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OILU — MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETNs

MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETNs (OILU)

OILU pays a 0.00% distribution rate, on a 0.95% expense ratio. Total return is 112.9% over the past 4.8 years, 34.4 points ahead of SPY at 78.5%. Its deepest 1-year drawdown was 46.5%.

OILU is a 3x leveraged exchange-traded note that seeks to deliver three times the daily performance of oil and gas exploration and production companies, amplifying both gains and losses in this energy sector. The fund carries a 0.95% expense ratio and does not currently distribute income, making it unsuitable for yield-focused investors. This product appeals primarily to experienced traders and tactical investors seeking short-term directional exposure to energy stocks with magnified returns, though leverage introduces substantial volatility and decay risk over longer holding periods.

OILU 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
$49.55
AUM
$64,699,987
Average volume
159400.0
Beta
-0.01
P/E ratio
20.2849