http://apiprod.etf.internal.com/private/fund/OILX/fundreport
OILX

OILX

ETRACS S&P GSCI Crude Oil Total Return ETN
CLOSING PRICECHANGE (%)VOLUME
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BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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N/A

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

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).

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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OILX Top 10 Contracts

This chart is unavailable

OILX Summary Data

UBS
ETRACS
02/17/16
Exchange-Traded Note
0.5%
$30M
$12.83K
0.21%

OILX Portfolio Data

Futures
Front Month
Annually
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OILX Index Data

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

Related ETFs to OILX

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

OILX Portfolio Management

0.5%
-0.46%
-0.36%
-0.68%

OILX Tax Exposures

20% / 39.6%
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No

OILX Fund Structure

Exchange-Traded Note
No
N/A
UBS AG (London Branch)
Low
High
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

OILX Factset Analytics Block Liquidity

As of 10/20/17
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

357
$12.83K
17
0
0.21%
$0.06
-0.02%
12.43% / -6.13%
None
100%
50,000
0
0.12%
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$29.66
5

OILX Sector Breakdown

OILX Top 10 Targeted Commodity Weights

OILX Tenor Strategy

0

OILX Performance Statistics

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0.00%

OILX Rolling Strategy

0