OILX

ETRACS S&P GSCI Crude Oil Total Return ETN
N/A

N/A
*Unless otherwise stated, data provided by FactSet.

OILX Fund Description

The ETRACS S&P GSCI Crude Oil Total Return ETN tracks an index with rolling exposure to a single, front-month futures contract on WTI crude oil.

OILX Factset Analytics Insight

OILX offers straightforward exposure to oil futures in an ETN wrapper. It uses the simplest exposure method: front-month futures contracts, rolled over monthly (spot oil is uninvestable). This is the same method used by rival USO and our benchmark. The downside of this approach is increased sensitivity to negative roll yield when WTI crude is in contango. Still, this is a very popular strategy. OILX's ETN wrapper means it's backed by the credit of UBS, not futures and cash as with a commodity pool. Also, investors will get 1099s at tax time, not K-1s.OILX launched in February 2016 and is reasonably priced. It was created to take advantage of a hole that opened up in the oil ETP market in late 2015: the leading oil ETN (iPath's OIL) began to diverge significantly from its index when that note's issuer began charging a significant per-share creation fee. OILX tracks the same index as OIL with no such creation fee, and also avoids path-dependency issues in the way it calculates its management fee (another concern with OIL).

OILX CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/12/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OILX 12.82% 17.00% 31.99% 57.50% -- -- --
OILX (NAV) 6.81% 6.21% 18.82% 53.77% -- -- --
S&P GSCI Crude Oil Index 6.85% 6.34% 19.14% 54.54% -5.79% -16.95% --
S&P GSCI Crude Oil Index 6.85% 6.34% 19.14% 54.54% -5.79% -16.95% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

OILX Top 10 Holdings

This chart is unavailable

OILX Summary Data

UBS
ETRACS
02/17/16
Exchange-Traded Note
0.50%
$15.94M
$39.51K
0.28%

OILX Portfolio Data

Futures
Front Month
Annually
--

OILX Index Data

Single Asset
Single Asset
S&P GSCI Crude Oil Index

OILX Portfolio Management

0.50%
-0.55%
-0.41%
-0.83%

OILX Tax Exposures

20.00% / 39.60%
--
No

OILX Fund Structure

Exchange-Traded Note
No
N/A
UBS AG (London Branch)
Low
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

OILX Factset Analytics Block Liquidity

As of 07/18/18
5
4
3
2
1

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

OILX Tradability

677
$39.51K
259
$24.89K
0.28%
$0.12
-0.46%
7.05% / -8.96%
None
100.00%
50,000
0.01
0.13%
--
--
$39.91
5

OILX SECTOR BREAKDOWN


OILX
Segment Benchmark
100.00%
100.00%

OILX Tenor Strategy

0

OILX Rolling Strategy

0

OILX Performance Statistics

1.00
1.00
--
--
0.00%