OILT vs. FTXN ETF Comparison
Comparison of Texas Capital Texas Oil Index ETF (OILT) to First Trust Nasdaq Oil & Gas ETF (FTXN)
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
$26.75
Average Daily Volume
1,971
24
FTXN
First Trust Nasdaq Oil & Gas ETF
FTXN Description
The First Trust Nasdaq Oil & Gas ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Oil & Gas Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Oil & Gas Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Oil & Gas Index.Grade (RS Rating)
Last Trade
$32.20
Average Daily Volume
45,734
42
Performance
| Period | OILT | FTXN |
|---|---|---|
| 30 Days | 7.28% | 8.28% |
| 60 Days | 7.55% | 9.74% |
| 90 Days | 2.30% | 6.57% |
| 12 Months | 15.58% |
15 Overlapping Holdings
| Symbol | Grade | Weight in OILT | Weight in FTXN | Overlap | |
|---|---|---|---|---|---|
| APA | D | 4.01% | 1.43% | 1.43% | |
| COP | C | 8.22% | 7.53% | 7.53% | |
| CTRA | B | 1.73% | 1.81% | 1.73% | |
| CVX | A | 4.62% | 8.09% | 4.62% | |
| DVN | F | 3.75% | 3.33% | 3.33% | |
| EOG | A | 7.42% | 6.6% | 6.6% | |
| FANG | C | 8.0% | 3.21% | 3.21% | |
| KMI | A | 2.76% | 4.83% | 2.76% | |
| MGY | A | 1.65% | 0.58% | 0.58% | |
| MTDR | B | 0.37% | 1.3% | 0.37% | |
| OVV | B | 4.58% | 2.3% | 2.3% | |
| OXY | D | 7.45% | 3.41% | 3.41% | |
| PR | B | 3.94% | 1.83% | 1.83% | |
| SM | B | 4.35% | 0.92% | 0.92% | |
| XOM | B | 8.17% | 7.81% | 7.81% |
OILT Underweight 27 Positions Relative to FTXN
| Symbol | Grade | Weight | |
|---|---|---|---|
| MPC | D | -5.3% | |
| WMB | A | -4.13% | |
| LNG | A | -3.91% | |
| SLB | C | -3.77% | |
| VLO | C | -3.6% | |
| PSX | C | -3.48% | |
| OKE | A | -3.22% | |
| TRGP | A | -2.48% | |
| HAL | C | -2.25% | |
| BKR | A | -2.02% | |
| DINO | D | -1.12% | |
| CHRD | D | -0.96% | |
| NOG | B | -0.83% | |
| TPL | A | -0.79% | |
| CNX | A | -0.71% | |
| DTM | A | -0.66% | |
| AROC | A | -0.57% | |
| WHD | B | -0.56% | |
| GPOR | B | -0.55% | |
| OII | B | -0.52% | |
| AM | A | -0.51% | |
| LBRT | D | -0.5% | |
| NOV | C | -0.46% | |
| WFRD | D | -0.42% | |
| VAL | F | -0.41% | |
| CVI | F | -0.36% | |
| TDW | F | -0.3% |
OILT: Top Represented Industries & Keywords
FTXN: Top Represented Industries & Keywords
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