Key stats
About WisdomTree Petroleum 2x Daily Leveraged
Home page
Inception date
Mar 11, 2008
Structure
Limited Recourse Debt Obligations
Replication method
Synthetic
Primary advisor
WisdomTree Management Jersey Ltd.
ISIN
JE00BDD9Q733
WisdomTree Petroleum 2x Daily Leveraged is designed to enable investors to gain a 'leveraged' exposure to a total return investment in petroleum commodities futures contracts by tracking the Bloomberg Petroleum Subindex (the Index) and providing a collateral yield.
Related funds
Classification
Soybean Oil - Unveiling Insights Beyond the Common PerspectiveAnalyzing Soybean Oil CBOT:ZL1! on a monthly chart, my focus is on WisdomTree Soybean Oil LSE:SOYO on the LSE. Here's the rundown:
Bullish Surge: Prices skyrocketed by 281% from 2020 to 2022!
Pullback: A retracement to the 61.8% Fibonacci level occurred from 2022-2024.
Pattern Aler
AIGE might be gearing up for a bull run!We've seen a correction retracing over 61.8% of the prior uptrend. Does this signal a bear market? Not necessarily. Early bull markets can see deep corrections, but as long as the 61.8% level holds, the bull market is still going, just not at full strength.
Look closer at the chart. In the past, ma
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OOED assets under management is 1.32 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OOED expense ratio is 1.03%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, OOED is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, OOED doesn't pay dividends to its holders.
OOED shares are issued by WisdomTree, Inc.
OOED follows the Bloomberg Petroleum Subindex. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 11, 2008.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.