OIL

iPath Series B S&P GSCI Crude Oil ETN
A

100
*Unless otherwise stated, data provided by FactSet.

OIL Fund Description

OIL tracks an index of front-month WTI crude oil futures contracts.

OIL Factset Analytics Insight

OIL 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 OIL is a good choice for capturing short-term moves in crude prices, but long-term investors may want to look at other options. OIL'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. OIL replaced an older ETN with the same ticker. The newer, “series B” note tracks the same index, but charges a lower fee and avoids path dependency issues that made its predecessor more expensive to hold over time. It also includes a call provision. The new version traded under the ticker OILB until November 16, 2018.

OIL 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 07/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OIL 8.73% -11.45% 21.63% -15.53% -- -- --
OIL (NAV) 2.40% -13.78% 19.99% -18.25% -- -- --
S&P GSCI Crude Oil Index 2.44% -13.69% 20.28% -17.88% 2.70% -20.66% --
S&P GSCI Crude Oil Index 2.44% -13.69% 20.28% -17.88% 2.70% -20.66% -9.81%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

OIL Summary Data

iPath
11/17/16
Exchange-Traded Note
0.45%
$86.86M
$1.07M
0.10%

OIL Portfolio Data

Futures
Front Month
Annually
0

OIL Index Data

Single Asset
Single Asset
S&P GSCI Crude Oil Index

OIL Portfolio Management

0.45%
-0.43%
-0.35%
-0.71%

OIL Tax Exposures

20.00% / 39.60%
--
No

OIL Fund Structure

Exchange-Traded Note
No
N/A
Barclays Bank PLC
Low
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

OIL Factset Analytics Block Liquidity

As of 07/19/19
5
4
3
2
1

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

OIL Tradability

18,521
$1.07M
15,737
$950.98K
0.10%
$0.06
0.02%
3.58% / -1.77%
None
100.00%
50,000
0.31
0.00%
--
474
$56.39
5

OIL SECTOR BREAKDOWN


OIL
Segment Benchmark
100.00%
100.00%

OIL 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.

OIL Rolling Strategy

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

OIL Performance Statistics

1.00
1.00
--
--
0.00%