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Dividend Vision

OILD — MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs

MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD)

OILD pays a 0.00% distribution rate, on a 0.95% expense ratio. Total return is -98.8% over the past 4.8 years, 176.0 points behind SPY at 77.2%. Its deepest 1-year drawdown was 75.5%.

OILD is a 3X inverse leveraged ETN designed to move in the opposite direction of oil and gas exploration and production companies, making it a bearish bet on the energy sector. The fund carries a 0.95% expense ratio and currently pays no distributions, reflecting its short-bias structure rather than a traditional income-focused approach. This product appeals primarily to sophisticated traders and investors seeking tactical hedges against energy sector rallies or those with bearish sector outlooks, rather than income-focused dividend investors.

OILD key facts

Issuer
REX Shares
Asset type
ETF
Asset class
Equity
Inception date
11/08/2021
Expense ratio
0.95%
Distribution rate
0.00%
Last close
$31.20
AUM
$35,862,482
Average volume
56178.0
Payment date
08/22/2016
Beta
0.06
P/E ratio
17.5665