ProShares K-1 Free Crude Oil ETF (OILK)Commodities Focused | Exchange Traded Fund | Cboe US
51.41 USD
+2.89
(5.956%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:05 a.m. EDT
The investment case here is severely compromised by a brutal multi-year structural decline. Over the last eight years, the asset has lost more than half its value (-52%), driven by five consecutive years of negative annual performance. The most recent year was also down, confirming a persistent secular trend rather than a temporary dip. Despite the headline-grabbing 9.9% dividend yield, this payout is likely a symptom of distress rather than a sustainable income stream; the company is burning through capital to maintain this yield while the underlying business erodes. The price action reflects this reality, trading well below its 200-day average despite being near its 52-week low, which suggests the market has already priced in further deterioration. With the long-term trajectory showing consistent failure to generate value and the short-term momentum remaining weak, the high yield acts as a trap for income seekers who ignore the capital destruction occurring at the source. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.067775 |
| AutoTheta | 0.068392 |
| AutoETS | 0.068444 |
| AutoARIMA | 0.068444 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 46% |
| H-stat | 26.67 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.062 |
| Excess Kurtosis | -0.80 |
| Attribute | Value |
|---|---|
| Trailing P/E | 41.10 |
As of July 11, 2026, 4:05 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 30, 45, 50, 55, 60) compared to negligible call volume. Implied volatility is significantly elevated for deep out-of-the-money puts (over 300% vs ~40% for calls), indicating a fear of a sharp crash. While some call volume exists at strikes 60-66, the overwhelming capital allocation is defensive, suggesting a consensus expectation of continued weakness or a potential 'black swan' event driving prices lower.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.52% | 8.73% | 6.37% | 17.67% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-01 | 0.241 | 0.518614 |
| 2026-06-01 | 1.441 | 2.588468 |
| 2026-05-01 | 1.186 | 2.069989 |
| 2026-04-01 | 0.873 | 1.685003 |
| 2026-03-02 | 0.265 | 0.590332 |
| 2026-02-02 | 0.034 | 0.085299 |
| 2025-12-24 | 0.082 | 0.216645 |
| 2025-11-03 | 0.083 | 0.210767 |
| 2025-10-01 | 0.110 | 0.276382 |
| 2025-09-02 | 0.097 | 0.232502 |
| 2025-08-01 | 0.106 | 0.255176 |
| 2025-07-01 | 0.392 | 0.976096 |
| 2025-06-02 | 0.085 | 0.217519 |
| 2025-05-01 | 0.098 | 0.263583 |
| 2025-04-01 | 0.095 | 0.218542 |
| 2025-03-03 | 0.322 | 0.767032 |
| 2025-02-03 | 0.314 | 0.709605 |
| 2024-12-23 | 0.195 | 0.454630 |
| 2024-12-02 | 0.099 | 0.233546 |
| 2024-11-01 | 0.118 | 0.275122 |
| 2024-10-01 | 0.142 | 0.327945 |
| 2024-09-03 | 0.117 | 0.273173 |
| 2024-07-01 | 0.228 | 0.464927 |
| 2024-05-01 | 0.257 | 0.554716 |
| 2024-02-01 | 0.218 | 0.505800 |
| 2023-12-01 | 0.202 | 0.464902 |
| 2023-11-01 | 0.481 | 1.043610 |
| 2023-10-02 | 1.019 | 2.107549 |
| 2023-09-01 | 0.125 | 0.258960 |
| 2023-08-01 | 0.116 | 0.251354 |
| 2023-07-03 | 0.121 | 0.299549 |
| 2023-06-01 | 0.116 | 0.290873 |
| 2023-05-01 | 0.097 | 0.229423 |
| 2023-04-03 | 0.109 | 0.245495 |
| 2023-03-01 | 0.056 | 0.128676 |
| 2022-09-01 | 0.828 | 1.819380 |
| 2022-08-01 | 0.837 | 1.710607 |
| 2022-07-01 | 1.354 | 2.537481 |
| 2022-06-01 | 1.595 | 2.766696 |
| 2022-05-02 | 1.074 | 1.964155 |
| 2022-04-01 | 1.529 | 2.843064 |
| 2022-03-01 | 0.421 | 0.804971 |
| 2022-02-01 | 0.122 | 0.264126 |
| 2021-12-23 | 6.028 | 15.146109 |
| 2021-12-01 | 7.165 | 17.569888 |
| 2021-11-01 | 6.173 | 10.754355 |
| 2021-09-22 | 5.608 | 9.890652 |
| 2021-06-22 | 3.001 | 4.901192 |
| 2020-03-25 | 0.055 | 0.125714 |
| 2019-12-24 | 0.130 | 0.117796 |
| 2019-09-25 | 0.325 | 0.317973 |
| 2019-06-25 | 0.390 | 0.373277 |
| 2019-03-20 | 0.195 | 0.177563 |
| 2018-12-26 | 0.495 | 0.564103 |
| 2017-12-26 | 6.675 | 6.214216 |
| Attribute | Value |
|---|---|
| All Time High | 144.1 |
| All Time Low | 22.01 |
| Ask | 53.28 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 200,670 |
| Average Daily Volume3 Month | 212,308 |
| Average Volume | 212,308 |
| Average Volume10Days | 200,670 |
| Beta3 Year | 1.37 |
| Bid | 47.52 |
| Bid Size | 100 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 51.83 |
| Day Low | 49.48 |
| Dividend Yield | 9.89 |
| Eps Trailing Twelve Months | 1.2507601 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 54.1277 |
| Fifty Day Average Change | -2.717701 |
| Fifty Day Average Change Percent | -0.05020906 |
| Fifty Two Week Change Percent | 17.967415 |
| Fifty Two Week High | 61.33 |
| Fifty Two Week High Change | -9.920002 |
| Fifty Two Week High Change Percent | -0.16174795 |
| Fifty Two Week Low | 36.13 |
| Fifty Two Week Low Change | 15.279999 |
| Fifty Two Week Low Change Percent | 0.4229172 |
| Fifty Two Week Range | 36.13 - 61.33 |
| First Trade Date Milliseconds | 1,475,069,400,000 |
| Five Year Average Return | 0.1363454 |
| Full Exchange Name | Cboe US |
| Fund Family | ProShares |
| Fund Inception Date | 1,474,848,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of three separate contract schedules for West Texas Intermediate (“WTI”) Crude Oil futures. |
| Long Name | ProShares K-1 Free Crude Oil ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_381531459 |
| Nav Price | 48.4832 |
| Net Assets | 221,043,216.0 |
| Net Expense Ratio | 0.69 |
| Open | 49.57 |
| Pre Market Change | 0.59000015 |
| Pre Market Change Percent | 1.1476369 |
| Pre Market Price | 52.0 |
| Pre Market Time | 1,784,023,640 |
| Previous Close | 48.52 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 2.89 |
| Regular Market Change Percent | 5.95631 |
| Regular Market Day High | 51.83 |
| Regular Market Day Low | 49.48 |
| Regular Market Day Range | 49.48 - 51.83 |
| Regular Market Open | 49.57 |
| Regular Market Previous Close | 48.52 |
| Regular Market Price | 51.41 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 240,243 |
| Short Name | ProShares K-1 Free Crude Oil ET |
| Source Interval | 15 |
| Symbol | OILK |
| Three Year Average Return | 0.1239221 |
| Total Assets | 221,043,216 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 41.10301 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -6.55969 |
| Trailing Three Month Returns | -6.55969 |
| Triggerable | 1 |
| Two Hundred Day Average | 45.83414 |
| Two Hundred Day Average Change | 5.575859 |
| Two Hundred Day Average Change Percent | 0.12165296 |
| Type Disp | ETF |
| Volume | 240,243 |
| Yield | 0.098900005 |
| Ytd Return | 35.6461 |