ProShares K-1 Free Crude Oil Strategy ETF (OILK)

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The chart shows the growth of an initial investment of $10,000 in ProShares K-1 Free Crude Oil Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

ProShares K-1 Free Crude Oil Strategy ETF (OILK) has returned 46.13% so far this year and 28.65% over the past 12 months.

Based on dividend-adjusted daily data since Sep 28, 2016, OILK's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, your investment would double in approximately 6.7 years.

Historically, 56% of months were positive and 44% were negative. The best month was May 2020 with a return of +33.9%, while the worst month was Mar 2020 at -54.7%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 5 months.

On a daily basis, OILK closed higher 53% of trading days. The best single day was Apr 2, 2020 with a return of +17.6%, while the worst single day was Apr 21, 2020 at -27.2%.

ProShares K-1 Free Crude Oil Strategy ETF has an annualized alpha of 2.11%, beta of 0.56, and R² of 0.08 versus S&P 500 Index. Calculated based on daily prices since September 29, 2016.

• This ETF participated in 110.21% of S&P 500 Index downside but only 72.49% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.56 may look defensive, but with R² of 0.08 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.08 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

OILK has an expense ratio of 0.68%, placing it in the medium range.

OILK ranks 52 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for ProShares K-1 Free Crude Oil Strategy ETF (OILK) and compare them to a chosen benchmark (S&P 500 Index).

ProShares K-1 Free Crude Oil Strategy ETF provided a 2.67% dividend yield over the last twelve months, with an annual payout of $1.45 per share.

The table displays the monthly dividend distributions for ProShares K-1 Free Crude Oil Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the ProShares K-1 Free Crude Oil Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ProShares K-1 Free Crude Oil Strategy ETF was 83.76%, occurring on Apr 28, 2020. The portfolio has not yet recovered.

The current ProShares K-1 Free Crude Oil Strategy ETF drawdown is 12.04%.

The chart below shows the rolling one-month volatility.