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About Exchange Traded Concepts Trust Range Global Offshore Oil Services Index ETF
Expense ratio
0.85%
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Inception date
Jan 23, 2024
OFOS seeks to mirror the performance of an index primarily including companies within the offshore oil services ecosystem, focusing on production, exploration, development, transportation and distribution. The fund employs a market cap-weighted methodology, categorizing eligible enterprises into segments based on their revenue. These are named pure play, pre-revenue and diversified organizations. OFOS sets limits for individual securities within each category to manage risk and ensure portfolio diversification. Investments may also include MLPs, capped at 25%. The fund is globally diversified, excluding China and Russia, and adheres to composition and market-cap requirements for index inclusion and continued presence. Reconstitution and rebalancing occur semi-annually, with the flexibility to make adjustment due to significant corporate actions. OFOS maintains the ability to allocate a portion of its assets to investments outside of the Index if deemed beneficial for performance tracking.
Classification
What's in the fund
Exposure type
Industrial Services
Transportation
Stock breakdown by region