlying index, changes in the fund's expenses, and changes in the value of the derivatives used by the fund.

In summary, the ProShares UltraShort Bloomberg Crude Oil ETF (SCO) is a leveraged ETF that aims to provide investors with a way to bet against the price of crude oil. It is based on the price of West Texas Intermediate (WTI) crude oil and is designed to provide a return that is -2x the daily return of the Bloomberg WTI Crude Oil Subindex. However, leveraged ETFs are designed to be held for a single day, and the returns can vary greatly over longer periods of time. Investors should be aware of the risks involved with investing in leveraged ETFs before investing.