juniors vs seniors

[econometrics]

any ETFs similar to GDXJ, GDX? Oil seniors vs oil juniors???

 

[Petrobras]

USO is the standard oil ETF. UCO is one of the 2x ETFS.

I dont know exactly what a "junior" etf is.

Hope it helps

 

[zdreg]

"junior" as junior gold mining companies

 

[WinstonTJ]

Sure there are - just spend 10 minutes on Google typing in things like "silver junior ETF" or "silver explorer ETF"

I think there is one more classification but there generally are Seniors, Juniors & Explorers.

For example:
(gold) GLD/GDX >> GDXJ >> GLDX



http://www.etftrends.com/2010/10/oil-exploration-etfs-bargain-hunters-dream/

^^^ From this link:

iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (NYSEArca: IEO)
iShares Dow Jones U.S. Oil Equipment & Services Index Fund (NYAR: IEZ)
PowerShares Dynamic Oil Services (NYSEArca: PXJ)
SPDR S&P Oil & Gas Exploration & Production (NYSEArca: XOP)
SPDR S&P Oil & Gas Equipment & Services (NYSEArca: XES)



put into google: "oil junior ETF"

http://www.google.com/webhp?sourcei...bbb&biw=1035&bih=690&ion=1&ion=1&pf=p&pdl=500

Spend a few minutes learning how to use Google - it can be your friend.

 

[reddy09]

I trade the GDX pretty actively.....great ETF to play.