OLO

DB Crude Oil Long ETN
D

83
*Unless otherwise stated, data provided by FactSet.

OLO Fund Description

OLO tracks the performance of crude oil using futures contracts. It uses an optimized rolling strategy to minimize contango.

OLO Factset Analytics Insight

OLO serves up optimized exposure to WTI oil futures in an ETN wrapper, but weak investor interest undermines its appeal. All oil ETPs get exposure to oil prices with futures, and the shape of the futures curve can severely impact returns. Some funds—and our benchmark—roll expiring contracts into the next month, and take their lumps with respect to contango and backwardation. OLO's index looks out over the next 13 months and picks the contract with the best roll yield. This process has helped OLO beat our benchmark over the past 3 years, however it has not fared as well this last year. As an ETN, OLO comes with counterparty risk but avoid K-1s. Investors have largely avoided OLO—it suffers from low AUM and poor liquidity, raising closure concerns.

OLO 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 12/13/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OLO -6.93% -22.16% -1.48% 5.57% 2.36% -17.61% -7.11%
OLO (NAV) -14.56% -25.34% -5.71% -0.22% 1.67% -18.34% -7.14%
DBIQ Optimum Yield Crude Oil Index Total Return -5.70% -21.85% -4.12% 2.56% 2.33% -17.62% -7.14%
S&P GSCI Crude Oil Index -5.59% -22.70% -7.62% -1.30% 1.09% -19.84% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

OLO Top 10 Holdings

This chart is unavailable

OLO Summary Data

06/16/08
Exchange-Traded Note
0.75%
$4.84M
$18.65K
2.40%

OLO Portfolio Data

Futures
Optimized
N/A
--

OLO Index Data

Single Asset
Single Asset
S&P GSCI Crude Oil Index

OLO Portfolio Management

0.75%
0.87%
1.57%
0.14%

OLO Tax Exposures

20.00% / 39.60%
--
No

OLO Fund Structure

Exchange-Traded Note
No
N/A
Deutsche Bank AG
Medium
High
None
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

OLO Factset Analytics Block Liquidity

As of 12/14/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of OLO. OLO is rated a 0 out of 5.

OLO Tradability

2,477
$18.65K
1,093
$7.70K
2.40%
$0.13
-0.67%
3.48% / -4.72%
Potential
100.00%
200,000
0.01
0.00%
--
--
$4.91
0

OLO SECTOR BREAKDOWN


OLO
Segment Benchmark
100.00%
100.00%

OLO Tenor Strategy

OLO's optimized tenor selection uses a rules-based strategy for choosing contracts over the next 13 months that will give the best possible implied roll yield.

OLO Rolling Strategy

OLO rolls contracts between the 2nd and 6th business days each month.

OLO Performance Statistics

0.94
0.89
0.94
0.99
0.00%