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Oil’s Fall: Which Energy ETFs Might Be Impacted Less

Robert Scott
Oil’s Fall: Which Energy ETFs Might Be Impacted Less

On August 9–16, the major energy ETFs had the following correlations with US crude oil September futures: the Energy Select Sector SPDR ETF (XLE): 96.3% the VanEck Vectors Oil Services ETF (OIH): 95.2% the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): 91.9% the Alerian MLP ETF (AMLP): 63.6%