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What Has Been Impacting Energy ETFs?

Robert Scott
What Has Been Impacting Energy ETFs?

Below are major energy ETFs’ correlations with US crude oil July futures on May 31–June 7: VanEck Vectors Oil Services ETF (OIH) at 81.1% SPDR S&P Oil & Gas Exploration & Production ETF (XOP) at 70% Energy Select Sector SPDR ETF (XLE) at 48% Alerian MLP ETF (AMLP) at 8.8%