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ETFs

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN

OILD
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 8, 2021
Expense Ratio
0.95%
Type
US Equities
Fund Owner
MicroSectors
Volume (1m avg. daily)
$2,182,762
AUM
$18,652,634
Associated Index
Solactive MicroSectors Oil & Gas Exploration & Production Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View
Invest with OILD
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What is OILD?

The MicroSectors Oil & Gas Exploration & Production Exchange Traded Note is linked to the performance of the Solactive MicroSectors Oil & Gas Exploration & Production Index. The Solactive MicroSectors Oil & Gas Exploration & Production Index measures the performance of 25 large capitalization companies that are domiciled and listed in the U.S., and active in the exploration and production of oil and gas. The Index s underlying composition is weighted by average daily value traded.

1M
3M
6M
YTD
1Y
3Y
Max
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OILD
Performance Measures**

for the time period Nov 9, 2021 to Dec 15, 2025

Returns

1M Trailing Return: -0.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -13.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -97.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 80.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -0.58

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.56

The annualized return divided by the max drawdown for the selected time period.

ETFs related toOILD

ETFs correlated to OILD include ERY, DUG, NRGD

OILD
Bank of Montreal - MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged
ERY
Direxion Shares ETF Trust - Direxion Daily Energy Bear -2X Shares
DUG
ProShares Trust - ProShares UltraShort Energy
NRGD
Bank of Montreal - MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs
DRIP
Direxion Shares ETF Trust - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
SCO
ProShares Trust - ProShares UltraShort Bloomberg Crude Oil -2x Shares
FAZ
Direxion Shares ETF Trust - Direxion Daily Financial Bear 3x Shares
DOG
ProShares Trust - ProShares Short Dow30 -1x Shares
DXD
ProShares Trust - ProShares UltraShort Dow 30-2X Shares
SDOW
ProShares Trust - ProShares UltraPro Short Dow30 -3x Shares
TZA
Direxion Shares ETF Trust - Direxion Daily Small Cap Bear 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toOILD

3x Melting Pot

Category

Leveraged ETFs, Mean reversion, Daily rebalance, Long/short, Multi-asset, 3x, Buy-the-dip

OOS Cumulative Return

65.1%

The Golden Ratio Front Runnered

Category

Tactical allocation, volatility hedging, RSI-driven, trend-following, mean reversion, leveraged ETFs, managed futures, sector rotation, gold/bonds

OOS Cumulative Return

47.12%

Create your own algorithmic trading strategy with OILD using Composer

FAQ

OILD is a US Equities ETF. The MicroSectors Oil & Gas Exploration & Production Exchange Traded Note is linked to the performance of the Solactive MicroSectors Oil & Gas Exploration & Production Index. The Solactive MicroSectors Oil & Gas Exploration & Production Index measures the performance of 25 large capitalization companies that are domiciled and listed in the U.S., and active in the exploration and production of oil and gas. The Index s underlying composition is weighted by average daily value traded.

OILD tracks the Solactive MicroSectors Oil & Gas Exploration & Production Index.

No, OILD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, OILD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on OILD is -0.1254%. This is the percent change in the value of OILD over the most recent 1-month period. The 3-month return on OILD is -0.3704%. This is the percent change in the value of OILD over the most recent 3-month period.

The standard deviation of OILD for the past year is 0.8389%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to OILD include SSO, QID, and SDS.

ETFs correlated to OILD include ERY, DUG, and NRGD.

ETFs that are inversely correlated to OILD include OILU, FENY, and VDE.

Yes, OILD is a Leveraged (3x) ETF: This means that OILD will try to match the performance of Solactive MicroSectors Oil & Gas Exploration & Production Index, but with 3x the returns.

No, OILD is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.