Which ETF tracks the price of oil?
The Dow Jones Commodity Index Crude Oil is designed to track the crude oil market through futures contracts.
- Energy Select SPDR Fund. The Energy Select SPDR Fund is the largest ETF focused on energy stocks. ...
- Vanguard Energy ETF. ...
- Alerian MLP ETF. ...
- SPDR S&P Oil & Gas Exploration & Production ETF. ...
- United States Oil Fund LP.
The Dow Jones Commodity Index Crude Oil is designed to track the crude oil market through futures contracts.
The largest Oil ETF is the United States Oil Fund LP USO with $1.32B in assets. In the last trailing year, the best-performing Oil ETF was UCO at 39.66%. The most recent ETF launched in the Oil space was the Texas Capital Texas Oil Index ETF OILT on 12/21/23.
Understanding an Oil ETF
This option provides a convenient way for investors interested in getting into the oil market to participate. The benchmark target for an oil ETF may be a market index of oil companies or the spot price of crude itself.
ProShares UltraShort Oil & Gas (NYSE:DUG), Energy Select Sector SPDR Fund (NYSE:XLE), iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO), and Invesco Energy Exploration & Production ETF (NYSE:PXE) are some top oil and gas ETFs.
One of the most popular ways investors speculate on crude oil and other commodity prices is by trading futures contracts. Futures contracts are agreements to buy or sell a standardized amount of an asset at a specific price on a particular future date.
The three most popular exchange-traded funds (ETFs), that track the oil and gas drilling sector are the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), the iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (IEO), and the Invesco Dynamic Energy Exploration & Production Portfolio (PXE).
Crude Oil (CL:NMX)
Refining
Refining companies operate the facilities that turn crude oil into products such as gasoline. These companies can do quite well in favorable market conditions. Since they have to buy oil well in advance of the time they receive, refine and sell it, they can make good returns amid rising prices.
What are the 4 ETFs?
- Canadian Total Stock Market ETF. Canadian total stock market ETFs are ETFs that invest in all the companies in the Canadian stock market. ...
- US Total Stock Market ETF. ...
- International Stock Market ETF. ...
- Fixed Income ETF.
About VGENX
Vanguard differentiates this fund from others in the sector via the fund's focus purely on energy, such as oil, natural gas and coal, as opposed to companies that may explore and/or distribute additional energy-related commodities.
The XLE ETF concentrates its holdings in energy giants like ExxonMobil, Chevron, and ConocoPhillips. In contrast, VDE's portfolio encompasses a broader range of energy-related companies, spanning not only integrated oil and gas companies but also firms engaged in exploration, production, and equipment manufacturing.
The best (and only) inverse oil exchange-traded fund (ETF) is SCO. Oil prices have risen faster than the broader U.S. stock market over the past year. SCO provides 2× daily short exposure to crude oil prices.
- Equity ETFs. Equity ETFs track an index of equities. ...
- Bond/Fixed Income ETFs. It's important to diversify your portfolio2. ...
- Commodity ETFs3 ...
- Currency ETFs. ...
- Specialty ETFs. ...
- Factor ETFs. ...
- Sustainable ETFs.
Brent Crude Oil
Brent Crude oil is the most traded global commodity. Brent Crude is extracted from the North Sea and accounts for two-thirds of global oil pricing. Like the other crude oil benchmark WTI, Brent Crude is mainly refined into diesel fuel and gasoline.
| Symbol | Name | 5-Year Return |
|---|---|---|
| VONG | Vanguard Russell 1000 Growth ETF | 18.33% |
| IWF | iShares Russell 1000 Growth ETF | 18.24% |
| QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 18.12% |
| VUG | Vanguard Growth ETF | 17.86% |
| Symbol | Name | AUM |
|---|---|---|
| SPY | SPDR S&P 500 ETF Trust | $533,453,000.00 |
| IVV | iShares Core S&P 500 ETF | $439,738,000.00 |
| VOO | Vanguard S&P 500 ETF | $432,244,000.00 |
| VTI | Vanguard Total Stock Market ETF | $388,015,000.00 |
| Fund (ticker) | YTD performance | 5-year performance |
|---|---|---|
| Vanguard S&P 500 ETF (VOO) | 6.5 percent | 14.6 percent |
| SPDR S&P 500 ETF Trust (SPY) | 6.5 percent | 14.6 percent |
| iShares Core S&P 500 ETF (IVV) | 6.5 percent | 14.6 percent |
| Invesco QQQ Trust (QQQ) | 6.3 percent | 21.1 percent |
- Invest in energy ETFs and mutual funds. Exchange-traded funds (ETFs) and mutual funds allow you to buy a basket of investments in one purchase. ...
- Buy stock in an oil and gas company. ...
- Trade oil options and futures. ...
- Invest in MLPs.
How to make money on oil prices?
Traders can benefit from volatile oil prices by using derivative strategies. These mostly consist of simultaneously buying and selling options and taking positions in futures contracts on the exchanges offering crude oil derivative products.
However, long-term investments in oil and gas companies can also be highly profitable. Investors should fully grasp the risks before making investments in the sector.
The best crude oil in the world is found in Malaysia. “Tapis, the Malaysian crude benchmark traded in Singapore, has for a long time held the title of the world's most expensive grade.
| Name | Last | High |
|---|---|---|
| CBOE Crude Oil Volatility | 29.13 | 29.96 |
| Bloomberg WTI Crude Oil | 92.7239 | 94.2984 |
| Bloomberg WTI Crude Oil TR | 215.42 | 219.07 |
| Bloomberg WTI Crude Oil Euro Hedged | 64.9998 | 66.0991 |
Dow Jones Commodity Index Crude Oil.
