MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD)
OILD is a passive ETF by REX Microsectors tracking the investment results of the Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%). OILD launched on Nov 8, 2021 and has a 0.95% expense ratio.
ETF Info
| ISIN | US0636795751 |
|---|---|
| Issuer | REX Microsectors |
| Inception Date | Nov 8, 2021 |
| Region | Global (Broad) |
| Category | Inverse Equities, Leveraged |
| Leveraged | 1x |
| Index Tracked | Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
OILD has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: OILD vs. NRGD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs had a return of -29.62% year-to-date (YTD) and -34.87% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -29.62% | 25.70% |
| 1 month | -4.53% | 3.51% |
| 6 months | 0.42% | 14.80% |
| 1 year | -34.87% | 37.91% |
| 5 years (annualized) | N/A | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of OILD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.29% | -10.33% | -25.19% | 2.45% | 0.43% | 4.80% | -4.93% | 8.85% | 10.11% | -1.31% | -29.62% | ||
| 2023 | -9.97% | 21.32% | -3.56% | -7.75% | 31.46% | -20.28% | -23.12% | -4.56% | -6.93% | 12.92% | 3.55% | -1.11% | -19.58% |
| 2022 | -43.06% | -24.87% | -32.12% | -0.79% | -43.27% | 55.58% | -30.79% | -15.98% | 24.94% | -49.49% | -6.31% | 10.78% | -90.32% |
| 2021 | 20.83% | -12.94% | 5.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OILD is 2, indicating that it is in the bottom 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs was 96.01%, occurring on Apr 5, 2024. The portfolio has not yet recovered.
The current MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs drawdown is 95.41%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -96.01% | Dec 2, 2021 | 588 | Apr 5, 2024 | — | — | — |
| -18.18% | Nov 22, 2021 | 3 | Nov 24, 2021 | 4 | Dec 1, 2021 | 7 |
| -3.42% | Nov 11, 2021 | 4 | Nov 16, 2021 | 1 | Nov 17, 2021 | 5 |
Volatility
Volatility Chart
The current MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs volatility is 18.50%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.