OILU — MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN
MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN (ticker: OILU) 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 OILU
OILU is an exchange-traded note (ETN) that seeks to provide 300% leveraged exposure to the Solactive MicroSectors Oil & Gas Exploration & Production Index. It was issued by BMO Financial Group on November 8, 2021, and is designed for investors seeking magnified daily returns from the U.S. oil, gas, and consumable fuels sector. The ETN does not hold physical assets; its value is linked to the performance of its underlying index.
- OILU provides 3x leveraged daily exposure to the U.S. oil and gas exploration and production sector.
- The ETN tracks the Solactive MicroSectors Oil & Gas Exploration & Production Index (300%).
- It has an expense ratio of 0.01% with $850 million in assets under management.
- Investors should be aware of the risks associated with leveraged products, including potential for significant losses.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 3.03% |
| 1 Week | 2.77% |
| 1 Month | 8.32% |
| 3 Months | 2.99% |
| 6 Months | 77.10% |
| YTD | 88.75% |
| 1 Year | 108.99% |
| 3 Years | 22.31% |
| 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 | Leveraged 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 | OILU |
|---|---|
| Full Name | MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN |
| Issuer | BMO Financial Group |
| Asset Class | commodity |
| Expense Ratio | 0.01% |
| AUM | $63.17M |
| Inception | 2021-11-08 |
| Index Tracked | Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%) |
Frequently Asked Questions
What does OILU track?
OILU (MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN) tracks Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%), a commodity benchmark.
What is the expense ratio of OILU?
OILU has an expense ratio of 0.01% per year.
What is the AUM of OILU?
OILU has approximately $63.17M in assets under management.
Does OILU pay a dividend?
OILU distributes income according to its prospectus (No distributions tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues OILU?
OILU is issued by BMO Financial Group under the REX Microsectors brand, launched on 2021-11-08.
Open the interactive OILU dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.