|Bid||43.05 x 800|
|Ask||47.00 x 1200|
|Day's Range||42.00 - 48.68|
|52 Week Range||42.00 - 108.16|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||4.53|
|Expense Ratio (net)||0.75%|
We have selected four exchange-traded funds (ETFs) that concentrate on shorting oil stocks. The funds were selected based on assets under management (AUM) as of September 10, 2018. You would use these investments when you think the price of oil will drop.
Given the abrupt changes in oil price and an uncertain outlook, investors should place their bet on oil ETFs cautiously or could take advantage of the quick turn in sentiment with the help of ETFs.
Given the clouds over the outlook for oil investment, investors should place their bet on oil ETFs cautiously or could take advantage of the quick turn in sentiment with the help of leveraged or inverse ETFs.