Aberdeen Standard Bloomberg WTI Crude Oil Strategy K-1 Free ETF (AOIL)
Aberdeen Standard Bloomberg WTI Crude Oil Strategy K-1 Free ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $21.78, down 0.28% on the session, giving a market capitalisation of $3.3M. Its beta of 0.00 implies it has historically moved less than the broad market.
The fund aims to generate total returns through its actively managed exposure to the Bloomberg WTI Crude Oil Subindex Total ReturnSM (referred to as "the index"). While operating as an actively managed exchange-traded fund (ETF), it is not mandated to precisely mirror the index's performance or invest in every one of its constituent parts. However, the fund generally seeks to align its holdings with those in the index by investing in WTI crude oil futures, employing the exact same futures rolling schedule as the index itself. This investment is non-diversified.
Aberdeen Standard Bloomberg WTI Crude Oil Strategy K-1 Free ETF is most often compared with the following Financial Services names: