iPath Pure Beta Energy ETN (ONG)
| 39.56 Data as of May 02 |  0.00 / 0.00%Today’s Change | 35.04 Today|||52-Week Range 43.13 | -1.32% Year-to-Date |
Investment Objective
The investment seeks to replicate, net of expenses, the Barclays Capital Commodity Index Energy Pure Beta TR. The index is comprised of a basket of exchange traded futures contracts, and uses an allocation methodology designed to mitigate the effects of certain distortions in the commodity markets on such returns. Unlike many commodity indices which roll their exposure to the corresponding futures contract on a monthly basis in accordance with a pre-determined roll schedule, it may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Capital Pure Beta Series 2 Methodology.
Latest ONG News
| Hedge Your Portfolio with the Equity Bear ETF - ETF News And Commentary 10:23am / Zacks.com | Sugar ETFs: More Weakness Ahead? - ETF News And Commentary May 15 / Zacks.com |
| Trends in VIX Settlement May 20 / TheStreet.com | Two India ETFs Leading Emerging Markets Higher - ETF News And Commentary May 09 / Zacks.com |
| Unemployment: Is Resilience an Illusion? - Analyst Blog May 16 / Zacks.com | SPY Trends And Influencers: Monthly Edition April Into May 2013 May 01 / StockTwits |
Performance
| 1 month | +3.31% | 3 years | -- | |
| 3 months | -3.28% | 5 years | -- | |
| 1 year | -0.59% | Since inception | -9.89% |
Data through 05/23/2013
Quote Details
| Previous close | $39.56 |
| Open day’s range | -- – -- |
| Net asset value (NAV) | 40.22 (05/22/2013) |
| Daily volume | 0 |
| Average volume (3 months) | 26 |
Data as of 05/02/2013
Peer Comparisonvs. Commodities energy ETFs
| ONG | Category | |
|---|---|---|
| Performance 5-yr return | -- | -16.92% |
| Expense Gross exp ratio | 0.75% | 0.87% |
| Risk 5 year sharpe ratio | -- | -0.43 |
| Net assets | $2.4M | $153.7M |
| Average market cap | -- | $3.4B |
| Average P/E | -- | 9.2 |
| Dividend / Share | -- | 0.28% |
Competitors
| No competitors data available. |
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| Holdings not available. |