Other Crude Oil ETPs will likely get more attention now given the trading volume swells in USO but trend of net redemptions, as asset managers that are looking to enter the commodity on recent weakness if not swap from USO into other smaller (but newer alternatives in the Crude Oil ETP space) include the following: DBO (PowerShares DB Oil Fund, Expense Ratio 0.75%, $258 million in AUM), OIL (iPath S&P GSCI Crude Oil Total Return ETN, Expense Ratio 0.75%, $236 million in AUM) among others.
ProShares Ultra Bloomberg Crude Oil ETF
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected]
Street One Financial is an educational/research firm utilizing the Broker Dealer services of Precision Securities, a FINRA registered Broker/Dealer.