MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU)
OILU is an actively managed ETF by BMO Financial Group. OILU launched on Mar 24, 2017 and has a 0.95% expense ratio.
ETF Info
| ISIN | US0636795835 |
|---|---|
| Issuer | BMO Financial Group |
| Inception Date | Mar 24, 2017 |
| Category | Leveraged Commodities |
| Leveraged | 3x |
| Asset Class | Commodity |
Expense Ratio
OILU has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: OILU vs. FRO, OILU vs. NRGU, OILU vs. UCO, OILU vs. USOI, OILU vs. SPY, OILU vs. SQQQ, OILU vs. QQQ, OILU vs. USO, OILU vs. TQQQ, OILU vs. GUSH
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN, 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
MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN had a return of 0.85% year-to-date (YTD) and -2.20% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.85% | 25.45% |
| 1 month | -2.77% | 2.91% |
| 6 months | -20.21% | 14.05% |
| 1 year | -2.20% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of OILU, 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 | -5.77% | 8.71% | 31.20% | -5.39% | -3.45% | -6.84% | 2.43% | -12.46% | -13.13% | -2.39% | 0.85% | ||
| 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 | -17.58% | 8.29% | -10.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OILU is 7, indicating that it is in the bottom 7% 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 MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN (OILU) 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 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 67.43%, occurring on Sep 11, 2024. The portfolio has not yet recovered.
The current MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN drawdown is 58.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -67.43% | Jun 8, 2022 | 568 | Sep 11, 2024 | — | — | — |
| -26.6% | Apr 19, 2022 | 5 | Apr 25, 2022 | 7 | May 4, 2022 | 12 |
| -25.46% | May 9, 2022 | 1 | May 9, 2022 | 12 | May 25, 2022 | 13 |
| -24.97% | Nov 17, 2021 | 23 | Dec 20, 2021 | 10 | Jan 4, 2022 | 33 |
| -21.96% | Mar 11, 2022 | 4 | Mar 16, 2022 | 5 | Mar 23, 2022 | 9 |
Volatility
Volatility Chart
The current MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN volatility is 19.30%, 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.