OILT vs. OILU ETF Comparison

Comparison of Texas Capital Texas Oil Index ETF (OILT) to ProShares UltraPro 3x Crude Oil ETF (OILU)
OILT

Texas Capital Texas Oil Index ETF

OILT Description

OILT aims to track the performance of an economic-value weighted index of energy companies that extract oil and gas within Texas. Companies in the index must be publicly traded and responsible for more than 0.1% of the annual state oil and gas production of Texas over the past 10 years based on data from the Texas Railroad Commission. The companies are sensitive to the price of West Texas Intermediate crude oil. Global and domestic infrastructure and trading have created efficiencies that have made the US a net exporter of oil and may positively impact the profitability of these companies. The stocks are weighted in the index by the aggregated economic value of oil and gas production of the company and multiplying it by the average oil and gas futures prices from the last day of trading of February in the current and previous year. Outside of extraordinary events, the index is reconstituted annually and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$24.28

Average Daily Volume

1,679

Number of Holdings *

24

* may have additional holdings in another (foreign) market
OILU

ProShares UltraPro 3x Crude Oil ETF

OILU Description The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The fund seeks to meet its investment objective by investing, under normal market conditions, in futures contracts for WTI sweet, light crude oil listed on the NYMEX, ICE Futures U.S. or other U.S. exchanges and listed options on such contracts.

Grade (RS Rating)

Last Trade

$29.76

Average Daily Volume

138,323

Number of Holdings *

25

* may have additional holdings in another (foreign) market
Performance
Period OILT OILU
30 Days -3.93% -13.89%
60 Days -7.49% -17.56%
90 Days -3.07% -12.24%
12 Months -28.92%
11 Overlapping Holdings
Symbol Grade Weight in OILT Weight in OILU Overlap
COP D 8.02% 8.25% 8.02%
CTRA F 1.63% 1.78% 1.63%
CVX A 4.59% 15.0% 4.59%
DVN F 3.93% 3.75% 3.75%
EOG D 7.12% 4.83% 4.83%
FANG F 8.33% 3.34% 3.34%
KMI B 2.74% 2.42% 2.42%
MRO C 4.11% 2.06% 2.06%
OVV F 4.28% 1.38% 1.38%
OXY F 7.94% 6.46% 6.46%
XOM C 8.56% 15.0% 8.56%
OILT Overweight 13 Positions Relative to OILU
Symbol Grade Weight
APA F 4.45%
SM F 4.36%
CRGY B 4.27%
VTLE F 3.94%
PR F 3.8%
BP F 2.27%
CRK B 1.86%
MGY C 1.65%
MUR F 1.33%
TTE F 0.93%
REPX F 0.74%
REI F 0.7%
MTDR D 0.34%
OILT Underweight 14 Positions Relative to OILU
Symbol Grade Weight
SLB F -4.58%
MPC F -3.93%
VLO F -3.31%
HAL F -2.96%
PSX F -2.94%
EQT C -2.91%
HES B -2.68%
BKR A -2.45%
LNG A -2.32%
WMB A -2.18%
OKE B -2.0%
CHRD F -1.57%
FTI B -1.01%
DINO F -0.89%
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