- ISIN
- US0636795835
- Issuer
- BMO
- Inception Date
- Nov 9, 2021
- Category
- Leveraged Equities, Energy Equities, Oil & Gas
- Leveraged
- 3x
- Index Tracked
- Solactive MicroSectors Oil & Gas Exploration & Production Index
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Assets Under Management
- $65M
Highlights
- Avg. Volume (1M)
- 214K
- Avg. Volume Value (1M)
- $8.45M
Share Price Chart
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Performance
OILU Performance Chart
MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) is up 95.1% since the beginning of the year. OILU is currently trading at $45 per share.
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Returns By Period
MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) has returned 95.09% so far this year and 107.91% over the past 12 months.
MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN
- 1D
- 3.79%
- 1M
- 38.67%
- 6M
- 37.11%
- YTD
- 95.09%
- 1Y
- 107.91%
- 3Y*
- 1.15%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 13.25%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
OILU Monthly Returns History
Based on dividend-adjusted daily data since Nov 9, 2021, OILU's average daily return is +0.18%, while the average monthly return is +3.66%. At this rate, an investment would double in approximately 1.6 years.
Historically, 53% of months were positive and 47% were negative. The best month was Oct 2022 with a return of +76.8%, while the worst month was Jun 2022 at -48.1%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 4 months.
On a daily basis, OILU closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +24.2%, while the worst single day was Apr 4, 2025 at -28.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 42.29% | 25.51% | 33.09% | -7.14% | -21.01% | -19.88% | 39.66% | 95.09% | |||||
| 2025 | 3.88% | 6.42% | 8.89% | -44.37% | 5.09% | 11.64% | 5.94% | 7.50% | -1.99% | -7.19% | 8.73% | -5.65% | -16.50% |
| 2024 | -5.77% | 8.71% | 31.20% | -5.39% | -3.45% | -6.84% | 2.43% | -12.46% | -13.13% | -2.39% | 20.73% | -25.37% | -21.65% |
| 2023 | 5.18% | -23.04% | -5.71% | 3.19% | -28.15% | 19.08% | 25.07% | 1.59% | 3.61% | -16.19% | -6.96% | -2.41% | -32.50% |
| 2022 | 58.64% | 24.13% | 29.80% | -7.69% | 49.34% | -48.11% | 28.36% | 7.08% | -30.21% | 76.75% | -2.75% | -16.72% | 151.08% |
| 2021 | -23.16% | 8.29% | -16.79% |
Benchmark Metrics
MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN has an annualized alpha of 27.94%, beta of 1.85, and R2 of 0.16 versus S&P 500 Index. Calculated based on daily prices since November 09, 2021.
- This ETF captured 176.07% of S&P 500 Index gains and 147.16% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.16 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 27.94%
- Beta
- 1.85
- R²
- 0.16
- Upside Capture
- 176.07%
- Downside Capture
- 147.16%
Expense Ratio
OILU has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
OILU ranks 55 for risk / return — above 55% of ETFs peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OILU | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.25 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | 2.00 | +0.07 |
| Martin ratioReturn relative to average drawdown | 5.11 | 8.49 | -3.38 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN. 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 MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN was 81.00%, occurring on Apr 10, 2025. The portfolio has not yet recovered.
The current MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN drawdown is 47.53%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-81.00%Apr 2025 | 2y 10mo | — | 4y 1moJun 2022 - now | 2025 selloff2025 |
-29.87%Dec 2021 | 1mo 10d | 17d | 1mo 27dNov 2021 - Jan 2022 | — |
-26.60%Apr 2022 | 6d | 9d | 15dApr 2022 - May 2022 | Bear market2022 |
-25.46%May 2022 | 1d | 16d | 16dMay 2022 - May 2022 | Bear market2022 |
-21.96%Mar 2022 | 5d | 7d | 12dMar 2022 - Mar 2022 | Bear market2022 |
Drawdown Indicators
| OILU | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.00% | -56.78% | -24.22% |
Max Drawdown (1Y)Largest decline over 1 year | -46.49% | -9.10% | -37.39% |
Max Drawdown (3Y)Largest decline over 3 years | -69.09% | -18.90% | -50.19% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -47.53% | -1.58% | -45.95% |
Average DrawdownAverage peak-to-trough decline | -50.69% | -10.70% | -39.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.88% | 2.14% | +16.74% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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