What is OILD?

OILD provides 3x daily inverse exposure to a tier-weighted index of US firms involved in oil and gas exploration and production.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OILD 21.99% -- -- -57.27% -- -- --
OILD (NAV) 21.77% 27.26% 27.75% -57.16% -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

OILD Factset Analytics Insight

OILD makes a big and bearish one-day bet against a concentrated portfolio of US companies in the oil and gas exploration and production industry. The index has a slightly broader scope of the industry as it covers three segments: (i) integrated oil and gas exploration and production, (ii) upstream energy, and (iii) downstream and midstream energy. The index does not include MLPs. It selects the top 25 stocks by market-cap and weights the resulting portfolio by average daily value traded. The following weights are assigned per bucket: 30% for oil and gas exploration and production, 50% for upstream, and 20% for downstream and midstream. As a geared product, OILD is only designed as a short-term trading tool. Long-term returns could materially differ from those of the index due to daily compounding. Additionally, since the fund uses an ETN structure, investors assume the credit risk of the issuer.

OILD Summary Data

BMO
11/08/21
0.95%
$32.81M
Solactive MicroSectors Oil & Gas Exploration & Production Index
N/A
Exchange-Traded Note

Peers

N/A

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
+$0.20B 90 Days

OILD Fund Structure

Yes
No
-- / --
BMO Asset Management, Inc.
N/A
High
-3
Daily

OILD Tax Exposures

20.00% / 39.60%
--
No

OILD Portfolio Data

--
N/A

OILD Index Data

Solactive MicroSectors Oil & Gas Exploration & Production Index
Tiered
Market Cap
N/A

Factset Analytics Block Liquidity

As of 03/27/23

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

OILD Tradability

136,187
$3.91M
119,218
$3.22M
0.10%
$0.03
0.02%
3.70% / -1.71%
None
100.00%
25,000
4.77
--
--
0
$32.54
N/A

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.