Texas Capital Texas Oil Index ETF (OILT)
Texas Capital Texas Oil Index ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Dallas, TX, US. The stock last traded at $30.84, down 0.31% on the session, giving a market capitalisation of $12.2M. Its beta of -0.17 implies it has historically moved less than the broad market.
This fund aims to achieve its investment objectives by allocating at least 80% of its assets to holdings that comprise its underlying index, which includes direct securities, depositary receipts, or the underlying stocks represented by those receipts. The associated index employs an economic-value weighting methodology, concentrating on companies engaged in oil and gas extraction operations specifically within Texas. Please note, this fund is categorized as non-diversified.
Texas Capital Texas Oil Index ETF is most often compared with the following Financial Services names: