UltraPro 3x Crude Oil ETF - OILU UltraPro 3x Crude Oil ETF

ProShares UltraPro 3x Crude Oil ETF seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Bloomberg WTI Crude Oil SubindexSM.

This fund is not an investment company regulated under the Investment Company Act of 1940 and is not afforded its protections. Please read the prospectus carefully before investing.

This leveraged ProShares ETF seeks a return that is 3x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. For more on risks, please read the prospectus.

  • Read more about ProShares Geared Oil and Gas Commodity ETFs.
  • Learn More about considerations for geared investing.

Important Notice Regarding Schedule K-1 Tax Packages
— 2017 Schedule K-1 Tax Packages are expected to be available in mid-March. For more information, please visit our Schedule K-1 Tax Information page.

Since this fund is treated as a partnership for tax purposes an investor's allocated portion of any income, gains, losses and deductions is reported on a Schedule K-1. That means investors do not receive a Form 1099-DIV. For more information, please read FAQs on Taxation for Volatility, Commodity and Currency ProShares ETFs.

No distributions have been made for this fund.