Proshares 2x Short Oil ETF (NYSE:SCO) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones—AIG Crude Oil Sub-Index ; a sub-index of DJ—AIG Commodity Index NYMEX Crude Oil (Symbol:DJAIGCL) is intended to reflect the crude oil segment of the commodities market. The Dow Jones—AIG Commodity Index is valued using the settlement prices for the underlying futures contracts. The DJ—AIGCI rolls its contracts over the course of 5 consecutive business days, starting on the 6th business day of the month. Each day, 20% of each futures position that is included in the month’s roll is rolled. Not all contracts are rolled every month. Shorts these holdings. Futures numbers
Comparing the Dollar to SCO
PERF Chart Comparing Shorting Oil with SCO vs Us Dollar Index
Note: The USD Index measures the performance of the US Dollar against a basket of currencies: EUR, JPY, GBP, CAD, CHF and SEK
Google: DJAIGCL SCO
Energy Information Administration Swaps and Futures Contracts Explainations
Other ETF's and ETN's
|Bulls ||Bears |
United States Oil Fund, LP ETF (USO)
United States 12 Month Oil Fund, LP ETF (USL)
Claymore MACROshares Oil Up Tradeable ETF (UCR)
PowerShares DB Oil Fund ETF (DBO)
ProShares Ultra DJ-AIG Crude Oil ETF (UCO)
iPath S&P GSCI Crude Oil Total Return Index ETN (OIL)
PowerShares DB Crude Oil Long ETN (OLO)
PowerShares DB Crude Oil Double Long ETN (DXO)
PowerShares DB Crude Oil ETN (SZO)
| PowerShares DB Crude Oil Double Short ETN (DTO) |
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