OILK
K-1 Free Crude Oil Strategy ETF
Why Invest in OILK?
-
Provides streamlined tax reporting for investors because it does not issue a K‑1 form.
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The fund’s benchmark is an index of crude oil futures contracts.
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It is not intended to track the performance of the spot price of WTI crude oil.
-
It should be expected to perform very differently from the spot price of WTI crude oil.
Why Invest in OILK?
-
Provides streamlined tax reporting for investors because it does not issue a K‑1 form.
-
The fund’s benchmark is an index of crude oil futures contracts.
-
It is not intended to track the performance of the spot price of WTI crude oil.
-
It should be expected to perform very differently from the spot price of WTI crude oil.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| OILK Market Price | -3.99% | 3.52% | 12.76% | 8.43% | 7.26% | 44.26% | -4.30% | -- | 0.67% | 09/26/2016 |
| OILK NAV | -4.43% | 3.16% | 12.15% | 7.98% | 6.74% | 43.88% | -4.44% | -- | 0.60% | 09/26/2016 |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| OILK Market Price | 5.41% | 23.38% | 19.03% | 12.93% | 22.44% | 40.56% | -5.71% | -- | 1.26% | 09/26/2016 |
| OILK NAV | 5.23% | 23.21% | 18.81% | 12.98% | 22.55% | 40.23% | -5.70% | -- | 1.26% | 09/26/2016 |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker OILK
- Intraday Ticker OILK.IV
- CUSIP 74347G804
- Inception Date 9/26/16
- Expense Ratio 0.71%
- NAV Calculation Time 2:30 p.m. ET
- Distributions Monthly
Characteristics
as of 10/31/2023- Number of Companies --
- Price/Earnings Ratio --
- Price/Book Ratio --
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Distribution Yield --
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap --
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
- SEC 30-Day Yield 3.77%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Weighted Average Yield to
Maturity -- - Net Effective Duration --
Price
as of 12/05/2023- NAV $42.73
- NAV Change $-0.51
- Market Price $42.72
- Market Price Change $-0.64
- Trading Volume (M) 27,846
- 30-Day Median Bid Ask Spread 0.09%
- View Premium / Discount
Snapshot
- Ticker OILK
- Intraday Ticker OILK.IV
- CUSIP 74347G804
- Inception Date 9/26/16
- Unitary Expense Ratio 0.71%
- NAV Calculation Time 2:30 p.m. ET
- Distributions Monthly
Characteristics
as of 10/31/2023- Number of Companies --
- Price/Earnings Ratio --
- Price/Book Ratio --
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Distribution Yield --
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap --
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
- SEC 30-Day Yield 3.77%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Weighted Average Yield to Maturity --
- Net Effective Duration --
Price
as of 12/05/2023- NAV $42.73
- NAV Change $-0.51
- Market Price $42.72
- Market Price Change $-0.64
- Trading Volume (M) 27,846
- 30-Day Median Bid Ask Spread 0.09%
- View Premium / Discount
Holdings
as of 12/05/2023
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 34.29% | -- | WTI CRUDE FUTURE CRUDE OIL 20/NOV/2024 CLZ4 COMDTY CURNCY | 40,792,240 | -- | 571 | -- |
| 33.67% | -- | WTI CRUDE FUTURE CRUDE OIL 21/MAY/2024 CLM4 COMDTY CURNCY | 40,062,000 | -- | 550 | -- |
| 32.08% | -- | WTI CRUDE FUTURE CRUDE OIL 20/FEB/2024 CLH4 COMDTY | 38,167,500 | -- | 525 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $118,968,249.40 | 118,968,249 | -- |
Index
as of 9/29/2023
- Total Number of Companies3
- Price/Earnings Ratio--
- Price/Book Ratio--
- Dividend Yield ( % )--
- Avg. Index Market Capitalization--
About the Index
The Bloomberg Commodity Balanced WTI Crude Oil Index (ticker: BCBCLI Index) aims to track the performance of 3 separate contract schedules for WTI Crude Oil futures. One third of the index follows a monthly roll schedule, the second third of the index follows a June annual roll schedule, while the remaining third follows a December annual roll schedule.
The Index weights are equally reset semi-annually in the months of March and September on close of the first Business Day. To maintain the long position of the basket, contracts are ‘rolled’ from the expiring futures contract to a new contract farther down the futures curve with a longer expiry date. All commodities will roll on the second and the third Business Day of each calendar month.
Distributions
For
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
For more information on dividend distributions for this fund please see our frequently asked questions.