Proshares K 1 Free Etf Profile

OILK Etf  USD 43.04  0.18  0.42%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
ProShares is selling for 43.04 as of the 22nd of December 2024. This is a 0.42 percent increase since the beginning of the trading day. The etf's last reported lowest price was 42.48. ProShares has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 2nd of January 2023 and ending today, the 22nd of December 2024. Click here to learn more.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. K-1 Free is traded on BATS Exchange in the United States. More on ProShares K 1 Free

Moving together with ProShares Etf

  0.99USO United States OilPairCorr

ProShares Etf Highlights

Thematic IdeaEnergy ETFs (View all Themes)
Business ConcentrationEnergy ETFs, Commodities Focused, ProShares (View all Sectors)
IssuerProShares
Inception Date2016-09-26
BenchmarkBloomberg Commodity Balanced WTI Crude Oil Index
Entity TypeRegluated Investment Company
Asset Under Management91.02 Million
Average Trading Valume56,904.4
Asset TypeCommodities
CategoryEnergy
FocusCrude Oil
Market ConcentrationBlended Development
RegionGlobal
AdministratorJPMorgan Chase Bank, N.A.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Portfolio ManagerAlexander Ilyasov, George Banian
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-May
ExchangeCboe BZX Exchange Inc.
Number of Constituents6.0
Market MakerVirtu Financial
Total Expense0.69
Management Fee0.65
Country NameUSA
Returns Y T D4.96
NameProShares K-1 Free Crude Oil Strategy ETF
Currency CodeUSD
Open FigiBBG00DX358T4
In Threey Volatility22.31
1y Volatility13.86
200 Day M A45.4951
50 Day M A43.2095
CodeOILK
Updated At22nd of December 2024
Currency NameUS Dollar
ProShares K 1 Free [OILK] is traded in USA and was established 2016-09-26. The fund is listed under Commodities Focused category and is part of ProShares family. The entity is thematically classified as Energy ETFs. ProShares K 1 now have 80.91 M in assets. , while the total return for the last 3 years was 12.8%.
Check ProShares Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares K 1 Free Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top ProShares K 1 Free Etf Constituents

UCOProShares Ultra BloombergEtfTrading--Leveraged Commodities
USOUnited States OilEtfCommodities Focused
More Details

ProShares K 1 Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

ProShares Against Markets

When determining whether ProShares K 1 is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares K 1 Free Etf. Highlighted below are key reports to facilitate an investment decision about Proshares K 1 Free Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares K 1 Free. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of ProShares K 1 is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares' value that differs from its market value or its book value, called intrinsic value, which is ProShares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares' market value can be influenced by many factors that don't directly affect ProShares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.