PLEASE NOTE: 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 and should be expected to perform very differently from the spot price of WTI crude oil.

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.

  • 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.

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.

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

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 -5.76% -13.43% 8.81% 33.31% 49.11% -1.91% 1.83% -- 0.18% 09/26/2016
OILK NAV -5.86% -12.61% 9.30% 34.36% 49.47% -1.80% 1.86% -- 0.24% 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
  • Unitary Expense Ratio 0.67%
  • NAV Calculation Time 2:30 p.m. ET
  • Distributions Monthly
Price
as of 9/23/2022
  • NAV $41.60
  • NAV Change $-2.28 down caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.22%
  • View Premium / Discount
Snapshot
  • Ticker OILK
  • Intraday Ticker OILK.IV
  • CUSIP 74347G804
  • Inception Date 9/26/16
  • Unitary Expense Ratio 0.67%
  • NAV Calculation Time 2:30 p.m. ET
  • Distributions Monthly
Price
as of 9/23/2022
  • NAV $41.60
  • NAV Change $-2.28 down caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.22%
  • View Premium / Discount

Holdings

as of 9/23/2022

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
33.41% -- WTI CRUDE FUTURE CRUDE OIL 21/NOV/2022 CLZ2 COMDTY 27,231,000 -- 348 --
33.35% -- WTI CRUDE FUTURE CRUDE OIL 20/NOV/2023 CLZ3 COMDTY 27,175,680 -- 384 --
33.27% -- WTI CRUDE FUTURE CRUDE OIL 22/MAY/2023 CLM3 COMDTY 27,113,960 -- 367 --
-- -- NET OTHER ASSETS (LIABILITIES) -- $81,497,664.79 81,497,665 --

Index

  • Total Number of Companies3
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

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

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For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

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.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Read information about NAV and intraday value (IOPV/IIV) calculations.

Investing involves risk, including the possible loss of principal. ProShares ETFs are generally non-diversified and each entails certain risks, including risks associated with the use of derivatives (swap agreements, futures contracts and similar instruments), leverage and market price variance, all of which can increase volatility and decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

Investing in the energy industry is prone to significant volatility resulting from dramatic changes in commodities prices. There are additional risks related to large institutional purchases or sales, changes in exchange rates, government regulation, world events, economic and political conditions in the countries where energy companies are located or do business, and risks for environmental damage claims.

Certain derivative instruments will subject the fund to counterparty risk and credit risk, which could result in significant losses for the fund.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

"Bloomberg®" and "Bloomberg Commodity Balanced WTI Crude Oil Index" are trademarks or service marks of Bloomberg Finance L.P. and its affiliates (collectively, "Bloomberg") and have been licensed for use for certain purposes by ProShares. Neither Bloomberg nor UBS Securities LLC and its affiliates (collectively, "UBS") are affiliated with ProShares. ProShares have not been passed on by Bloomberg or UBS as to their legality or suitability. ProShares based on the Bloomberg WTI Crude Oil Subindex are not sponsored, endorsed, sold or promoted by Bloomberg or UBS, and they make no representation regarding the advisability of investing in ProShares. BLOOMBERG AND UBS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES. Neither Bloomberg nor UBS guarantees the timeliness, accurateness, or completeness of any data or information relating to Bloomberg WTI Crude Oil Subindex.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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