Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

iPath® Pure Beta Crude Oil ETN (OLEM)

15.14
Delayed Data
As of Jul 22
 -0.34 / -2.20%
Today’s Change
11.20
Today|||52-Week Range
21.41
+1.62%
Year-to-Date

Investment Objective

The iPath  Pure Beta Crude Oil ETN is designed to provide investors with exposure to the Barclays WTI Crude Oil Pure Beta Total Return Index. The Barclays WTI Crude Oil Pure Beta Total Return Index (the "Index") reflects the returns that are potentially available through an unleveraged investment in the futures contracts in the Crude Oil markets. The Index may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Pure Beta Series 2 Methodology.

Is Pokemon Go Bullish for Oil?
Jul 18 / GuruFocus News - Paid Partner Content
 

Performance

1 month-11.03% 3 years-28.90%
3 months-2.56% 5 years-19.12%
1 year-27.04% Since inception-20.18%
Data through 07/23/2016

Quote Details

Previous close$15.48
Open day’s range15.14 – 15.14
Net asset value (NAV)15.29 (07/22/2016)
Daily volume231
Average volume (3 months)4,395
Data as of 1:35pm ET, 07/22/2016

Peer Comparisonvs. Commodities energy ETFs

 OLEMCategory
Performance 5-yr return-19.12%-19.70%
Expense Gross exp ratio0.75%0.81%
Risk 5 year sharpe ratio-0.52-0.60
Net assets$29.0M$295.7M
Average market cap--$6.5B
Average P/E--21.6
Dividend / Share--0.28%

Competitors

UBN UBS ETRACS CMCI Energy Total Return ETN
RJN ELEMENTS Linked to the Rogers Internatio...
ONG iPath® Pure Beta Energy ETN

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.

Partner Offers

Search for Jobs