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ETFs

ProShares K-1 Free Crude Oil Strategy ETF

OILK
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Sep 26, 2016
Expense Ratio
0.67%
Type
Global Commodities & Metals
Fund Owner
ProShares
Volume (1m avg. daily)
$1,961,678
AUM
$137,301,748
Associated Index
Bloomberg Commodity Balanced WTI Crude Oil Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Net Other Assets (Liabilities)
100%
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Derivatives offset
-99.97%
Invest with OILK
Trade OILK Options

What is OILK?

ProShares K-1 Free Crude Oil Strategy ETF seeks investment results, before fees and expenses, that track the performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. The Fund is no longer an actively managed fund.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

OILK
Performance Measures**

for the time period Sep 28, 2016 to Dec 4, 2025

Returns

1M Trailing Return: -1.5%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -4.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -83.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 36.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.16

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.01

The annualized return divided by the max drawdown for the selected time period.

ETFs related toOILK

ETFs correlated to OILK include UCO, USO, DBO

OILK
ProShares Trust - ProShares K-1 Free Crude Oil Strategy ETF
UCO
ProShares Trust - ProShares Ultra Bloomberg Crude Oil 2x Shares
USO
United States Commodity Funds LLC - United States Oil Fund
DBO
Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund
BNO
United States Commodity Funds LLC - United States Brent Crude Oil Fund
USOI
Credit Suisse AG Nassau Branch - Credit Suisse X-Links Crude Oil Shares Covered Call ETN
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
CMDT
Pimco Exchange Traded Fund - PIMCO Commodity Strategy Active Exchange-Traded Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toOILK

Adaptive All Weather 1.3a Pop Bots l BrianE Mod l Oct 10th 2016

Category

Tactical asset allocation, regime switching, mean reversion, momentum rotation, volatility hedge, leveraged ETFs, inverse ETFs, crash protection, daily rebalancing

OOS Cumulative Return

179.08%

[*] VT | QQQ Indicator | Template

Category

Tactical allocation, trend filter (200-day), RSI momentum, VIX hedging, long/short volatility, crash protection, tech tilt (QQQ), daily rebalance

OOS Cumulative Return

124.47%

Create your own algorithmic trading strategy with OILK using Composer

FAQ

OILK is a Global Commodities & Metals ETF. ProShares K-1 Free Crude Oil Strategy ETF seeks investment results, before fees and expenses, that track the performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. The Fund is no longer an actively managed fund.

OILK tracks the Bloomberg Commodity Balanced WTI Crude Oil Index.

No, OILK is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, OILK is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on OILK is 0.1047%. This is the percent change in the value of OILK over the most recent 1-month period. The 3-month return on OILK is 0.2541%. This is the percent change in the value of OILK over the most recent 3-month period.

The standard deviation of OILK for the past year is 0.2959%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to OILK include DBE, RENW, and UGA.

ETFs correlated to OILK include UCO, USO, and DBO.

ETFs that are inversely correlated to OILK include SCO, ERY, and OILD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.