Key Highlights

  • OOO (ASX:OOO) gives crude oil exposure through a synthetic structure, without holding futures or physical oil.
  • The fund's holding is a swap agreement at 100.03% of the portfolio.
  • Fund size is $131.03m, with fees of 1.29% and an annual yield of 2.97%.
  • The currency is hedged to Australian dollars.

Betashares Crude Oil Index Currency Hedged Complex ETF (ASX:OOO) traded at $11.20 during the trading session on 30 October 2026, up 1.44%, with 271,836 units changing hands. OOO provides crude oil exposure in a synthetic form: it tracks the crude oil included in the S&P GSCI Crude Oil index without investors having to trade futures or take physical delivery. The fund was admitted to the ASX on 16 November 2011.

Fund Details

Fund size is $131.03m, with 11,868,341 units on issue. The ISIN is AU000000OOO6 and management fees and costs are 1.29% a year. The benchmark is the S&P GSCI Crude Oil Hedged ER AUD index.

The day's range was $11.16 to $11.44, against a previous close of $11.04. Average daily volume is about 245,198 units.

How the Exposure Is Held

The fund's exposure is delivered through a swap agreement, which accounts for 100.03% of the portfolio. Cash and other balances offset the position slightly, leaving a net cash weight of minus 0.04%.

Because the crude oil exposure is synthetic, investors are not holding barrels or futures contracts. The currency hedge converts the US dollar exposure into Australian dollars.

Income Profile

The annual yield is 2.97%. The most recent final distribution was $0.328, with an ex-date of 1 July 2026, a record date of 2 July 2026 and a payment date of 16 July 2026. Oil itself pays no income, so the distribution reflects the structure's interest and return components.

Key Takeaways

OOO is a targeted crude oil exposure with the currency hedged to Australian dollars.

The swap structure keeps the investor away from futures roll and delivery mechanics.

At 1.29%, the fee is one of the higher ones in the commodities group.

The yield of 2.97% comes from the structure rather than from oil production itself.