|Bid||81.43 x 800|
|Ask||81.47 x 800|
|Day's Range||81.38 - 82.84|
|52 Week Range||43.42 - 87.84|
|PE Ratio (TTM)||24.71|
|YTD Daily Total Return||50.19%|
|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.