OILK ProShares K-1 Free Crude Oil Strategy ETF
What is OILK?
OILK tracks an index holding three separate contracts at equal-weighting with different roll schedules.
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
OILK Portfolio Data
OILK Index Data
OILK Portfolio Management
OILK Tax Exposures
OILK Fund Structure
Factset Analytics Block Liquidity
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 Top 10 Targeted Commodity Weights
OILK Performance Statistics
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.