ProShares K-1 Free Crude Oil ETFProShares K-1 Free Crude Oil ETFProShares K-1 Free Crude Oil ETF

ProShares K-1 Free Crude Oil ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪74.73 M‬USD
Fund flows (1Y)
‪−30.30 M‬USD
Dividend yield (indicated)
4.80%
Discount/Premium to NAV
−0.09%
Shares outstanding
‪1.83 M‬
Expense ratio
0.69%

About ProShares K-1 Free Crude Oil ETF


Issuer
ProShare Advisors LLC
Brand
ProShares
Home page
Inception date
Sep 26, 2016
Structure
Open-Ended Fund
Index tracked
Bloomberg Commodity Balanced WTI Crude Oil Index
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
OILK holds WTI oil futures in an open-ended ETF wrapper. The underlying index provides equal exposure to three separate WTI Oil futures at each semi-annual reset in March and September. The portfolio exposure is divided into thirds. The first portion follows a monthly roll schedule while the second and third portion holds June and December contracts that are rolled annually each March and September, respectively. OILK is organized as an open-ended ETF, rather than a commodities pool, so investors avoid receiving a complicated K-1 form at tax time. The fund pulls this off by getting its oil futures exposure through a wholly-owned Cayman Islands subsidiary, an increasingly common structure in the commodity space. Prior to May 17, 2021, the fund was actively managed. Before September 27, 2024, the fund was named ProShares K-1 Free Crude Oil Strategy ETF.

Broaden your horizons with more funds linked to OILK via country, focus, and more.

Classification


Asset Class
Commodities
Category
Energy
Focus
Crude oil
Niche
Laddered
Strategy
Laddered
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OILK trades at 41.26 USD today, its price has risen 1.04% in the past 24 hours. Track more dynamics on OILK price chart.
OILK net asset value is 41.55 today — it's risen 4.39% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
OILK assets under management is ‪74.73 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
OILK price has risen by 5.37% over the last month, and its yearly performance shows a −14.98% decrease. See more dynamics on OILK price chart.
NAV returns, another gauge of an ETF dynamics, showed a 13.11% increase in three-month performance and has decreased by −11.18% in a year.
OILK fund flows account for ‪−30.30 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OILK invests in cash. See more details in our Analysis section.
OILK expense ratio is 0.69%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, OILK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, OILK technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OILK shows the sell signal. See more of OILK technicals for a more comprehensive analysis.
Yes, OILK pays dividends to its holders with the dividend yield of 4.80%.
OILK trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
OILK shares are issued by ProShare Advisors LLC
OILK follows the Bloomberg Commodity Balanced WTI Crude Oil Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 26, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.