Inverse oil

Screening Filters

1. Theme: Oil & Gas

   • Purpose: To capture securities whose primary exposure is to crude oil, natural gas, and related petroleum products.
   • Rationale: Inverse oil ETFs are designed to move opposite to oil-related benchmarks (e.g., WTI crude, oil company indexes). They are almost always classified under the broader Oil & Gas theme because their performance is tied to oil price movements or oil-sector equities—just in the opposite (inverse) direction. Including this theme ensures we’re looking at products whose underlying drivers are oil and gas markets.

2. Theme: Energy Equities

   • Purpose: To find ETFs that gain or lose value based on the performance of energy-sector stocks (integrated oil majors, E&Ps, oilfield services, refiners, etc.).
   • Rationale: Many inverse “oil” products are actually inverse energy-equity ETFs (e.g., they short or synthetically invert an energy sector index like the S&P Energy sector). These are often the most liquid and widely used ways to take a bearish or hedging position on oil-related companies. Tagging Energy Equities helps catch those inverse ETFs that target energy stock indexes rather than oil futures directly.

3. Theme: Commodities

   • Purpose: To include funds whose primary exposure is to commodity markets, especially those using futures, swaps, or other derivatives on crude oil and related benchmarks.
   • Rationale: Some inverse oil ETFs are commodity-based rather than equity-based, tracking inverse exposure to crude oil futures or commodity indexes. Classifying them under Commodities makes sense because their core exposure is to the commodity price itself, not to company shares. This theme helps surface inverse ETFs structured around oil futures curves and commodity derivatives.

Why Results Match:

• Inverse oil ETFs derive their value from oil-related assets: either oil futures (commodity exposure) or energy-sector stocks (equity exposure). The Oil & Gas, Energy Equities, and Commodities themes together cover these underlying exposures.
• While these filters don’t directly specify “inverse” or “ETF,” they narrow the universe to the correct sector and asset class where inverse oil ETFs are found. From this focused list, you can then identify which of the ETFs are inverse products (typically labeled “Inverse,” “Bear,” “Short,” “-1x,” “-2x,” etc.).