OILD

ProShares UltraPro 3x Short Crude Oil ETF

OILD Fund Description

The ProShares UltraPro 3x Short Crude Oil ETF provides daily -3x inverse exposure to an index of WTI crude oil futures contracts.

OILD Factset Analytics Insight

Like most geared products, OILD is intended as a trading tool, not a buy-and-hold investment. The fund provides -3x exposure to its index for a one-day period. The daily reset function means investors holding OILD for longer periods are exposed to the effects of compounding, and could see returns that vary greatly from -3x exposure. OILD’s Bloomberg index tracks WTI crude contracts that are rolled every other month, striking a balance between spot-price sensitivity, turnover, and contango effects.
As a commodity pool, OILD will issue a K-1 form at tax time. Taxable investors will pay a blended rate (60% LT/40% ST) on capital gains, realized or not. OILD provides the same exposure as sibling WTID, which is organized as an ETN. OILU is OILD’s 3x-long counterpart, while OIIL from Credit Suisse tracks the same index without leverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
----
----
----
----
BIDS----
----
----
----
----
LAST 10 TRADES
TIMEPRICESHARES
15:59:178.75100
15:59:028.75100
15:51:138.74100
15:20:538.72100
14:49:008.76200
14:25:528.80100
14:10:488.81100
13:10:458.92100
13:07:138.93100
13:01:238.95100
Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

OILD Factset Analytics Block Liquidity

As of 01/12/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of OILD. OILD is rated a N/A out of 5.

OILD Summary Data

ProShares
03/24/17
Commodities Pool
1.10%
$23.22M
0.15%

OILD Portfolio Data

--
12/26/17

OILD Index Data

Single Asset
Single Asset
N/A

OILD Fund Structure

No
N/A
No Policy
N/A
N/A
High
-3
Daily

OILD Tax Exposures

27.84%
--
Yes

OILD Tradability

362,699
$4.33M
330,461
$3.88M
0.15%
0.12%
2.25% / -1.38%
None
50,000
6.61
0.04%
--
$8.99
N/A