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Analyzing Energy ETFs Last Week

Robert Scott
Analyzing Energy ETFs Last Week

On December 20–27, major energy ETFs had the following correlations with US crude oil February futures: the Alerian MLP ETF (AMLP): 97.8% the VanEck Vectors Oil Services ETF (OIH): 94.2% the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): 93.5% the Energy Select Sector SPDR ETF (XLE): 92%