ProShares Ultra Bloomberg Crude Oil ETF (UCO) has gained 130% year to date, benefiting from a strong rise in WTI crude prices and a balanced futures basket that reduces typical leveraged fund losses. This fund uses leverage on a smoothed futures curve, offering amplified exposure to oil price moves but comes with risks like leverage decay, futures structure shifts, and complex tax treatment. While UCO can double again if oil prices surge due to geopolitical tensions, it is best suited for short-term tactical trades rather than long-term holds. Investors seeking steady energy exposure with dividends might prefer energy stock ETFs like XLE instead.
State Street Investment Management has filed for four new ETFs targeting the energy, technology, consumer staples, and consumer discretionary sectors. These new ETFs differ from existing ones by using uncapped S&P 500 sector indexes, allowing more co...
The Q2 2026 earnings season is expected to show strong growth with the S&P 500 projected to deliver a 23.3% earnings increase, led by technology and energy sectors. Tech gains are fueled by AI investments and semiconductor demand, while energy benefi...
