OILT vs. XOP ETF Comparison
Comparison of Texas Capital Texas Oil Index ETF (OILT) to SPDR S&P Oil & Gas Exploration & Production ETF (XOP)
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
$26.03
Average Daily Volume
1,940
24
XOP
SPDR S&P Oil & Gas Exploration & Production ETF
XOP Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U.S. total market composite index. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$142.72
Average Daily Volume
2,991,083
48
Performance
| Period | OILT | XOP |
|---|---|---|
| 30 Days | 4.29% | 5.82% |
| 60 Days | 4.65% | 6.58% |
| 90 Days | 1.80% | 5.03% |
| 12 Months | 4.60% |
19 Overlapping Holdings
| Symbol | Grade | Weight in OILT | Weight in XOP | Overlap | |
|---|---|---|---|---|---|
| APA | F | 4.01% | 2.29% | 2.29% | |
| COP | B | 8.22% | 2.65% | 2.65% | |
| CRGY | A | 4.58% | 1.67% | 1.67% | |
| CRK | A | 1.93% | 0.9% | 0.9% | |
| CTRA | B | 1.73% | 2.71% | 1.73% | |
| CVX | A | 4.62% | 2.8% | 2.8% | |
| DVN | F | 3.75% | 2.43% | 2.43% | |
| EOG | A | 7.42% | 2.75% | 2.75% | |
| FANG | D | 8.0% | 2.57% | 2.57% | |
| MGY | A | 1.65% | 2.59% | 1.65% | |
| MRO | A | 4.23% | 2.68% | 2.68% | |
| MTDR | C | 0.37% | 2.88% | 0.37% | |
| MUR | F | 1.32% | 2.37% | 1.32% | |
| OVV | C | 4.58% | 2.8% | 2.8% | |
| OXY | F | 7.45% | 2.41% | 2.41% | |
| PR | B | 3.94% | 2.73% | 2.73% | |
| SM | C | 4.35% | 2.75% | 2.75% | |
| VTLE | C | 4.33% | 0.79% | 0.79% | |
| XOM | B | 8.17% | 2.64% | 2.64% |
OILT Underweight 29 Positions Relative to XOP
| Symbol | Grade | Weight | |
|---|---|---|---|
| TPL | A | -4.09% | |
| CNX | A | -3.42% | |
| EQT | A | -3.14% | |
| RRC | B | -2.81% | |
| AR | B | -2.79% | |
| HES | B | -2.74% | |
| VLO | C | -2.53% | |
| PSX | C | -2.49% | |
| CIVI | D | -2.37% | |
| NOG | B | -2.37% | |
| CHRD | F | -2.37% | |
| MPC | D | -2.35% | |
| DINO | D | -2.28% | |
| PBF | D | -2.25% | |
| CRC | A | -1.96% | |
| GPOR | A | -1.43% | |
| KOS | D | -1.16% | |
| TALO | C | -1.01% | |
| DK | D | -0.9% | |
| PARR | F | -0.82% | |
| WKC | D | -0.57% | |
| GPRE | F | -0.56% | |
| CVI | D | -0.51% | |
| REX | D | -0.32% | |
| EGY | F | -0.26% | |
| BRY | F | -0.22% | |
| HPK | C | -0.19% | |
| CLNE | F | -0.18% | |
| SD | F | -0.15% |
OILT: Top Represented Industries & Keywords
XOP: Top Represented Industries & Keywords
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