MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETNMicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETNMicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN

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

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Key facts today


Several firms raised their price targets for Bank of Montreal (BMO) shares, with National Bank at C$160, UBS at C$158, and Canaccord Genuity at C$166.
On May 28, 2025, Bank of Montreal (BMO) reported quarterly earnings of $11.34 billion, with a coverage ratio of 24.63, up from $10.00 billion and 21.88 last year.
Bank of Montreal posted strong earnings, boosting Toronto's S&P/TSX composite index to a record high, despite a slight pullback from weaker results of other banks.
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Key stats


Assets under management (AUM)
‪29.52 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
0.2%
Shares outstanding
‪1.50 M‬
Expense ratio
0.95%

About MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN


Brand
REX Microsectors
Inception date
Nov 8, 2021
Structure
Exchange-Traded Note
Index tracked
Solactive MicroSectors Oil & Gas Exploration & Production Index
Management style
Passive
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
OILU is an aggressive and bullish one-day bet on a concentrated portfolio of US companies in the oil and gas exploration and production industry. The index has a slightly broader scope of the industry as it covers three segments: (i) integrated oil and gas exploration and production, (ii) upstream energy, and (iii) downstream and midstream energy. The index does not include MLPs. It selects the top 25 stocks by market-cap and weights the resulting portfolio by average daily value traded. The following weights are assigned per bucket: 30% for oil and gas exploration and production, 50% for upstream, and 20% for downstream and midstream. As a geared product, OILU is only designed as a short-term trading tool. Long-term returns could materially differ from those of the index due to daily compounding. Additionally, since the fund uses an ETN structure, investors assume the credit risk of the issuer.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Oil, gas & consumable fuels
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Tiered
Selection criteria
Market cap

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to OILU via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OILU trades at 19.94 USD today, its price has fallen −3.56% in the past 24 hours. Track more dynamics on OILU price chart.
OILU net asset value is 19.50 today — it's fallen 3.06% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
OILU assets under management is ‪29.52 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
OILU price has fallen by −0.26% over the last month, and its yearly performance shows a −52.67% decrease. See more dynamics on OILU price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.06% over the last month, showed a −33.37% decrease in three-month performance and has decreased by −52.66% in a year.
OILU fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OILU expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, OILU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, OILU technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OILU shows the sell signal. See more of OILU technicals for a more comprehensive analysis.
No, OILU doesn't pay dividends to its holders.
OILU trades at a premium (0.17%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
OILU shares are issued by Bank of Montreal
OILU follows the Solactive MicroSectors Oil & Gas Exploration & Production Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 8, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.