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 ETF

Why OILK?

  • Provides exposure to crude oil futures in an ETF.

  • Provides streamlined tax reporting for investors because it does not issue a K-1 form.*

  • Offers the liquidity, transparency and cost effectiveness of an ETF.

How to buy
View all Fund detail sections

Why OILK?

  • Provides exposure to crude oil futures in an ETF.

  • Provides streamlined tax reporting for investors because it does not issue a K-1 form.*

  • Offers the liquidity, transparency and cost effectiveness of an ETF.

How to buy

Investment Objective

ProShares K-1 Free Crude Oil ETF seeks investment results, before fees and expenses, that track the performance of the Bloomberg Commodity Balanced WTI Crude Oil IndexSM

Documents & Downloads
Fund Fact Sheet
This links to a pdf file This link opens a new window
Semi Annual Report
This links to a pdf file This link opens a new window
Annual Report
This links to a pdf file This link opens a new window
NAV History
This links to a pdf file This link opens a new window

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

Performance

Growth of $10,000

Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years

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

Month-End Total Returns as of 11/30/2024
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
OILK Market Price -1.48% -3.43% -6.51% 3.92% -0.20% 14.05% -1.68% -- -0.06% 09/26/2016
OILK NAV -0.79% -4.11% -7.05% 2.67% -1.92% 13.96% -1.68% -- -0.15% 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
    0.69%
  • NAV Calculation Time
    2:30 p.m. ET
  • Distributions
    Monthly
  • Options Available
    Yes
Price
as of 12/20/2024
  • NAV
    $43.04
  • NAV Change
    $+0.05 up caret
  • Market Price
    $43.04
  • Market Price Change
    $+0.18 up caret
  • Trading Volume (M)
    14,371
  • 30-Day Median Bid Ask Spread
    0.14%
  • View Premium / Discount
Snapshot
  • Ticker
    OILK
  • Intraday Ticker
    OILK.IV
  • CUSIP
    74347G804
  • Inception Date
    9/26/16
  • Expense Ratio
    0.69%
  • NAV Calculation Time
    2:30 p.m. ET
  • Distributions
    Monthly
  • Options Available
    Yes
Price
as of 12/20/2024
  • NAV
    $43.04
  • NAV Change
    $+0.05 up caret
  • Market Price
    $43.04
  • Market Price Change
    $+0.18 up caret
  • Trading Volume (M)
    14,371
  • 30-Day Median Bid Ask Spread
    0.14%
  • View Premium / Discount

Holdings

as of 12/20/2024

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
33.56% -- WTI CRUDE FUTURE CRUDE OIL 20/MAY/2025 CLM5 COMDTY 26,021,840 -- 382 --
33.36% -- WTI CRUDE FUTURE CRUDE OIL 20/NOV/2025 CLZ5 COMDTY 25,864,610 -- 389 --
33.21% -- WTI CRUDE FUTURE CRUDE OIL 20/FEB/2025 CLH5 COMDTY 25,744,460 -- 373 --
-- -- NET OTHER ASSETS (LIABILITIES) -- $77,531,671.00 77,531,671 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 9/30/2024

  • 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 Excess Return 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

2024
  • 2024
  • 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.

Insights and Research

Get related insights

How Can Investors Gain Exposure to Oil?

ProShares K-1 Free Crude Oil ETF (OILK) offers exposure to oil futures with the liquidity, transparency and cost effectiveness of an ETF. Importantly, it provides that access with streamlined tax reporting.
View the video
Get the latest perspectives and updates.

*Schedule K-1 is the tax reporting form issued by commodities partnerships; the form typically presents additional complexities, including tax filing delays, versus the 1099 Form issued by an ETF registered under the Investment Company Act of 1940. NAV is typically set once a day when underlying securities markets close. Market prices change throughout the trading day. Returns here are based on composite closing prices and do not represent returns at other trading times. The first trading date is typically several days after fund inception, so NAV is used to calculate market returns prior to the first trade date. NAV total returns for the fund are used to calculate Growth of $10,000.

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 capital gain 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 are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

Your use of this site signifies that you accept our Terms and Conditions of Use.