# ProShares - K-1 Free Crude Oil ETF (OILK): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/oilk for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: ProShares · Asset class: Commodities - Strategy: Thematic · Inception: 2016-09-26 This fund strategically allocates its assets to a variety of financial instruments, which ProShare Advisors intends to collectively mirror the performance of its underlying index. The index itself is constructed to track the price fluctuations of three distinct West Texas Intermediate (WTI) Crude Oil futures contract schedules, all actively traded on the NYMEX exchange. Each of these contract schedules contributes an identical one-third weighting to the index, with this equal distribution being re-established during semi-annual rebalancing events held in March and September. ## Key Facts | Metric | Value | |---|---| | Price | $61.41 | | Expense Ratio | 0.70% | | Assets Under Management | $253.8M | | NAV | $61.38 | | Holdings Count | 4 | | Distribution Yield (TTM) | 15.71% | | Annual Distribution (TTM) | $9.65 /share | | Distribution Frequency | Monthly | | 52-Week Range | $36.13 – $62.00 | | Beta | 1.37 | ## Latest Distribution - Amount: $2.5729 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-07 ## Frequently Asked Questions ### What does OILK invest in? This fund strategically allocates its assets to a variety of financial instruments, which ProShare Advisors intends to collectively mirror the performance of its underlying index. The index itself is constructed to track the price fluctuations of three distinct West Texas Intermediate (WTI) Crude Oil futures contract schedules, all actively traded on the NYMEX exchange. Each of these contract schedules contributes an identical one-third weighting to the index, with this equal distribution being re-established during semi-annual rebalancing events held in March and September. ### What is the expense ratio of OILK? ProShares - K-1 Free Crude Oil ETF (OILK) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is OILK? ProShares - K-1 Free Crude Oil ETF (OILK) manages $253.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is OILK actively managed or an index fund? OILK's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was OILK launched? ProShares - K-1 Free Crude Oil ETF (OILK) launched in September 2016 and is managed by ProShares. ### How has OILK performed? OILK's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does OILK pay a dividend? ProShares - K-1 Free Crude Oil ETF (OILK) currently distributes little or no income. Trailing-twelve-month yield is 15.71%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does OILK pay dividends? ProShares - K-1 Free Crude Oil ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is OILK's dividend yield? OILK's trailing-twelve-month yield is 15.71%, calculated from the sum of dividends over the past year divided by the current price. ### When is OILK's next ex-dividend date? The most recently announced ex-dividend date for OILK was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will OILK's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.70% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does OILK charge its expense ratio? The expense ratio is deducted in tiny daily slices from OILK's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does OILK cost more than a fund like VOO? OILK's strategy (current expense ratio 0.70%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where OILK sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to OILK? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as OILK (0.70%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/oilk - Distribution history: https://www.dividenddata.com/funds/oilk/dividend - Holdings & diversification: https://www.dividenddata.com/funds/oilk/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/oilk/expenses - Peer comparison: https://www.dividenddata.com/funds/oilk/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.