DRLL vs. OILT ETF Comparison
Comparison of Strive U.S. Energy ETF (DRLL) to Texas Capital Texas Oil Index ETF (OILT)
DRLL
Strive U.S. Energy ETF
DRLL Description
Strive U.S. Energy ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Strive Asset Management, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across energy sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive United States Energy Regulated Capped Index, by using full replication technique. Strive U.S. Energy ETF was formed on August 9, 2022 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$30.93
Average Daily Volume
86,950
35
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
$26.86
Average Daily Volume
1,988
24
Performance
| Period | DRLL | OILT |
|---|---|---|
| 30 Days | 8.26% | 8.41% |
| 60 Days | 8.14% | 6.85% |
| 90 Days | 6.74% | 2.73% |
| 12 Months | 12.40% |
17 Overlapping Holdings
| Symbol | Grade | Weight in DRLL | Weight in OILT | Overlap | |
|---|---|---|---|---|---|
| APA | D | 0.77% | 4.01% | 0.77% | |
| COP | C | 4.41% | 8.22% | 4.41% | |
| CRK | B | 0.12% | 1.93% | 0.12% | |
| CTRA | B | 1.78% | 1.73% | 1.73% | |
| CVX | A | 21.14% | 4.62% | 4.62% | |
| DVN | F | 2.31% | 3.75% | 2.31% | |
| EOG | A | 4.64% | 7.42% | 4.64% | |
| FANG | D | 3.07% | 8.0% | 3.07% | |
| MGY | A | 0.43% | 1.65% | 0.43% | |
| MRO | B | 1.52% | 4.23% | 1.52% | |
| MTDR | B | 0.62% | 0.37% | 0.37% | |
| MUR | D | 0.44% | 1.32% | 0.44% | |
| OVV | B | 1.11% | 4.58% | 1.11% | |
| OXY | D | 3.04% | 7.45% | 3.04% | |
| PR | B | 0.88% | 3.94% | 0.88% | |
| SM | B | 0.46% | 4.35% | 0.46% | |
| XOM | B | 22.42% | 8.17% | 8.17% |
DRLL: Top Represented Industries & Keywords
OILT: Top Represented Industries & Keywords
Compare ETFs
