HK:3097 ETF Price & Analysis
3097 ETF Chart & Stats
9.63
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Market closed
9.63
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Day’s Range― - ―
52-Week Range4.37 - 10.42
Previous Close9.63
VolumeN/A
Average Volume (3M)255.98K
AUMN/A
NAV9.79
Expense Ratio1.87%
Holdings CountN/A
Beta0.09
Inception DateJun 10, 2016
Next Dividend Ex-DateN/A
Dividend Yield
(―)Shares OutstandingN/A
Standard DeviationN/A
10 Day Avg. Volume334,460
30 Day Avg. Volume255,981
AlphaN/A
ETF Overview
Global X S&P Crude Oil Futures Enhanced ER ETF
The Global X S&P Crude Oil Futures Enhanced ER ETF (Ticker: HK:3097) offers investors an innovative approach to tapping into the dynamic energy sector, with a primary focus on crude oil. This ETF is designed for those looking to gain exposure to the crude oil market through a strategic laddered investment approach. By utilizing a laddered strategy, the fund systematically diversifies across different maturities of crude oil futures contracts, aiming to mitigate the risks associated with the volatility of short-term price fluctuations and contract roll yields.
As part of its enhanced methodology, the Global X S&P Crude Oil Futures Enhanced ER ETF actively manages its positions in S&P-rated crude oil futures to optimize returns while maintaining a robust risk management framework. This makes it an attractive option for investors seeking to capitalize on the fluctuating global energy market while minimizing downside risks.
Within the energy sector, this ETF stands out by providing a sophisticated and balanced exposure specifically to crude oil, setting it apart from broader energy funds. By focusing on this niche, it offers both institutional and retail investors a targeted vehicle to align with their investment strategies, whether for hedging purposes or speculative opportunities in the ever-evolving landscape of global energy commodities.
Global X S&P Crude Oil Futures Enhanced ER ETF (3097) Fund Flow Chart
Global X S&P Crude Oil Futures Enhanced ER ETF (3097) 1 year Net Flows: 0
3097 ETF FAQ
What was HK:3097’s price range in the past 12 months?
HK:3097 lowest ETF price was 4.37 and its highest was 10.42 in the past 12 months.
What is the AUM of HK:3097?
Currently, no data Available
Is HK:3097 overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does HK:3097 pay dividends?
HK:3097 does not currently pay dividends.
How many shares outstanding does HK:3097 have?
Currently, no data Available
Which hedge fund is a major shareholder of HK:3097?
Currently, no hedge funds are holding shares in HK:3097