OILU

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

OILU Fund Description

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

OILU Factset Analytics Insight

Like most geared products, OILU 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 OILU for longer periods are exposed to the effects of compounding, and could see returns that vary greatly from 3x exposure. OILU’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, OILU 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. OILU provides the same exposure as sibling WTIU, which is organized as an ETN. OILD is OILU’s 3x-inverse counterpart, while OIIL from Credit Suisse tracks the same index without leverage.

OILU 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
OILU -28.15% -3.37% 23.07% 199.48% -- -- --
OILU (NAV) -28.09% -3.02% 20.50% 194.90% -- -- --
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.

OILU Summary Data

ProShares
03/24/17
Commodities Pool
1.03%
$30.12M
0.08%

OILU Portfolio Data

--
06/20/18

OILU Index Data

Single Asset
Single Asset
N/A

OILU Fund Structure

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

OILU 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

OILU 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 OILU. OILU is rated a N/A out of 5.

OILU Tradability

239,257
$12.51M
206,585
$11.37M
0.08%
$0.04
-0.07%
2.86% / -3.97%
None
0.00%
50,000
4.13
0.01%
--
1,826
$45.53
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.