OILD

MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged ETN
*Unless otherwise stated, data provided by FactSet.

OILD Fund Description

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

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.

PERFORMANCE [as of 01/13/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OILD -33.91% -- -35.42% -- -- -- --
OILD (NAV) -38.38% -- -34.22% -- -- -- --
N/A -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

OILD Summary Data

BMO
11/08/21
Exchange-Traded Note
0.95%
$2.71M
0.99%
N/A

OILD Portfolio Data

--
N/A

OILD Index Data

N/A
Tiered
Market Cap
N/A

OILD Fund Structure

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

OILD Tax Exposures

20.00% / 39.60%
--
No

OILD Factset Analytics Block Liquidity

As of 01/14/22
5
4
3
2
1

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

1,346
$35.26K
706
$14.69K
0.99%
$0.24
0.16%
0.84% / -0.35%
None
100.00%
25,000
0.03
--
--
0
$17.31
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.