Key stats
About PROSHARES TRUST II
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Inception date
Nov 25, 2008
Structure
Commodities Pool
Replication method
Synthetic
Distributes
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Tax on distributions
No distributions
UCO seeks double the return of its futures-based index on a daily basisreflecting 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.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Displays a symbol's price movements over previous years to identify recurring trends.