iPath Pure Beta Crude Oil ETN (OLEM)

  • Loading...

Fund Description

The investment seeks to replicate, net of expenses, the Barclays Capital WTI Crude Oil Pure Beta TR index. The index is comprised of a single exchange traded futures contract, except during the roll period when it may be comprised of two futures contracts. However, unlike many commodity indices which roll their exposure to the corresponding futures contract on a monthly basis in accordance with a pre-determined roll schedule, the index may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Capital Pure Beta Series 2 Methodology.

Fund Snapshot Updated 05.16.2013

Previous Close $39.22 Expense Ratio 0.75%
YTD Return 1.8% Avg. 30-Day Volume 1,286
1-Year Return 2.2% Market Cap Loading...
Bid $39.17 Shares Outstanding 134,000
Ask $39.21 Dividends $0.00
Advertisement
Best Fit Natural Resources Funds

1

SPDR S&P Oil & Gas Equipment & Services ETF (XES)

2

Vanguard Energy Index Fund (VDE)

3

iShares MSCI Global Select Metals & Mining Producers Fund (PICK)

4

SPDR S&P Oil & Gas Exploration & Production ETF (XOP)

See full rankings for Natural Resources Funds

Slide Shows
7 Mutual Funds That Make Huge Bets

These funds invest much of their portfolios in one company.

Why Dow 14,000 Is a Tough Milestone

History shows this mark to be one of the most difficult for the market.

Emerging Markets to Consider in 2013

The Philippines, China and other key emerging markets for this year.