Casino Etf Short
2021年4月12日Register here: http://gg.gg/p0o8f
*IYZ
*Biotechnology
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see Performance.
Shares of these funds are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Investing involves risk, including the possible loss of principal. ProShares ETFs are generally non-diversified and each entails certain risks, which may include risks associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Short ProShares ETFs should lose money when their benchmarks or indexes rise. Please see their summary and full prospectuses for a more complete description of risks.
There is no guarantee any ProShares ETF will achieve its investment objective.
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing. Separate ProShares Trust II prospectuses available for Volatility, Commodity, and Currency ProShares.
’QQQ,®’ ’NASDAQ-100®’ and ’NASDAQ Biotechnology Index®’ are trademarks of The NASDAQ OMX Group, Inc. ’Standard & Poor’s,®’ ’S&P,®’ ’S&P 500,®’ ’S&P MidCap 400,®’ ’S&P SmallCap 600,®’ ’Standard & Poor’s 500,®’ ’S&P 500® VIX® Short-Term Futures IndexTM’, ’S&P 500® VIX® Mid-Term Futures IndexTM’, ’S&P Merger Arbitrage,’ ’S&P 500® Dividend Aristocrats®,’ ’S&P Strategic Futures Index,’ ’S&P 400 MidCap® Dividend Aristocrats,®’ ’S&P 500 Ex-Energy Index,’ ’S&P 500 Ex-Financials Index,’ ’S&P 500 Ex-Health Care Index,’ ’S&P 500 Ex-Information Technology Index,’ ’S&P 500/MarketAxess® Investment Grade Corporate Bonds Index,’ ’S&P® Technology Dividend Aristocrats®,’ ’Dow Jones Index,’ ’DJ,’ ’Dow Jones Industrial Average,SM’ ’The Dow 30,SM’ ’Dow Jones U.S. Sector Indexes,’ ’Dow Jones Select Sector Indexes,’ and ’Dow Jones Brookfield Global Infrastructure Composite Index’ are products of S&P Dow Jones Indices LLC and its affiliates. The ’Russell 2000® Index,’ ’Russell 2000® Dividend Growth Index,’ ’Russell 3000® Dividend Elite Index,’ and ’Russell®’ are trademarks of Russell Investment Group. ’MSCI,’ ’MSCI Inc.,’ ’MSCI Index’ and ’EAFE’ are service marks of MSCI. ’Bloomberg®’ and the names identifying each of the individual Bloomberg Commodity Subindexes are trademarks or service marks of Bloomberg Finance L.P. and its affiliates (collectively, ’Bloomberg’). The ’ICE U.S. Treasury 20+ Year Bond Index’ and ’ICE U.S. Treasury 7-10 Year Bond Index’ are trademarks of Intercontinental Exchange, Inc. (’ICE’). ’iBoxx®’ is a registered trademark of Markit Indices Limited. ’Credit Suisse’ and ’Credit Suisse 130/30 Large Cap Index™’ are trademarks of Credit Suisse Securities (USA) LLC or one of its affiliates. ’Research Affiliates Fundamental Index®’ and ’RAFI®’ are trademarks of Research Affiliates, LLC. ’Merrill Lynch Factor Model®’ Exchange Series,’ ’Merrill Lynch Factor Model,®’ and ’Merrill Lynch International™’ are intellectual property of Merrill Lynch, Pierce, Fenner & Smith IncorporatedTM or its affiliates (’BofAML’). ’CITI’ is a trademark and service mark of Citigroup Inc. or its affiliates, and is used and registered throughout the world. ’LPX® Direct Listed Private Equity Index’ and ’LPX®’ are registered trademarks of LPX GmbH. ’Deutsche Bank’ and ’DBIQ Short Duration Emerging Market Bond IndexSM’ are service marks of Deutsche Bank AG. ’Morningstar® Diversified Alternatives IndexSM’ is a product of Morningstar, Inc. ’FTSE Developed Europe All Cap Index’ and ’FTSE RAFI US 1000 Long/Short Total Return Index’ are trademarks of the FTSE International Limited (’FTSE’). ’Solactive AG’ is a registered trademark of Solactive AG. All have been licensed for use by ProShares. ’VIX®’ is a trademark of the Chicago Board Options Exchange, Incorporated (’Cboe’) and has been licensed for use by S&P Dow Jones Indices LLC.’S&P®’ is a registered trademark of Standard & Poor’s Financial Services LLC (’S&P’) and ’Dow Jones®’ is a registered trademark of Dow Jones Trademark Holdings LLC (’Dow Jones’) and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ’FTSE®’ is a trademark of the London Stock Exchange Group and The Financial Times Limited and is used by FTSE International Limited (’FTSE’) under license. ProShares have not been passed on by these entities or their subsidiaries or affiliates as to their legality or suitability. ProShares are not sponsored, endorsed, sold or promoted by these entities or their subsidiaries or affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR SUBSIDIARIES AND AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.
Sponsored by: Current Offer:Open an E*TRADE account & get $50 or more w/ code: WINTER21
The fund sports a Zacks ETF Rank #1 currently, with a Medium-risk outlook (read: Bet on These Top-Ranked Technology ETFs Amid Soaring Covid-19 Cases). SPDR Portfolio S&P 500 Growth ETF SPYG. While BJK’s sector focus may be narrow, its geographical exposure and portfolio balance make this ETF a suitable pick for investors looking to bet on gaming in the short term.
When you invest in the stock market, you can bet on both sides of the market using an online broker account. Inverse ETFs (exchange traded funds) are an easy way to place bearish bets without physically shorting shares of stock.
Bottom line, the following ETFs go up in value as the underlying benchmark index they track goes down. See also: List of Long ETFs (Bullish ETFs).
Our team spends hundreds of hours testing financial products and services each year. Our reviews are honest and unbiased. If you use the links on this page to open an account, we may be compensated. Thank you for your support! Read more.Inverse / Short S&P 500 ETFs (1x, 2x, 3x)ETF NameTickerLeverageBenchmark IndexShort S&P 500SH1xS&P 500Short Mid Cap 400MYY1xS&P Mid Cap 400Short Small Cap 600SBB1xS&P Small Cap 600UltraShort S&P 500SDS2xS&P 500UltraShort Mid Cap 400MZZ2xS&P Mid Cap 400UltraShort Small Cap 600SDD2xS&P Small Cap 600UltraPro Short S&P 500SPXU3xS&P 500Direxion S&P 500 Bear 3xSPXS3xS&P 500 IndexDirexion Mid Cap Bear 3xMIDZ3xS&P Mid Cap 400 IndexUltraPro Short Mid Cap 400SMDD3xS&P Mid Cap 400Inverse / Short NASDAQ ETFs (1x, 2x, 3x)ETF NameTickerLeverageBenchmark IndexShort QQQPSQ1xNasdaq 100UltraShort QQQQID2xNasdaq 100UltraPro Short QQQSQQQ3xNasdaq 100Inverse / Short Russell 2000 ETFs (1x, 2x, 3x)ETF NameTickerLeverageBenchmark IndexShort Russell 2000RWM1xRussell 2000UltraShort Russell 2000TWM2xRussell 2000UltraPro Short Russell 2000SRTY3xRussell 2000Direxion Small Cap Bear 3xTZA3xRussell 2000UltraShort Russell1000 ValueSJF2xRussell 1000 ValueDirexion Financial Bear 3xFAZ3xRussell 1000 Financial ServicesUltraShort Russell1000 GrowthSFK2xRussell 1000 GrowthUltraShort Russell Mid Cap ValueSJL2xRussell Mid Cap ValueUltraShort Russell Mid Cap GrowthSDK2xRussell Mid Cap GrowthUltraShort Russell 2000 ValueSJH2xRussell 2000 ValueUltraShort Russell 2000 GrowthSKK2xRussell 2000 GrowthInverse / Short Dow Jones ETFs (1x, 2x, 3x)ETF NameTickerLeverageBenchmark IndexShort Dow 30DOG1xDow Jones Industrial AverageUltraShort Dow 30DXD2xDow Jones Industrial AverageUltraPro Short Dow 30SDOW3xDow Jones Industrial AverageUltraShort Basic MaterialsSMN2xDow Jones U.S. Basic MaterialsUltraShort Consumer GoodsSZK2xDow Jones U.S. Consumer GoodsUltraShort Consumer ServicesSCC2xDow Jones U.S. Consumer ServicesUltraShort FinancialsSKF2xDow Jones U.S. FinancialsUltraShort Health CareRXD2xDow Jones U.S. Health CareUltraShort IndustrialsSIJ2xDow Jones U.S. IndustrialsUltraShort Real EstateSRS2xDow Jones U.S. Real EstateUltraShort SemiconductorsSSG2xDow Jones U.S. SemiconductorsUltraShort Oil & GasDUG2xDow Jones U.S. Oil & GasUltraShort TechnologyREW2xDow Jones U.S. TechnologyUltraShort UtilitiesSDP2xDow Jones U.S. UtilitiesIYZInverse / Short Emerging Markets ETFs (1x, 2x, 3x)ETF NameTickerLeverageBenchmark IndexShort MSCI Emerging MarketsEUM1xMSCI Emerging Markets IndexUltraShort MSCI Emerging MarketsEEV2xMSCI Emerging Markets indexDirexion Emerging Markets Bear 3xEDZ3xMSCI Emerging Markets IndexTrading and Researching ETFs
To compare online brokers for trading ETFs, read our online broker guide and use the StockBrokers.com comparison tool. I recommend Fidelity which has the best ETF research tools (ETF screeners, charting, third-party reports, etc) and overall experience for ETFs.Know What’s in Your ETF and How the ETF is Calculated
One of the Fast Money guys mentioned the UltraShort Oil & Gas ProShares ETF (DUG) on a recent show. He questioned how that ETF, which is the double inverse of oil & gas could be up for the day while oil was also up. A quick look at what DUG actually is gives the answer:
UltraShort Oil & Gas ProShares seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Oil & Gas IndexSM
That “daily” part adds one complication to the picture. From the article ‘Understanding ProShares’ Long-Term Performance’ on ProShares’ site:
ProShares are designed to provide either 200%, -200% or -100% of index performance on a daily basis (before fees and expenses).
A common misconception is that ProShares should also provide 200%, -200% or -100% of index performance over longer periods, such as a week, month or year. However, ProShares’ returns may be greater than or less than what you’d expect over longer periods.Biotechnology
The article goes on to explain how & why this happens. But the question about how DUG could be up while the price of oil was also up is answered by looking at what comprises DUG — the Dow Jones U.S. Oil & Gas Index. That index “measures the performance of the energy sector of the U.S. equity market. Component companies include oil drilling equipment and services, coal, oil companies-major, oil companies-secondary, pipelines, liquid, solid or gaseous fossil fuel producers and service companies.”
Note that the actual price of oil is not mentioned. When you look at how that index is constructed you’ll see that ExxonMobil Corp. (XOM) makes up 28%, Chevron Corp. is 11% and ConocoPhillips is 7%. So at least 46% of the index is big oil companies (major integrated oil & gas). Then the question is how does the price of oil relate to movements in those oil companies? Or more broadly, how do ETFs compare against the underlying over longer periods of time?
Below I’ve plotted oil ($WTIC) vs. the ETF tracking oil (USO) over the last 10 years.
This shows that the price of oil has seriously outperformed the ETF, USO. Bottom line, be careful with which ETFs you are holding long. For more on this topic, ETFDB has a good post, 7 Risks of Trading Leveraged ETFs and How to Avoid Them.
What’s your favorite ETF to trade? Tweet this post and tag me, @InvestorBlain!Read Next:
Register here: http://gg.gg/p0o8f
https://diarynote.indered.space
*IYZ
*Biotechnology
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see Performance.
Shares of these funds are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Investing involves risk, including the possible loss of principal. ProShares ETFs are generally non-diversified and each entails certain risks, which may include risks associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Short ProShares ETFs should lose money when their benchmarks or indexes rise. Please see their summary and full prospectuses for a more complete description of risks.
There is no guarantee any ProShares ETF will achieve its investment objective.
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing. Separate ProShares Trust II prospectuses available for Volatility, Commodity, and Currency ProShares.
’QQQ,®’ ’NASDAQ-100®’ and ’NASDAQ Biotechnology Index®’ are trademarks of The NASDAQ OMX Group, Inc. ’Standard & Poor’s,®’ ’S&P,®’ ’S&P 500,®’ ’S&P MidCap 400,®’ ’S&P SmallCap 600,®’ ’Standard & Poor’s 500,®’ ’S&P 500® VIX® Short-Term Futures IndexTM’, ’S&P 500® VIX® Mid-Term Futures IndexTM’, ’S&P Merger Arbitrage,’ ’S&P 500® Dividend Aristocrats®,’ ’S&P Strategic Futures Index,’ ’S&P 400 MidCap® Dividend Aristocrats,®’ ’S&P 500 Ex-Energy Index,’ ’S&P 500 Ex-Financials Index,’ ’S&P 500 Ex-Health Care Index,’ ’S&P 500 Ex-Information Technology Index,’ ’S&P 500/MarketAxess® Investment Grade Corporate Bonds Index,’ ’S&P® Technology Dividend Aristocrats®,’ ’Dow Jones Index,’ ’DJ,’ ’Dow Jones Industrial Average,SM’ ’The Dow 30,SM’ ’Dow Jones U.S. Sector Indexes,’ ’Dow Jones Select Sector Indexes,’ and ’Dow Jones Brookfield Global Infrastructure Composite Index’ are products of S&P Dow Jones Indices LLC and its affiliates. The ’Russell 2000® Index,’ ’Russell 2000® Dividend Growth Index,’ ’Russell 3000® Dividend Elite Index,’ and ’Russell®’ are trademarks of Russell Investment Group. ’MSCI,’ ’MSCI Inc.,’ ’MSCI Index’ and ’EAFE’ are service marks of MSCI. ’Bloomberg®’ and the names identifying each of the individual Bloomberg Commodity Subindexes are trademarks or service marks of Bloomberg Finance L.P. and its affiliates (collectively, ’Bloomberg’). The ’ICE U.S. Treasury 20+ Year Bond Index’ and ’ICE U.S. Treasury 7-10 Year Bond Index’ are trademarks of Intercontinental Exchange, Inc. (’ICE’). ’iBoxx®’ is a registered trademark of Markit Indices Limited. ’Credit Suisse’ and ’Credit Suisse 130/30 Large Cap Index™’ are trademarks of Credit Suisse Securities (USA) LLC or one of its affiliates. ’Research Affiliates Fundamental Index®’ and ’RAFI®’ are trademarks of Research Affiliates, LLC. ’Merrill Lynch Factor Model®’ Exchange Series,’ ’Merrill Lynch Factor Model,®’ and ’Merrill Lynch International™’ are intellectual property of Merrill Lynch, Pierce, Fenner & Smith IncorporatedTM or its affiliates (’BofAML’). ’CITI’ is a trademark and service mark of Citigroup Inc. or its affiliates, and is used and registered throughout the world. ’LPX® Direct Listed Private Equity Index’ and ’LPX®’ are registered trademarks of LPX GmbH. ’Deutsche Bank’ and ’DBIQ Short Duration Emerging Market Bond IndexSM’ are service marks of Deutsche Bank AG. ’Morningstar® Diversified Alternatives IndexSM’ is a product of Morningstar, Inc. ’FTSE Developed Europe All Cap Index’ and ’FTSE RAFI US 1000 Long/Short Total Return Index’ are trademarks of the FTSE International Limited (’FTSE’). ’Solactive AG’ is a registered trademark of Solactive AG. All have been licensed for use by ProShares. ’VIX®’ is a trademark of the Chicago Board Options Exchange, Incorporated (’Cboe’) and has been licensed for use by S&P Dow Jones Indices LLC.’S&P®’ is a registered trademark of Standard & Poor’s Financial Services LLC (’S&P’) and ’Dow Jones®’ is a registered trademark of Dow Jones Trademark Holdings LLC (’Dow Jones’) and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ’FTSE®’ is a trademark of the London Stock Exchange Group and The Financial Times Limited and is used by FTSE International Limited (’FTSE’) under license. ProShares have not been passed on by these entities or their subsidiaries or affiliates as to their legality or suitability. ProShares are not sponsored, endorsed, sold or promoted by these entities or their subsidiaries or affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR SUBSIDIARIES AND AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.
Sponsored by: Current Offer:Open an E*TRADE account & get $50 or more w/ code: WINTER21
The fund sports a Zacks ETF Rank #1 currently, with a Medium-risk outlook (read: Bet on These Top-Ranked Technology ETFs Amid Soaring Covid-19 Cases). SPDR Portfolio S&P 500 Growth ETF SPYG. While BJK’s sector focus may be narrow, its geographical exposure and portfolio balance make this ETF a suitable pick for investors looking to bet on gaming in the short term.
When you invest in the stock market, you can bet on both sides of the market using an online broker account. Inverse ETFs (exchange traded funds) are an easy way to place bearish bets without physically shorting shares of stock.
Bottom line, the following ETFs go up in value as the underlying benchmark index they track goes down. See also: List of Long ETFs (Bullish ETFs).
Our team spends hundreds of hours testing financial products and services each year. Our reviews are honest and unbiased. If you use the links on this page to open an account, we may be compensated. Thank you for your support! Read more.Inverse / Short S&P 500 ETFs (1x, 2x, 3x)ETF NameTickerLeverageBenchmark IndexShort S&P 500SH1xS&P 500Short Mid Cap 400MYY1xS&P Mid Cap 400Short Small Cap 600SBB1xS&P Small Cap 600UltraShort S&P 500SDS2xS&P 500UltraShort Mid Cap 400MZZ2xS&P Mid Cap 400UltraShort Small Cap 600SDD2xS&P Small Cap 600UltraPro Short S&P 500SPXU3xS&P 500Direxion S&P 500 Bear 3xSPXS3xS&P 500 IndexDirexion Mid Cap Bear 3xMIDZ3xS&P Mid Cap 400 IndexUltraPro Short Mid Cap 400SMDD3xS&P Mid Cap 400Inverse / Short NASDAQ ETFs (1x, 2x, 3x)ETF NameTickerLeverageBenchmark IndexShort QQQPSQ1xNasdaq 100UltraShort QQQQID2xNasdaq 100UltraPro Short QQQSQQQ3xNasdaq 100Inverse / Short Russell 2000 ETFs (1x, 2x, 3x)ETF NameTickerLeverageBenchmark IndexShort Russell 2000RWM1xRussell 2000UltraShort Russell 2000TWM2xRussell 2000UltraPro Short Russell 2000SRTY3xRussell 2000Direxion Small Cap Bear 3xTZA3xRussell 2000UltraShort Russell1000 ValueSJF2xRussell 1000 ValueDirexion Financial Bear 3xFAZ3xRussell 1000 Financial ServicesUltraShort Russell1000 GrowthSFK2xRussell 1000 GrowthUltraShort Russell Mid Cap ValueSJL2xRussell Mid Cap ValueUltraShort Russell Mid Cap GrowthSDK2xRussell Mid Cap GrowthUltraShort Russell 2000 ValueSJH2xRussell 2000 ValueUltraShort Russell 2000 GrowthSKK2xRussell 2000 GrowthInverse / Short Dow Jones ETFs (1x, 2x, 3x)ETF NameTickerLeverageBenchmark IndexShort Dow 30DOG1xDow Jones Industrial AverageUltraShort Dow 30DXD2xDow Jones Industrial AverageUltraPro Short Dow 30SDOW3xDow Jones Industrial AverageUltraShort Basic MaterialsSMN2xDow Jones U.S. Basic MaterialsUltraShort Consumer GoodsSZK2xDow Jones U.S. Consumer GoodsUltraShort Consumer ServicesSCC2xDow Jones U.S. Consumer ServicesUltraShort FinancialsSKF2xDow Jones U.S. FinancialsUltraShort Health CareRXD2xDow Jones U.S. Health CareUltraShort IndustrialsSIJ2xDow Jones U.S. IndustrialsUltraShort Real EstateSRS2xDow Jones U.S. Real EstateUltraShort SemiconductorsSSG2xDow Jones U.S. SemiconductorsUltraShort Oil & GasDUG2xDow Jones U.S. Oil & GasUltraShort TechnologyREW2xDow Jones U.S. TechnologyUltraShort UtilitiesSDP2xDow Jones U.S. UtilitiesIYZInverse / Short Emerging Markets ETFs (1x, 2x, 3x)ETF NameTickerLeverageBenchmark IndexShort MSCI Emerging MarketsEUM1xMSCI Emerging Markets IndexUltraShort MSCI Emerging MarketsEEV2xMSCI Emerging Markets indexDirexion Emerging Markets Bear 3xEDZ3xMSCI Emerging Markets IndexTrading and Researching ETFs
To compare online brokers for trading ETFs, read our online broker guide and use the StockBrokers.com comparison tool. I recommend Fidelity which has the best ETF research tools (ETF screeners, charting, third-party reports, etc) and overall experience for ETFs.Know What’s in Your ETF and How the ETF is Calculated
One of the Fast Money guys mentioned the UltraShort Oil & Gas ProShares ETF (DUG) on a recent show. He questioned how that ETF, which is the double inverse of oil & gas could be up for the day while oil was also up. A quick look at what DUG actually is gives the answer:
UltraShort Oil & Gas ProShares seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Oil & Gas IndexSM
That “daily” part adds one complication to the picture. From the article ‘Understanding ProShares’ Long-Term Performance’ on ProShares’ site:
ProShares are designed to provide either 200%, -200% or -100% of index performance on a daily basis (before fees and expenses).
A common misconception is that ProShares should also provide 200%, -200% or -100% of index performance over longer periods, such as a week, month or year. However, ProShares’ returns may be greater than or less than what you’d expect over longer periods.Biotechnology
The article goes on to explain how & why this happens. But the question about how DUG could be up while the price of oil was also up is answered by looking at what comprises DUG — the Dow Jones U.S. Oil & Gas Index. That index “measures the performance of the energy sector of the U.S. equity market. Component companies include oil drilling equipment and services, coal, oil companies-major, oil companies-secondary, pipelines, liquid, solid or gaseous fossil fuel producers and service companies.”
Note that the actual price of oil is not mentioned. When you look at how that index is constructed you’ll see that ExxonMobil Corp. (XOM) makes up 28%, Chevron Corp. is 11% and ConocoPhillips is 7%. So at least 46% of the index is big oil companies (major integrated oil & gas). Then the question is how does the price of oil relate to movements in those oil companies? Or more broadly, how do ETFs compare against the underlying over longer periods of time?
Below I’ve plotted oil ($WTIC) vs. the ETF tracking oil (USO) over the last 10 years.
This shows that the price of oil has seriously outperformed the ETF, USO. Bottom line, be careful with which ETFs you are holding long. For more on this topic, ETFDB has a good post, 7 Risks of Trading Leveraged ETFs and How to Avoid Them.
What’s your favorite ETF to trade? Tweet this post and tag me, @InvestorBlain!Read Next:
Register here: http://gg.gg/p0o8f
https://diarynote.indered.space
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