Within the commodities space, Oil ETFs are a great investment vehicle for investors wanting to have exposure to the performance and price of oil, but not own any oil itself. Crude Oil ETFs are popular because investors do not need to have a futures account to invest in the oil industry. Currently there are more than 20 Oil ETFs trading in the U.S. today. The biggest and most traded fund is the United States Oil Fund (USO), which tracks West Texas Intermediate crude oil futures, and can be bought or sold on the NYSE Arca.

Crude Oil ETF Overview

Most Oil ETFs invest in oil futures contracts and may invest in forwards and swap contracts. There are several types of Oil ETFs: straight oil ETFs to track the price of crude, levered ETFs to magnify oil’s price movements, and inverse oil ETFs for those investors who are looking to profit when crude oil prices fall.

USOIX-Links Crude Oil Shares Covered Call ETNCredit Suisse Group AG$3,716,5008,656-16.67%Commodity$18.58
SCOProShares UltraShort Bloomberg Crude OilProShares$53,982,0002,374,40937.28%Commodity$15.6
UCOProShares Ultra Bloomberg Crude OilProShares$458,721,9003,012,500-30.45%Commodity$15.3
WTIDETRACS - ProShares Daily 3x Inverse Crude ETNUBS ETRACS$4,907,60066,93758.42%Commodity$5.45
WTIUETRACS - ProShares Daily 3x Long Crude ETNUBS ETRACS$18,535,90097,597-42.34%Commodity$8.83
XESSPDR S&P Oil & Gas Equipment & Services ETFState Street Global Advisors$146,832,0001,243,411-26.08%Equity$6.45
XOPSPDR S&P Oil & Gas Exploration & Production ETFState Street Global Advisors$2,538,240,20029,322,691-25.08%Equity$18.8
USLUnited States 12 Month Oil FundU.S. Commodity Funds$47,632,50016,228-11.48%Commodity$20.93
UWTVelocityShares 3x Long Crude Oil ETNVelocityShares$639,559,80012,580,977-43.27%Commodity$9.01
BNOUnited States Brent Oil FundU.S. Commodity Funds$83,512,000148,797-13.67%Commodity$6.18
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 3X SharesDirexion Investments$24,889,800128,983116.48%Portfolio-Multi Asset$22.89
DWTVelocityShares 3x Inverse Crude Oil ETNVelocityShares$200,499,900285,67858.81%Commodity$18.67
FILLiShares MSCI Global Energy Producers ETFBlackRock iShares$43,000,0005,733-13.36%Equity$45.78
GUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 3X SharesDirexion Investments$201,359,300491,846-60.59%Equity$103.32
IEOiShares U.S. Oil & Gas Exploration & Production ETFBlackRock iShares$198,490,50018,509,963-17.2%Equity$5.06
IEZiShares U.S. Oil Equipment & Services ETFBlackRock iShares$66,924,00024,501-23.41%Equity$17.12
OIHVanEck Vectors Oil Services ETFVan Eck Associates$693,900,9002,412,821-23.74%Equity$17.25
OILDProShares UltraPro 3x Short Crude Oil ETFProShares$25,356,000112,98758.51%Commodity$48.26
OILKProShares K-1 Free Crude Oil Strategy ETFProShares$18,915,00092,494-16.35%Commodity$16.63
OILUProShares UltraPro 3x Crude Oil ETFProShares$220,410,00010,180,510-43.06%Commodity$10.81
OILXETRACS S&P GSCI Crude Oil Total Return Index ETNUBS ETRACS$3,190,2004,529-12.97%Portfolio-Multi Asset$58.43
OLEMiPath Pure Beta Crude Oil ETNiPath$6,832,8001,411,457-11.01%Commodity$15.2
USOUnited States Oil FundU.S. Commodity Funds$1,262,196,00024,450-16.04%Commodity$19.17
DTOPowerShares DB Crude Oil Double Short ETNInvesco$13,166,3001,635,84929.41%Commodity$13.71
DBOInvesco DB Oil FundInvesco$261,848,0001,111-15.79%Commodity$32.23
PXEInvesco Dynamic Energy Exploration & Production ETFInvesco$20,677,0005,833-26.86%Equity$17.1
PXJInvesco Dynamic Oil & Gas Services ETFInvesco$10,327,00015,763-27.73%Equity$13.02

Oil ETF Related Articles

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