Previous Close | 81.65 |
Open | 81.36 |
Bid | 81.38 x 900 |
Ask | 81.43 x 900 |
Day's Range | 80.92 - 82.02 |
52 Week Range | 43.42 - 87.84 |
Volume | |
Avg. Volume | 8,242,000 |
Net Assets | 2.88B |
NAV | 81.37 |
PE Ratio (TTM) | 24.63 |
Yield | 0.00% |
YTD Daily Total Return | 50.19% |
Beta (5Y Monthly) | 2.61 |
Expense Ratio (net) | 0.81% |
Inception Date | 2006-04-10 |
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.