Proshares K 1 Free Etf Profile
| OILK Etf | USD 42.77 0.06 0.14% |
Performance1 of 100
| Odds Of DistressLess than 9
|
ProShares is selling for 42.77 as of the 30th of November 2024. This is a 0.14 percent increase since the beginning of the trading day. The etf's last reported lowest price was 42.43. 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. Equity ratings for ProShares K 1 Free are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 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
| 0.78 | USO | United States Oil Sell-off Trend | PairCorr |
ProShares Etf Highlights
| Thematic Idea | Energy ETFs (View all Themes) |
| Business Concentration | Energy ETFs, Commodities Focused, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2016-09-26 |
| Benchmark | Bloomberg Commodity Balanced WTI Crude Oil Index |
| Entity Type | Regluated Investment Company |
| Asset Under Management | 92.24 Million |
| Average Trading Valume | 72,924.6 |
| Asset Type | Commodities |
| Category | Energy |
| Focus | Crude Oil |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | JPMorgan Chase Bank, N.A. |
| Advisor | ProShare Advisors LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Alexander Ilyasov, George Banian |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-May |
| Exchange | Cboe BZX Exchange Inc. |
| Number of Constituents | 6.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.69 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | 4.06 |
| Name | ProShares K-1 Free Crude Oil Strategy ETF |
| Currency Code | USD |
| Open Figi | BBG00DX358T4 |
| In Threey Volatility | 24.22 |
| 1y Volatility | 14.27 |
| 200 Day M A | 45.662 |
| 50 Day M A | 43.5026 |
| Code | OILK |
| Updated At | 30th of November 2024 |
| Currency Name | US 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 12.7%.
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
| UCO | ProShares Ultra Bloomberg | Etf | Trading--Leveraged Commodities | |
| USO | United States Oil | Etf | Commodities Focused |
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.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.35) |
ProShares Against Markets
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.