|Bid||80.45 x 4000|
|Ask||80.60 x 900|
|Day's Range||78.45 - 81.35|
|52 Week Range||42.32 - 87.84|
|PE Ratio (TTM)||24.38|
|YTD Daily Total Return||46.28%|
|Beta (5Y Monthly)||2.61|
|Expense Ratio (net)||0.81%|
Oil exchange-traded funds (ETFs) offer direct access to the oil market by tracking the price of oil as a commodity. This approach is different from investing in funds that own a portfolio of oil stocks.
Jones’ advice is clear. The trend is your friend.
Oil ETFs have performed phenomenally this year, but these aren’t buy-and-hold investments.