AOIL

Aberdeen Standard Bloomberg WTI Crude Oil Strategy K-1 Free ETF
C

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*Unless otherwise stated, data provided by FactSet.

AOIL Fund Description

BEF seeks to outperform an energy futures index through the active management of the fund’s collateral. The index includes targeted exposure to energy futures contracts with maturities of 4-6 months.

AOIL Factset Analytics Insight

Actively managed BEF is perhaps best thought of as an index-tracking fund with an active overlay. The fund generally follows its benchmark—the Bloomberg Energy Index 3 Month Forward—but attempts to boost returns through the active management of the fund’s collateral. The index includes contracts on WTI and Brent crude, natural gas, gasoline, and heating oil. Futures positions are weighted 2/3 by trading volume and 1/3 by world production. The index rebalances each January. Contracts are selected six months out on the futures curve and held for two months, according to a set roll schedule. BEF’s active manager invests the fund’s collateral in cash and short-term, highly rated corporate and government debt.BEF is organized as an open-ended ETF, rather than a commodity pool, so taxable investors pay the usual long- and short-term capital gains rates on sale and avoid an annual K-1 tax form. The fund manages this feat by gaining its commodity exposure through a wholly owned Cayman Islands subsidiary, a common structure in the commodity ETF space.

AOIL 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 08/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
AOIL -0.43% -11.69% 13.13% -5.31% -- -- --
AOIL (NAV) 0.16% -11.81% 13.77% -5.99% -- -- --
No Underlying Index -- -- -- -- -- -- --
S&P GSCI Crude Oil Index 0.17% -11.72% 21.23% -15.87% 1.28% -19.36% -10.71%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

AOIL Summary Data

Aberdeen
03/30/17
Open-Ended Fund
0.39%
$3.75M
$9.25K
0.35%

AOIL Portfolio Data

Futures
Extended Term
Monthly
2

AOIL Index Data

No Underlying Index
Proprietary
Proprietary
S&P GSCI Crude Oil Index

AOIL Portfolio Management

0.39%
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AOIL Tax Exposures

20.00% / 39.60%
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No

AOIL Fund Structure

Open-Ended Fund
No
No
N/A
N/A
High
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

AOIL Factset Analytics Block Liquidity

As of 08/22/19
5
4
3
2
1

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

AOIL Tradability

321
$9.25K
130
$5.12K
0.35%
$0.09
-0.03%
4.20% / -2.45%
None
100.00%
25,000
0.01
0.04%
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$24.87
5

AOIL TOP 10 TARGETED COMMODITY WEIGHTS

53.42%
28.93%
82.35%

AOIL Tenor Strategy

BEF uses the contract expiration to determine roll process to choose contracts 4-6 months to maturity.

AOIL Rolling Strategy

Based on a set roll schedule to avoid physical delivery and maintain intermediate exposure.

AOIL Performance Statistics

0.90
0.77
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0.00%