OILK ETF — ProShares K-1 Free Crude Oil Strategy ETF

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

Updated October 16, 2026.

OILK is an ETF. its distribution rate is 4.78%, its trailing-12-month yield is 15.77%, its expense ratio is 0.70%. Dividend Vision Distribution Safety Score™ is 53/100 (Caution). Total return is 73.9% over the past 10 years, 238.7 points behind SPY at 312.6%.

ProShares K-1 Free Crude Oil Strategy ETF is a fund that tracks the performance of West Texas Intermediate crude oil futures through financial instruments designed to replicate three separate contract schedules. The fund distributes monthly, currently at a high distribution rate, with an expense ratio of 0.70%; note that the latest distribution was special or one-time and may not recur regularly. This fund appeals to commodities-focused investors seeking exposure to crude oil price movements through a structures designed to minimize tax complications from K-1 reporting.

OILK performance versus SPY

Price and return data through 2026-10-16.

Total return is 73.9% over the past 10 years, 238.7 points behind SPY at 312.6%. Over the past year its total return — price change plus distributions reinvested — is 92.7%. Its deepest 1-year drawdown was 21.2%.

OILK key facts

Distribution Safety Score™

53 · Caution

Safety-Adjusted Yield

2.53%

Issuer

ProShares

Asset type

ETF

Asset class

Commodity

Inception date

09/26/2016

Expense ratio

0.70%

Distribution rate

4.78%

Distribution frequency

Monthly

Trailing yield

15.77%

Last close

$60.49 (as of 2026-10-16)

AUM

$237,958,520

Average volume

61225.0

Dividend

$2.573

Ex-dividend date

10/01/2026

Payment date

10/07/2026

Beta

1.32

How Dividend Vision calculates yield and returns

Distribution rate (4.78%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (15.77%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

OILK risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 21.2%.

Who may consider OILK — and who may not

OILK may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on OILK

• All tickers starting with O

Tagged: Oil, Energy.

Frequently asked questions

More securities from ProShares.