ProShares K-1 Free Crude Oil ETF (OILK) belongs to the Oil & Gas category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OILK. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OILK
OILK charges 0.69% annually. No ETFs in the Oil & Gas category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.78%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco DB Energy Fund | 0.78% | 99.84M | Jan 2007 | OILK vs DBE | |
| Invesco DB Oil Fund | 0.78% | 257.23M | Jan 2007 | OILK vs DBO | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 0.85% | 254.25M | Apr 2017 | OILK vs USOI | |
| United States Oil Fund LP | 0.86% | 1.99B | Apr 2006 | OILK vs USO | |
| United States 12 Month Natural Gas Fund LP | 0.90% | 16.16M | Nov 2009 | OILK vs UNL |
Best Risk-Adjusted Alternatives to OILK
OILK has a PortfoliosLab risk / return rank of 42. There are 6 ETFs in the Oil & Gas category with higher risk-adjusted ranks, going as high as 83.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund, LP | 83 | 135.15M | Feb 2008 | OILK vs UGA | |
| Invesco DB Energy Fund | 66 | 99.84M | Jan 2007 | OILK vs DBE | |
| MicroSectors Oil & Gas Exploration & Production 3X... | 56 | 65.33M | Nov 2021 | OILK vs OILU | |
| Invesco DB Oil Fund | 51 | 257.23M | Jan 2007 | OILK vs DBO | |
| United States Oil Fund LP | 49 | 1.99B | Apr 2006 | OILK vs USO |
Top Performing OILK Alternatives (YTD)
OILK is at 47.49% YTD. There are 7 ETFs in the Oil & Gas category with higher YTD returns, going as high as 95.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 95.50% | 421.22M | Nov 2008 | OILK vs UCO | |
| MicroSectors Oil & Gas Exploration & Production 3X... | 87.02% | 65.33M | Nov 2021 | OILK vs OILU | |
| United States Gasoline Fund, LP | 80.98% | 135.15M | Feb 2008 | OILK vs UGA | |
| United States Oil Fund LP | 76.58% | 1.99B | Apr 2006 | OILK vs USO | |
| Invesco DB Energy Fund | 71.26% | 99.84M | Jan 2007 | OILK vs DBE |
Lowest Volatility Alternatives to OILK
OILK has 30.24% 1-year volatility. There are 2 ETFs in the Oil & Gas category with lower 1-year volatility, going as low as 24.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 24.68% | 254.25M | Apr 2017 | OILK vs USOI | |
| United States 12 Month Oil Fund, LP | 29.96% | 44.96M | Dec 2007 | OILK vs USL | |
| United States 12 Month Natural Gas Fund LP | 34.80% | 16.16M | Nov 2009 | OILK vs UNL | |
| United States Gasoline Fund, LP | 36.42% | 135.15M | Feb 2008 | OILK vs UGA | |
| Invesco DB Energy Fund | 37.66% | 99.84M | Jan 2007 | OILK vs DBE |
Lowest Drawdown Alternatives to OILK
OILK has a 1-year max drawdown of -21.19%. There are 2 ETFs in the Oil & Gas category with shallower 1-year drawdowns, going as shallow as -20.32%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund, LP | -20.32% | 135.15M | Feb 2008 | OILK vs UGA | |
| United States 12 Month Oil Fund, LP | -20.91% | 44.96M | Dec 2007 | OILK vs USL | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -23.54% | 254.25M | Apr 2017 | OILK vs USOI | |
| Invesco DB Energy Fund | -24.72% | 99.84M | Jan 2007 | OILK vs DBE | |
| Invesco DB Oil Fund | -27.73% | 257.23M | Jan 2007 | OILK vs DBO |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 45 | 29.42% | 32.83B | Feb 2010 | OILK vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 48 | 23.13% | 12.76B | Jun 2006 | OILK vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -28.40% | 1.41B | Oct 2021 | OILK vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 65 | 26.96% | 5.15B | Jun 2009 | OILK vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 67 | 19.52% | 7.81B | Jun 2006 | OILK vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 58 | 55.27% | 2.47B | Jan 2007 | OILK vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 51 | 11.50% | 11.68B | Oct 2013 | OILK vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -38.05% | 2.00B | Feb 2010 | OILK vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 52 | 11.89% | 394.37M | Mar 2024 | OILK vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -36.18% | 244.68M | Oct 2011 | OILK vs UVXY |
Often Compared With OILK
Investors most often compare OILK with GUSH, WTMF, AMOM. These 20 comparison targets span 19 categories, based on PortfoliosLab usage data.
Compare OILK with Any Fund or Stock
Compare OILK with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OILK with funds that move differently
ProShares K-1 Free Crude Oil ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OILK.
Explore OILK Diversifiers