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Broader Market Might Have Limited the Upside in Energy ETFs

Robert Scott
Broader Market Might Have Limited the Upside in Energy ETFs

Has Broader Market Limited Energy Sector's Upside?(Continued from Prior Part)Correlation with US crude oil Between December 27 and January 3, major energy ETFs had the following correlations with US crude oil February futures: the VanEck Vectors Oil Services ETF (OIH): 98.