Fund BasicsSee More
- Fund Family ProShares
- Assets Under Management 81,321,400
- Shares Outstanding, K 4,634
- 60-Month Beta -3.74
- Price/Earnings ttm 0.00
- Annual Dividend & Yield N/A (0.00%)
- Most Recent Dividend N/A on N/A
- Management Fee 0.95%
|Period||Period Low||Period High||Performance|
| || |
-0.91 (-5.04%)since 06/29/21
| || |
-6.45 (-27.33%)since 04/29/21
| || |
-47.81 (-73.60%)since 07/29/20
Oil prices have staged a rally lately. But uncertainty about the OPEC+ deal, chances of higher output and the resurgence of the delta variant of Covid have made the space a winner.
In April 2020, crude oil fell below negative $40 per barrel. On June 11, 2021, the energy commodity’s price was over positive $70 per barrel and climbing. The crude oil market is on a bullish staircase...
Bull market corrections can be brutal. Crude oil had been rallying since April 2020. After a correction in early November 2020, the energy commodity made higher lows and higher highs, reaching a peak in...
NASDAQ Down Another 4% as Tech Selloff Continues
NASDAQ Plunges 5% as the Heat Wave Finally Cools Off
Economy Adds Jobs in May and Dow Adds 6.8% This Week
A Familiar Foe Awakens
These ETF strategies should be helpful for investors amid an energy market rout.
Declining demand and OPEC+ producers' inability to crack an output cut deal dragged down oil prices and triggered a price war. These ETFs should be watched closely.
The breakdown of the OPEC+-led output cut program dragged oil prices down while the commodity might see some price gains due to bargain hunting.
|3rd Resistance Point||18.17|
|2nd Resistance Point||17.98|
|1st Resistance Point||17.81|
|1st Support Level||17.45|
|2nd Support Level||17.26|
|3rd Support Level||17.09|