OILU vs. OILT ETF Comparison

Comparison of ProShares UltraPro 3x Crude Oil ETF (OILU) to Texas Capital Texas Oil Index ETF (OILT)

OILU

ProShares UltraPro 3x Crude Oil ETF

OILU Description

The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The fund seeks to meet its investment objective by investing, under normal market conditions, in futures contracts for WTI sweet, light crude oil listed on the NYMEX, ICE Futures U.S. or other U.S. exchanges and listed options on such contracts.

Grade (RS Rating)

Last Trade

$39.20

Average Daily Volume

148,896

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

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

Number of Holdings ^*

24

* may have additional holdings in another (foreign) market

Performance

Period	OILU	OILT
30 Days	23.58%	8.41%
60 Days	17.72%	6.85%
90 Days	9.68%	2.73%
12 Months	7.54%

11 Overlapping Holdings

	Symbol	Grade	Weight in OILU	Weight in OILT	Overlap
	COP	C	8.25%	8.22%	8.22%
	CTRA	B	1.78%	1.73%	1.73%
	CVX	A	15.0%	4.62%	4.62%
	DVN	F	3.75%	3.75%	3.75%
	EOG	A	4.83%	7.42%	4.83%
	FANG	D	3.34%	8.0%	3.34%
	KMI	A	2.42%	2.76%	2.42%
	MRO	B	2.06%	4.23%	2.06%
	OVV	B	1.38%	4.58%	1.38%
	OXY	D	6.46%	7.45%	6.46%
	XOM	B	15.0%	8.17%	8.17%

OILU Overweight 14 Positions Relative to OILT

	Symbol	Grade	Weight
	SLB	C	4.58%
	MPC	D	3.93%
	VLO	C	3.31%
	HAL	C	2.96%
	PSX	C	2.94%
	EQT	B	2.91%
	HES	B	2.68%
	BKR	B	2.45%
	LNG	B	2.32%
	WMB	A	2.18%
	OKE	A	2.0%
	CHRD	D	1.57%
	FTI	A	1.01%
	DINO	D	0.89%

OILU Underweight 13 Positions Relative to OILT

	Symbol	Grade	Weight
	CRGY	B	-4.58%
	SM	B	-4.35%
	VTLE	C	-4.33%
	APA	D	-4.01%
	PR	B	-3.94%
	BP	D	-2.09%
	CRK	B	-1.93%
	MGY	A	-1.65%
	MUR	D	-1.32%
	REPX	A	-0.88%
	TTE	F	-0.81%
	REI	D	-0.66%
	MTDR	B	-0.37%

OILU: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Equipment & Services Oil & Gas Midstream Oil & Gas Refining & Marketing Oil & Gas Integrated

Keywords: S&P 500 Natural Gas Petroleum Industry Natural Gas Liquids Crude Oil Petroleum Products Petroleum Petroleum Production Midstream Refined Products Gas Transmission Liquefied Natural Gas Natural Gas Processing Propane Subsea Carbon Dioxide Chemical Fuel Gas Gathering Gasoline

OILT: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Integrated Oil & Gas Midstream

Keywords: Natural Gas S&P 500 Crude Oil Natural Gas Liquids Petroleum Industry Permian Basin Petroleum Petroleum Products Liquefied Natural Gas Midstream Natural Gas Properties Oil And Gas Properties Abu Dhabi National Oil Company Bakken Carbon Dioxide Chemical Commodity Petrochemicals Gas Exploration Gas Pipeline Gas Reserves