Oil ETF Descriptions

United States Oil Fund (USO)

Focused on price changes of light, sweet crude oil traded on the New York Mercantile Exchange, The United States Oil Fund is a reasonably prices fund to get into, usually fluctuating between $29 and $40 per share. With a market capitalization of over $1.4 billion, it is one of the heavyweight energy ETFs out there. The bulk of its holdings consist of oil futures contracts, although a decent percentage is tied up in safe government holdings.

 

United States 12 Month Oil Profile (USL)

With over $150 million in assets and issued by industry giant US Commodity funds, USL maintains profitability by keeping 12 monthly oil futures contracts to best take advantage of price fluctuations.

 

ETRACS Oil Futures Contango ETN (OILZ)

Also issued by UBS, this ETF has nearly $10 million in assets and a modest share price of about $25. Most of its holdings are in futures contracts.

 

iPath Pure Beta Crude Oil (OLEM)

With $5 million in holdings, this is one of the smaller Energy ETFs available on the market. Issued by Barclays, it is focused on crude oil. This fund’s holdings are based on futures contracts.

 

 

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