(OILK) ProShares K-1 Free Crude - BATS
ETF Category: Commodities Focused | Exchange: BATS (USA) | Market Cap: 280m USD | Total Return: 35.6% in 12m
Avg Turnover: 11.3M
Warnings
No concerns identified
Tailwinds
Idiosyncratic Leader
The ProShares K-1 Free Crude Oil Strategy ETF (OILK) tracks the performance of West Texas Intermediate (WTI) crude oil futures through a diversified rolling schedule. The fund utilizes three separate contract schedules to mitigate the impact of contango, a market condition where futures prices exceed expected spot prices, leading to potential roll yield losses. Unlike many commodity funds, OILK is structured to provide exposure to oil prices without issuing a Schedule K-1 tax form, simplifying tax reporting for shareholders.
The energy sector often exhibits high volatility driven by geopolitical shifts, OPEC+ production quotas, and global industrial demand. By investing in financial instruments tied to WTI, the benchmark for U.S. light sweet crude, the fund provides a liquid proxy for physical oil markets. Investors should examine the historical tracking error and expense ratios on ValueRay to better understand the funds long-term efficiency. This strategy allows for tactical positioning in energy markets without the logistical requirements of physical commodity storage.
- WTI crude oil futures price volatility dictates net asset value
- Rolling front-month futures contracts create exposure to contango and backwardation
- Global crude oil supply levels impact underlying commodity futures pricing
- Shifts in Federal Reserve interest rate policy influence dollar-denominated oil prices
- Geopolitical instability in energy-producing regions drives crude oil market speculation
As of June 14, 2026, the stock is trading at USD 53.41 with a total of 196,918 shares traded.
Over the past week, the price has changed by -3.19%,
over one month by -6.18%,
over three months by +4.39% and
over the past year by +35.55%.
ProShares K-1 Free Crude has no consensus analysts rating.