OCTA
Octane All-Cap Value Energy ETF
The Octane All-Cap Value Energy ETF seeks to provide investors with long-term capital appreciation by investing primarily in equity securities of energy companies across a wide range of market capitalizations.
Global
EQUITY
Active
MANAGEMENT STYLE
0.8 M
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Fund sponsor | Octane |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Jul 31, 2024 |
| Assets (mns) | $1 |
| Expense ratio | 30 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Stock selection | |
| Weighting | |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| SM ENERGY CO | 5.3 % |
| TOTAL SA-SPON ADR | 4.8 % |
| PEABODY ENERGY CORPORATION | 4.8 % |
| CIVITAS RESOURCES, INC. | 4.6 % |
| ENCANA CORP | 4.5 % |
| CONSOL ENERGY INC | 4.2 % |
| VALERO ENERGY CORP | 4.1 % |
| SHELL PLC | 4.1 % |
| EOG RESOURCES, INC. | 4.1 % |
| CASH & OTHER | 4.1 % |
Constituent Breakdown
| Number of holdings | 25 |
| Herfindahl-Hirschman Index | 379 |
| Wgt avg mkt cap (mns) | $22,884 |
| Large cap (>$10bn) | 35.1% |
| Mid cap ($2-10bn) | 45.9% |
| Small cap (<$2bn) | 19.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 65.1 % |
 |
CANADA | 7.7 % |
 |
FRANCE | 4.8 % |
 |
BRITAIN | 2.9 % |
 |
LUXEMBOURG | 2.9 % |
 |
ITALY | 2.6 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -5.4% | -- | -- | -- | -- | -- | -5.4% | Volatility | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 1 |
| Turnover | 2.0% |
| Avg. Bid/Ask (% of price) | 0.18% |
| ADV of underlying (mns) | $2,009 |
Technical Indicators
| Recent close | $16.00 |
| 30d moving avg. | $17.85 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 0 |
| Short interest (ETF) | 0.3% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. OCTA |
Expenses vs. OCTA |
ALTAR Score™ vs. OCTA |
|---|---|---|---|---|
| PXE | Invesco Energy Exploration & Production ETF | 34.1% | +30 bp | -1.0% |
| XOP | SPDR S&P Oil & Gas Exploration & Production ETF | 25.9% | +5 bp | -4.0% |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | 23.9% | +10 bp | -4.6% |
| FXN | First Trust Energy AlphaDEX Fund | 22.7% | +32 bp | -5.0% |
| RSPG | Invesco S&P 500 Equal Weight Energy ETF | 22.1% | +10 bp | -7.0% |
| FTXN | First Trust Nasdaq Oil & Gas ETF | 21.7% | +30 bp | -5.5% |
| DRLL | Strive U.S. Energy ETF | 21.1% | +11 bp | -6.5% |
| FCG | First Trust Natural Gas ETF | 17.8% | +30 bp | -1.5% |
| PXI | Invesco Dorsey Wright Energy Momentum ETF | 17.8% | +30 bp | -7.6% |
| FENY | Fidelity MSCI Energy Index ETF | 16.5% | -22 bp | -7.2% |
Risk and Returns: OCTA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/24/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
OCTA
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
OCTA
14.5%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 374 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.7%. OCTA's ALTAR Score™ is approximately
2.2 standard deviations
above
the category average. This places OCTA in the 99th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
OCTASELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active Global Equity ETFs |
| # of ETFs | 118 |
| Avg. Expense Ratio | 73.5 bp |
| Std. Deviation | 29.8 bp |
| OCTA (30 bp) Percentile rank | 8 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| OCTA | 30.0 | 18.3 | 48.3 |
| Peer Avg. | 74.2 | 38.6 | 112.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .