OILB

iPath Series B S&P GSCI Crude Oil ETN
B

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

OILB Fund Description

The iPath Series B S&P GSCI Crude Oil ETN tracks an index of front-month WTI crude oil futures contracts.

OILB Factset Analytics Insight

OILB offers plain-vanilla oil futures exposure in an ETN wrapper. The note’s index tracks front-month futures, rolling expiring contracts into the next-nearest month. This method, also used by our benchmark, offers the closest possible experience to spot oil (which is uninvestable). The major drawback to a front-month strategy is the potential for heavy roll costs, so OILB is a good choice for capturing short-term moves in crude prices, but long-term investors may want to look at other options. OILB’s ETN wrapper means it’s backed by Barclay’s credit, not actual futures as in a commodity pool. Investors will get a 1099 at tax time, not a K-1.

OILB follows the same index as sibling ETN, OIL, but charges a lower fee and avoids path dependency issues that make OIL more expensive to hold over time. The issuer halted creations in OIL the day OILB was launched, seemingly guiding investors away from the older fund. However, OIL might still appeal to traders needing maximum liquidity.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:

OILB Top 10 Contracts

This chart is unavailable

OILB Summary Data

iPath
11/17/16
Exchange-Traded Note
0.45%
$58.69M
$46.55K
0.11%

OILB Portfolio Data

Futures
Front Month
Annually
--

OILB Index Data

S&P GSCI Crude Oil Index
Single Asset
Single Asset
S&P GSCI Crude Oil Index

Related ETFs to OILB

OIL, OILX, USO, BNO, DBO
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

OILB Portfolio Management

0.45%
--
--
--

OILB Tax Exposures

20.00% / 39.60%
--
No

OILB Fund Structure

Exchange-Traded Note
No
N/A
Barclays Bank PLC
Low
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
----
----
----
----
BIDS----
----
----
----
----
LAST 10 TRADES
TIMEPRICESHARES
------
------
------
------
------
------
------
------
------
------
Bats BZX Real-time Quote - 20:22:44
Daily Spread
Premium/Discount
Volume

OILB Factset Analytics Block Liquidity

As of 12/13/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of OILB. OILB is rated a 5 out of 5.

OILB Tradability

637
$46.55K
59
$18.36K
0.11%
$0.06
-0.09%
6.84% / -5.87%
None
100.00%
50,000
0.00
0.00%
--
--
$56.14
5

OILB Sector Breakdown

OILB Top 10 Targeted Commodity Weights

OILB Tenor Strategy

OILB invests solely in front-month futures contracts. This means that the fund will be particularly sensitive to changes in spot prices, but may be priced higher or lower than spot, sometimes dramatically.

OILB Performance Statistics

--
--
--
--
0.00%

OILB Rolling Strategy

OILB rolls contracts over an annually pre-determined 5 day period each month.