MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (ticker: OILD) offers investors a dynamic tool to capitalize on market movements within the energy sector, specifically targeting the oil, gas, and consumable fuels niche. This exchange-traded note provides a strategic opportunity for sophisticated investors seeking to profit from declines in the oil and gas exploration and production industry. By delivering three times the inverse performance of a benchmark index, OILD is designed for tactical traders and those with a bearish outlook on this volatile segment of the energy market.
This ETN is not for the faint-hearted; it utilizes leverage to amplify daily returns, making it a high-risk, high-reward investment vehicle. As a sector-focused product, OILD allows investors to hedge against potential downturns in oil prices or to speculate on negative market trends affecting major oil and gas producers. Its niche focus on consumable fuels ensures a concentrated exposure to companies involved in the exploration and production of these critical energy resources.
Investors considering OILD should have a firm understanding of the underlying market dynamics and be prepared for significant price fluctuations. This ETN is best suited for those with a short-term investment horizon and a robust risk tolerance, as the leveraged inverse structure can result in substantial gains or losses. With its precise targeting of the energy sector's most pivotal components, OILD stands out as a potent instrument for those betting against the tide in oil and gas markets.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (OILD) Fund Flow Chart
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (OILD) 1 year Net Flows: 0
OILD ETF FAQ
What was OILD’s price range in the past 12 months?
OILD lowest ETF price was 12.19 and its highest was 20.85 in the past 12 months.
What is the AUM of OILD?
As of Feb 20, 2025 The AUM of OILD is 13.90M.
Is OILD overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does OILD pay dividends?
OILD does not currently pay dividends.
How many shares outstanding does OILD have?
OILD has 1,000,000 shares outstanding.
Which hedge fund is a major shareholder of OILD?
Currently, no hedge funds are holding shares in OILD