Trade ProShares K-1 Free Crude Oil ETF - OILK CFD

Trading Conditions

• Type: CFD
• Spread: 0.18
• Long position overnight funding adjustment: -0.02151%
• Short position overnight funding adjustment: -0.00071%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 54.58
• Open: 53.11
• 1-Year Change: -1.83%
• Day's Range: 53.11 - 54.23

What is ProShares K-1 Free Crude Oil ETF (OILK)?

ProShares K-1 Free Crude Oil ETF is an exchange-traded fund designed to provide investors with exposure to the crude oil market without the tax complications associated with K-1 forms. The fund seeks to track the performance of crude oil prices by investing in futures contracts and other oil-related instruments. It aims to offer a simplified investment vehicle for those interested in crude oil price movements, avoiding the complexities of direct commodity ownership or partnerships. The ETF operates within the framework of commodity-based funds, focusing on energy sector commodities, particularly crude oil. Its structure is intended to mitigate tax reporting burdens for investors, making it accessible to a broader range of market participants. The fund's management involves rolling futures contracts to maintain exposure and manage the effects of contango and backwardation in oil markets. It serves as a tool for portfolio diversification, allowing investors to gain exposure to crude oil price fluctuations through a regulated investment product.

ProShares K-1 Free Crude Oil ETF Stock Price Today: Live Overview

The price today is shaped by market dynamics, with ProShares K-1 Free Crude Oil ETF trading at $54.23. The daily price range has spanned from $52.65 to $54.43, representing a change of -0.8431%.

FAQ: ProShares K-1 Free Crude Oil ETF (OILK)

What is the current price of OILK stock?

The current price is $54.23.

Does OILK pay dividends?

Dividends are not paid by this ETF.

Does OILK have a formal corporate presence or regional headquarters in the UAE?

The ETF operates in the UAE solely through partners and distributors without an official office or subsidiary.

What is OILK best known for?

It is most famous for providing K-1 free exposure to crude oil futures.

What assets are typically shown together with OILK?

Commonly shown alongside OILK: Ladder Capital Corp, NetApp, CMOC