OIL, OIH, or PXJ
I haven't really messed with oil etf's too much but which moves more in pace with the crude price?
I haven't really messed with oil etf's too much but which moves more in pace with the crude price?
which oil etf you like best?
- Thread starter pumpanddumper
- Start date
Forgot USO .
You signed up to ET just to post that message?
Those ETFs are highly illiquid and track crude terribly.
"The price-NAV discrepancies in UCR and DCR are, in both absolute and percentage terms, among the largest ever seen in ETF history."
http://etf.seekingalpha.com/article/24387
Thanks, I think OIL and PXJ work the best in relation to crude price and will stick with those. Hopefully it will drop below $60 a barrel today.
No, no, I certainly did NOT sign up to ET just so I could post that message.
I signed up so morons like you could get all pouty and silly because I simply answered a question. I did not say they were good or bad but that he might want to consider them. You DO know the difference between the two, right?
Please tell me I have more clever comments like yours to look forward to, because it will just thrill me all to pieces.
Ansare
OP's question:
"which moves more in pace with the crude price?"
Your reply:
"the Claymore MacroShares Oil Down and Oil Up ETF's, which are UCR and DCR. "
I don't see the "might want to consider" part you're referring to, in your otherwise blatantly false answer to the OP's question..