Oil and gas prices have certainly been crucial to the market this year, and energy ETFs like OILT have been moving as a result. Key Takeaways: The Texas Capital Texas Oil Index ETF (OILT) is delivering strong results, with a one-month return of 8.25%, as of September 2, 2026.
The Texas Capital Texas Oil Index ETF (OILT) climbed 12.5% in July, outpacing both broad market equities and energy sector peers. During the month, the State Street SPDR S&P 500 ETF Trust (SPY) held steady, while the State Street Energy Select Sector SPDR ETF (XLE) rose 12.1% over the same period.
The conflict between the U.S., Israel, and Iran is sending shockwaves through global crude oil markets. Refineries in Europe and Asia are paying record high prices for crude, a staggering reflection of the tightening supply chain.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Jeff Ameen Spire Wealth Management | 2,400 | $64,924.8 | $82,176 | $17,251.2 | 26.57% |
| ARCA Exchange | US Country |
The fund is designed to offer investors exposure to the oil and gas sector, focusing specifically on companies that operate within Texas. It aims to follow the performance of an economic-value weighted index that includes companies involved in the extraction of oil and gas in this region. By investing at least 80% of its assets in securities that are part of its underlying index, along with depositary receipts that represent these securities, the fund strives to mirror the index's performance. These investments can include both the securities directly and the underlying stocks related to the depositary receipts that are part of the index. This approach highlights the fund's intention to maintain a concentrated focus on the energy sector, particularly within the geographical confines of Texas. The fund has a non-diversified status, indicating a potentially higher risk and reward profile due to its concentrated investment strategy.
The bulk of the fund's assets are allocated to securities that form part of its specific underlying index. This is a strategic choice to closely follow the performance of companies within the Texas oil and gas sector, making the fund an attractive option for investors seeking targeted exposure to this industry.
In addition to direct investments in index securities, the fund expands its reach by investing in depositary receipts. These receipts represent securities included in the fund's underlying index. This method allows the fund to encompass a broader range of securities within its portfolio, enhancing its ability to replicate the index's performance more accurately.
The fund also invests in the underlying stocks of the depositary receipts that are part of its index. By doing so, it ensures a more comprehensive investment coverage of the companies it aims to track, further aligning the fund's performance with that of its underlying index. This strategy is designed to provide investors with a more robust exposure to the Texas oil and gas extraction industry through a varied yet focused investment vehicle.