OILD — MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (ticker: OILD) is a commodity ETF issued by BMO Financial Group tracking Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%). It was launched on 2021-11-08.
About OILD
The MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (OILD) is an exchange-traded note designed to provide -3x leveraged inverse exposure to the Solactive MicroSectors Oil & Gas Exploration & Production Index. This ETN is structured to deliver magnified inverse returns, making it suitable for investors with a high-risk tolerance seeking to profit from a decline in the underlying index.
Investors might consider OILD to express a bearish view on the U.S. oil and gas exploration and production sector. It is managed by BMO Financial Group and has an inception date of November 8, 2021. The fund has 2 holdings.
- Provides -3x leveraged inverse exposure to a U.S. oil and gas exploration and production index.
- Categorized as an inverse equity U.S. oil, gas & consumable fuels sector product.
- Expense ratio of 0.95%.
- Average daily volume of 102,962.619 indicates its trading liquidity.
- Managed by BMO Financial Group, launched in November 2021.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -3.38% |
| 1 Week | -3.80% |
| 1 Month | -12.60% |
| 3 Months | -18.30% |
| 6 Months | -58.92% |
| YTD | -60.25% |
| 1 Year | -71.78% |
| 3 Years | -84.58% |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | NA | NA | — |
| 2 | NA | NA | — |
| 3 | NA | NA | — |
| 4 | NA | NA | — |
| 5 | NA | NA | — |
| 6 | NA | NA | — |
| 7 | NA | NA | — |
| 8 | NA | NA | — |
| 9 | NA | NA | — |
| 10 | NA | NA | — |
Fund Profile
| Issuer | BMO Financial Group |
|---|---|
| Brand | REX Microsectors |
| Asset Class | commodity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Sector |
| Segment | Inverse Equity: U.S. Oil, Gas & Consumable Fuels |
| Region | Global |
| Index Tracked | Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%) |
| Inception Date | 2021-11-08 |
| Tax on Distributions | No distributions |
Quick Facts
| Ticker | OILD |
|---|---|
| Full Name | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN |
| Issuer | BMO Financial Group |
| Asset Class | commodity |
| Expense Ratio | 0.01% |
| AUM | $39.65M |
| Inception | 2021-11-08 |
| Index Tracked | Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%) |
Frequently Asked Questions
What does OILD track?
OILD (MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN) tracks Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%), a commodity benchmark.
What is the expense ratio of OILD?
OILD has an expense ratio of 0.01% per year.
What is the AUM of OILD?
OILD has approximately $39.65M in assets under management.
Does OILD pay a dividend?
OILD distributes income according to its prospectus (No distributions tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues OILD?
OILD is issued by BMO Financial Group under the REX Microsectors brand, launched on 2021-11-08.
Open the interactive OILD dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.