ProShares K-1 Free Crude Oil Strategy 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 0.68% annually. No ETFs in the Oil & Gas category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.75%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund LP | 0.75% | 118.98M | Feb 2008 | OILK vs UGA | |
| Invesco DB Oil Fund | 0.78% | 240.68M | Jan 2007 | OILK vs DBO | |
| Invesco DB Energy Fund | 0.78% | 94.72M | Jan 2007 | OILK vs DBE | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 0.85% | 273.98M | Apr 2017 | OILK vs USOI | |
| United States Oil Fund LP | 0.86% | 1.92B | Apr 2006 | OILK vs USO |
Best Risk-Adjusted Alternatives to OILK
OILK has a PortfoliosLab risk / return rank of 28. There are 6 ETFs in the Oil & Gas category with higher risk-adjusted ranks, going as high as 55.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| United States Gasoline Fund LP | 55 | 118.98M | Feb 2008 | OILK vs UGA | |
| Invesco DB Energy Fund | 40 | 94.72M | Jan 2007 | OILK vs DBE | |
| United States Oil Fund LP | 32 | 1.92B | Apr 2006 | OILK vs USO | |
| Invesco DB Oil Fund | 31 | 240.68M | Jan 2007 | OILK vs DBO | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 30 | 273.98M | Apr 2017 | OILK vs USOI |
Top Performing OILK Alternatives (YTD)
OILK is at 40.78% YTD. There are 6 ETFs in the Oil & Gas category with higher YTD returns, going as high as 81.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 81.88% | 358.86M | Nov 2008 | OILK vs UCO | |
| United States Gasoline Fund LP | 64.09% | 118.98M | Feb 2008 | OILK vs UGA | |
| United States Oil Fund LP | 60.87% | 1.92B | Apr 2006 | OILK vs USO | |
| Invesco DB Energy Fund | 53.97% | 94.72M | Jan 2007 | OILK vs DBE | |
| United States Brent Oil Fund LP | 50.21% | 883.37M | Jun 2010 | OILK vs BNO |
Lowest Volatility Alternatives to OILK
OILK has 29.00% 1-year volatility. There are 2 ETFs in the Oil & Gas category with lower 1-year volatility, going as low as 23.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 23.55% | 273.98M | Apr 2017 | OILK vs USOI | |
| United States 12 Month Oil Fund LP | 28.90% | 39.62M | Dec 2007 | OILK vs USL | |
| Invesco DB Oil Fund | 34.89% | 240.68M | Jan 2007 | OILK vs DBO | |
| United States Gasoline Fund LP | 35.22% | 118.98M | Feb 2008 | OILK vs UGA | |
| Invesco DB Energy Fund | 35.27% | 94.72M | Jan 2007 | OILK vs DBE |
Lowest Drawdown Alternatives to OILK
OILK has a 1-year max drawdown of -17.41%. No ETFs in the Oil & Gas category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -17.53%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| United States 12 Month Oil Fund LP | -17.53% | 39.62M | Dec 2007 | OILK vs USL | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -18.41% | 273.98M | Apr 2017 | OILK vs USOI | |
| United States Gasoline Fund LP | -18.96% | 118.98M | Feb 2008 | OILK vs UGA | |
| Invesco DB Energy Fund | -21.28% | 94.72M | Jan 2007 | OILK vs DBE | |
| Invesco DB Oil Fund | -23.03% | 240.68M | Jan 2007 | OILK vs DBO |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 10 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 53 | 41.43% | 39.74B | Feb 2010 | OILK vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -29.93% | 1.42B | Oct 2021 | OILK vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 53 | 29.58% | 14.59B | Jun 2006 | OILK vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 49 | 17.21% | 5.36B | Jun 2009 | OILK vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 50 | 12.95% | 8.02B | Jun 2006 | OILK vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 29 | 6.48% | 11.27B | Oct 2013 | OILK vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 82 | 84.65% | 3.28B | Jan 2007 | OILK vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -40.31% | 1.83B | Feb 2010 | OILK vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -22.07% | 265.17M | Oct 2011 | OILK vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -58.07% | 340.85M | Apr 2024 | OILK vs BITU |
Often Compared With OILK
Investors most often compare OILK with GUSH, WTMF, AMOM. These 20 comparison targets span 17 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 Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OILK.
Explore OILK Diversifiers