OILD

ProShares UltraPro 3x Short Crude Oil ETF
*Unless otherwise stated, data provided by FactSet.

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.

OILD CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/21/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OILD 32.16% -21.03% -35.98% -79.95% -- -- --
OILD (NAV) 32.01% -10.00% -34.74% -79.62% -- -- --
Bloomberg WTI Crude Oil Subindex Total Return -9.71% 1.00% 10.26% 54.02% -11.84% -15.45% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

OILD Summary Data

ProShares
03/24/17
Commodities Pool
1.10%
$19.68M
0.09%

OILD Portfolio Data

--
06/20/18

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% / 27.84%
--
Yes
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

OILD Factset Analytics Block Liquidity

As of 06/22/18
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 Tradability

492,129
$12.35M
480,073
$11.04M
0.09%
$0.02
0.07%
4.09% / -2.89%
None
0.00%
50,000
9.60
0.02%
--
1,045
$27.62
N/A

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.