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WTIC

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    13.1437$
  • Previous Close
    13.3871$
  • 52 Week Change
    --
  • Day Range
    -0.24$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product symbol WTIC.F refers to the WisdomTree Brent Crude Oil ETC. This exchange-traded commodity (ETC) is designed to track the Bloomberg Brent Crude Subindex, aiming to provide investors with exposure to the spot price movements of Brent crude oil. As an ETC, it's structured as a debt instrument, meaning its value is linked to the performance of the underlying commodity index. Investors should note that ETCs may have different risk profiles than traditional ETFs, including credit risk associated with the issuer.
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Factors

WTIC.F ETFs are affected by various factors. Oil Prices: WTIC.F tracks West Texas Intermediate crude oil futures; therefore, crude oil's price directly influences the ETF's value. Supply/demand dynamics, geopolitical events, and economic conditions all impact oil prices. Futures Contract Roll: WTIC.F often rolls its holdings from near-term to later-dated oil futures contracts. This "roll yield" can impact performance, particularly if futures prices are in contango (future prices higher than spot prices). Storage Costs: The cost of storing oil can influence the price of oil futures, especially during periods of oversupply. Higher storage costs may decrease future prices, impacting WTIC.F. Interest Rates: Interest rate changes can influence the value of commodities and currencies, affecting the price of crude oil futures and WTIC.F's value. Economic Data: Economic indicators (e.g., GDP growth, inflation, employment) can shift expectations for energy demand, impacting oil prices and consequently, WTIC.F.

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