iPath Pure Beta Crude Oil ETN (OLEM)
Description
The investment seeks to track the performance of the Barclays WTI Crude Oil Pure Beta TR Index. The OLEM ETF contains constituents. It is focused on holdings in the region.
Price $30.58 as of 2022-10-19Cost/Risk/Yield
| Dividend yield | |
| Expense ratio | 0.75% |
| Average spread | 0.229% |
| 1Y roundtrip cost | 0.979% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 14.5% | 8.1% | 10.9% | 2.5% | 11.2% | -6.7% | -2.6% | -5.7% | -10.2% | 8.1% | 30.2% | ||
| 2021 | 6.4% | 17.5% | -0.9% | 6.8% | 5.2% | 9.3% | 1.2% | -4.5% | 9.9% | 7.2% | -16.1% | 14.2% | 56.3% |
| 2020 | -13.4% | -12.4% | -35.2% | -10.6% | 31.0% | 10.4% | 4.1% | 0.0% | 0.0% | 0.0% | 0.0% | 12.3% | -13.8% |
| 2019 | 16.4% | 5.8% | 2.7% | 5.5% | -15.9% | 8.1% | 0.7% | -6.1% | -0.5% | 1.5% | 2.9% | 10.2% | 31.3% |
| 2018 | 6.9% | -0.7% | 3.3% | 6.8% | -0.6% | 4.8% | -2.4% | 1.8% | 3.8% | -6.2% | -24.7% | -8.1% | -15.2% |
| 2017 | -4.7% | 0.7% | -6.5% | -4.0% | -1.8% | -6.5% | 8.9% | -5.8% | 9.9% | 4.3% | 5.4% | 4.0% | 4.0% |
| 2016 | -8.0% | -3.0% | 8.1% | 14.4% | 6.4% | -2.3% | -15.7% | 5.0% | 6.0% | -4.0% | 4.5% | 7.9% | 19.3% |
| 2015 | -8.4% | 6.5% | -8.6% | 17.2% | -1.9% | -1.5% | -20.5% | 2.9% | -9.5% | 2.8% | -10.4% | -13.3% | -44.7% |
| 2014 | -1.9% | 5.2% | 0.0% | -0.7% | 3.7% | 3.8% | -6.2% | -2.0% | -4.3% | -10.7% | -14.9% | -19.5% | -47.5% |
| 2013 | 5.8% | -6.2% | 4.6% | -4.4% | 0.2% | 3.2% | 6.9% | 4.0% | -2.9% | -3.6% | -3.4% | 5.8% | 10.1% |
| 2012 | 0.1% | 7.8% | -3.1% | 0.6% | -17.4% | -1.7% | 2.4% | 9.3% | -4.3% | -6.6% | 2.7% | 1.7% | -8.6% |
| 2011 | -9.7% | -8.0% | 0.1% | -8.0% | -11.7% | 16.7% | 8.5% | -1.3% | -13.3% | ||||
| 13.8% | 29.4% | -24.7% | 34.2% | 10.5% | 13.0% | -23.1% | -9.2% | -13.7% | 9.5% | -45.3% | 13.8% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Sweet Light Crude Oil (WTI) | 100.00% |
| Top 1 Weights | 100.00% |
Compare with similar ETFs
| OLEM | GSG | GSP | OIL | USL | USO | |
|---|---|---|---|---|---|---|
| Product name | iPath Pure Beta Crude Oil ETN | iShares S&P GSCI Commodity-Indexed Trust ETF | iPath S&P GSCI Total Return Index ETN | iPath S&P GSCI Crude Oil Total Return Index ETN | United States 12 Month Oil ETF | United States Oil Fund |
| Issuer | N/A | iShares | iPath | iPath | US Commodity Funds | US Commodity Funds |
| Price | $30.58 | $21.45 | $21.92 | $30.57 | $34.9 | $70.18 |
| Expense Ratio | 0.75% |  0.85% | 0.75% | 0.85% | 0.88% | 0.79% |
| Average Spread | 0.229% | 0.047% | 0.365% | 0.229% | 0.086% | 0.014% |
| AUM | $0 | $1,702,160,000 | $32,967,100 | $107,495,000 | $185,743,000 | $3,363,480,000 |
| Shares | 0 | 79,354,839 | 1,503,973 | 3,516,350 | 5,322,138 | 47,926,509 |
| Average Daily Volume | 49,984 | 1,205,572 | 7,643 | 52,380 | 42,073 | 3,678,220 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2011-04-20 | 2006-07-10 | 2006-06-06 | 2011-04-20 | 2007-12-06 | 2006-04-10 |
| Index Tracked | Barclays WTI Crude Oil Pure Beta TR Index | S&P GSCI | S&P GSCI | Barclays WTI Crude Oil Pure Beta TR Index | 12 Month Light Sweet Crude Oil | Front Month Light Sweet Crude Oil |
| Category | Oil & Gas | Commodities | Commodities | Oil & Gas | Oil & Gas | Oil & Gas |
| Asset Class | Commodity | Commodity | Commodity | Commodity | Commodity | Commodity |
| Asset Class Size | ||||||
| Value or Growth | ||||||
| Region | ||||||
| Countries | Broad | |||||
| Annual Dividend Rate | $0 | $0 | $0 | $0 | $0 | $0 |
| Annual Dividend Yield | 0.000% | 0.000% | 0.000% | 0.000% | 0.000% | 0.000% |
| Number of Holdings | ||||||
| YTD Return | 30.24% | 25.37% | 31.02% | 30.20% | 24.96% | 29.10% |
| Beta | -0.94 | -0.74 | -0.83 | -0.99 | -0.79 | -1.27 |
| Upside Beta | 0.65 | 0.05 | 0.07 | 0.71 | 0.40 | -0.11 |
| Downside Beta | 0.69 | 0.00 | -0.01 | 0.72 | 0.22 | -0.16 |
| Volatility 1Y | 45.46% | 31.87% | 38.24% | 45.45% | 40.58% | 43.66% |
| Sharpe Ratio 3Y | 1.01 | 0.77 | 0.77 | 0.99 | 0.91 | -0.30 |
| Treynor Ratio 3Y | -0.03 | -0.02 | -0.02 | -0.03 | -0.03 | 0.01 |