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OILT - ETF AI Analysis
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Texas Capital Texas Oil Index ETF (OILT)
Rating:70Outperform
Price Target:
$24.00
Positive Factors
Low Expense Ratio
The ETF charges a relatively low expense ratio, making it cost-effective for investors.
Strong Geographic Focus
The fund has significant exposure to the U.S. market, which is a stable and mature economy.
Energy Sector Focus
The ETF is heavily concentrated in the energy sector, which can benefit from rising oil prices and global energy demand.
Negative Factors
Underperforming Top Holdings
Several of the largest positions, including Diamondback and Occidental Petroleum, have shown weak year-to-date performance.
Over-Concentration in Energy
With over 96% of assets in the energy sector, the fund is highly vulnerable to downturns in oil and gas markets.
Small Asset Base
The ETF has relatively low assets under management, which may lead to less liquidity and higher trading costs for investors.
OILT vs. SPDR S&P 500 ETF (SPY)
AUM10.01M
RegionNorth America
Expense Ratio0.35%
Beta0.73
IssuerTexas Capital
Inception DateDec 21, 2023
Dividend Yield3.01%
Asset ClassEquity
Index TrackedAlerian Texas Weighted Oil and Gas Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,400
30 Day Avg. Volume3,277
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
26.92Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering30
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
OILT Summary
The Texas Capital Texas Oil Index ETF (OILT) is an investment fund focused on companies in the oil and gas exploration and production sector, primarily in Texas. It tracks the Alerian Texas Weighted Oil and Gas Index, which includes major energy companies like Exxon Mobil and Diamondback Energy. This ETF is designed for investors who want exposure to the energy industry, particularly Texas’s oil-rich region, which plays a key role in global energy production. It could be a good choice for those seeking growth opportunities in the energy sector. However, it’s important to note that the ETF’s performance is closely tied to oil prices, which can be volatile.
How much will it cost me?The Texas Capital Texas Oil Index ETF (OILT) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed and focuses on a specialized niche in the energy sector. Active management often involves higher costs due to research and portfolio adjustments.
What would affect this ETF?The Texas Capital Texas Oil Index ETF (OILT) could benefit from rising global energy demand and advancements in oil extraction technology, which may boost the profitability of its top holdings like Exxon Mobil and Diamondback. However, it faces risks from potential regulatory changes targeting fossil fuels, fluctuating oil prices, and economic slowdowns that could reduce energy consumption. Its focus on Texas oil companies makes it highly sensitive to regional factors, such as weather disruptions or local policy shifts.
OILT Top 10 Holdings
The Texas Capital Texas Oil Index ETF (OILT) is heavily concentrated in the energy sector, with nearly all its holdings tied to U.S.-based oil and gas companies. Exxon Mobil and Chevron are steady performers, buoyed by strategic growth initiatives and solid financial health, helping to stabilize the fund. However, lagging names like Occidental Petroleum and EOG Resources, both facing bearish trends and market challenges, are holding back overall performance. With a focus on Texas oil exploration, the fund’s fortunes are closely tied to the ups and downs of the energy market, making it a high-stakes play for investors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Exxon Mobil | 9.09% | $891.25K | $481.35B | -6.05% | 75 Outperform | |
| Diamondback | 8.85% | $867.40K | $40.36B | -25.23% | 74 Outperform | |
| Conocophillips | 8.30% | $813.94K | $109.79B | -22.82% | 77 Outperform | |
| Occidental Petroleum | 7.74% | $759.15K | $39.46B | -22.65% | 61 Neutral | |
| EOG Resources | 6.56% | $642.82K | $57.47B | -17.30% | 76 Outperform | |
| Chevron | 5.01% | $491.41K | $314.05B | -3.21% | 74 Outperform | |
| APA | 4.89% | $479.49K | $7.90B | -12.41% | 72 Outperform | |
| Devon Energy | 4.30% | $421.45K | $20.66B | -19.19% | 71 Outperform | |
| Crescent Energy Company Class A | 4.03% | $395.39K | $2.05B | -39.52% | 64 Neutral | |
| Vital Energy | 3.92% | $384.77K | $583.44M | -48.25% | 51 Neutral |
OILT Technical Analysis
Negative
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Price Trends
22.77
Negative
22.58
Negative
22.45
Negative
Market Momentum
-0.27
Negative
39.99
Neutral
16.25
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For OILT, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 21.96, equal to the 50-day MA of 22.77, and equal to the 200-day MA of 22.45, indicating a bearish trend. The MACD of -0.27 indicates Negative momentum. The RSI at 39.99 is Neutral, neither overbought nor oversold. The STOCH value of 16.25 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OILT.
OILT Peer Comparison
Comparison Results
Performance Comparison
OILT
Texas Capital Texas Oil Index ETF
21.58
-3.53
-14.06%
USAI
Pacer American Energy Independence ETF
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PXE
Invesco Dynamic Energy Exploration & Production ETF
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PSCE
Invesco S&P SmallCap Energy ETF
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PXI
Invesco DWA Energy Momentum ETF
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PXJ
Invesco Dynamic Oil & Gas Services ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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