What is OILK?

OILK tracks an index holding three separate contracts at equal-weighting with different roll schedules.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OILK -4.42% -12.71% 24.82% 34.85% -4.38% -2.86% --
OILK (NAV) -4.54% -13.15% 24.76% 33.60% -4.30% -2.94% --
S&P GSCI Crude Oil -9.81% -16.24% 24.08% 33.77% -3.93% -2.13% -10.49%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

OILK Factset Analytics Insight

OILK holds WTI oil futures in an open-ended ETF wrapper. The underlying index provides equal exposure to three separate WTI Oil futures at each semi-annual reset in March and September. The portfolio exposure is divided into thirds. The first portion follows a monthly roll schedule while the second and third portion holds June and December contracts that are rolled annually each March and September, respectively. OILK is organized as an open-ended ETF, rather than a commodities pool, so investors avoid receiving a complicated K-1 form at tax time. The fund pulls this off by getting its oil futures exposure through a wholly-owned Cayman Islands subsidiary, an increasingly common structure in the commodity space. Prior to May 17, 2021, the fund was actively managed.

OILK Summary Data

ProShares
09/26/16
0.67%
$92.31M
S&P GSCI Crude Oil
Open-Ended Fund

Peers

S&P GSCI Crude Oil

Fund Flows

+$0.00B 5 Days
+$0.01B 30 Days
+$0.01B 90 Days

OILK Portfolio Data

Futures
Laddered
N/A
--

OILK Index Data

Single Asset
Single Asset
S&P GSCI Crude Oil

OILK Portfolio Management

0.67%
--
--
--

OILK Tax Exposures

20.00% / 39.60%
--
No

OILK Fund Structure

Open-Ended Fund
Yes
No
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 11/30/22

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

OILK Tradability

63,712
$2.88M
37,063
$1.68M
0.27%
$0.12
0.00%
1.55% / -2.61%
None
100.00%
25,000
1.48
0.02%
--
258
$43.67
5

OILK Top 10 Targeted Commodity Weights

100.00%
100.00%

OILK Performance Statistics

0.95
0.83
--
--
0.00%

OILK Tenor Strategy

OILK's portfolio is divided into thirds. The first portion follows a monthly roll schedule while the second and third portion holds June and December contracts that are rolled annually each March and September, respectively.

OILK Rolling Strategy

OILK rolls three equally-weighted WTI Oil futures contract monthly and anually.