Search Options Trading Mastery:

Crude Oil ETF

Here is a list and description of the best crude oil ETFs and ETNs traded on the US markets.There are many advantages of trading ETF's over individual stocks, commodities or currencies. ETN is an acronym for "Exchange Traded Notes".

They differ from ETFs in that, whereas Exchange Traded Funds are equity investments like company shares, ETN's are debt instruments issued by banks. Barclays Bank are the premier ETN provider. ETNs are therefore only as secure as the bank that issues them.

Crude Oil ETF and ETN Investments That Trade on the US Markets

USO - United States Oil Fund (Top 100)
This crude oil ETF Tracks changes in the price of light, sweet crude oil, as measured by the changes in price of the futures contract on light, sweet crude oil traded on the New York Mercantile Exchange.

OVX - CBOE Crude Oil Volatility Index
This ETF (also known as the "Oil VIX") measures the market's expectation of 30-day volatility of crude oil prices by applying the VIX methodology to United States Oil Fund, LP (USO - see above) options spanning a wide range of strike prices.

BNO - United States Brent Oil Fund
This is a domestic security designed to track the movements of Brent crude oil. Its objective is for the daily changes in percentage terms of its units' net asset value to reflect the daily changes of the spot price of Brent crude oil as measured by the price of the futures contract on Brent crude oil as traded on the ICE Futures Exchange.

FOL - FactorShares 2X Oil Bull/S&P 500 Bear ETF
This ETF is a leveraged spread ETF designed for investors who believe that crude oil will increase in value relative to large-cap U.S. equities within 1 day or less.

The fund seeks investment results equal to approximately +200% of the daily return of the S&P Crude Oil - Equity Spread Total Return Index, primarily by establishing a leveraged long position in Light Sweet Crude Oil Futures as well as a leveraged short position in the E-mini S&P 500 Stock Price Index Futures.

OIL - Goldman Sachs Crude Oil Total Return ETN
The index reflects the returns that are potentially available through an unleveraged investment in the West Texas Intermediate (WTI) crude oil futures contract plus the Treasury Bill rate of interest that could be earned on funds committed to the trading of the underlying contracts.

DTO - PowerShares DB Crude Oil Double Short ETN
This ETF track the Deutsche Bank Liquid Commodity Index-Oil. The index is designed to reflect the performance of certain crude oil futures contracts plus the returns from investing in 3 month United States Treaury Bills.

OLO - PowerShares DB Crude Oil Long ETN
This Exchange Traded Note provides investors with a cost-effective & convenient way to take a long, short or leveraged view on the performance of an oil based commodity index.

Each ETN is based on the Deutsche Bank Liquid Commodity Index - Oil, designed to reproduce the performance of certain crude oil futures contracts plus the returns from investing in three-month U.S. Treaury Bills.

SZO - PowerShares DB Crude Oil Short ETN
This ETN provides investors with a cost-effective & convenient way to take a long, short or leveraged view on the performance of an oil based commodity index.

Each ETN is based on the Deutsche Bank Liquid Commodity Index - Oil, designed to reproduce the performance of certain crude oil futures contracts plus the returns from investing in three-month U.S. Treaury Bills.

DBO - PowerShares DB Oil Fund
The DBIQ Optimum Yield Crude Oil Index Excess Return is a rules-based index composed of futures contracts on Light Sweet Crude Oil (WTI) and is intended to reflect the performance of crude oil.

UCO - ProShares Ultra DJ-AIG Crude Oil ETF
This crude oil ETF tracks the Dow Jones-UBS Crude Oil Sub-Index (200%). The index consists of futures contracts on crude oil.

SCO - ProShares UltraShort DJ-AIG Crude Oil ETF
ProShares UltraShort DJ-UBS Crude Oil seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones-UBS Crude Oil Sub-Index

CRUD - Teucrium WTI Crude Oil Fund
This Exchange Traded Fund is designed to provide investors unleveraged direct exposure to crude oil without the need for a futures account, while reducing the effects of contango and backwardation.

The investment objective of the Teucrium WTI Crude Oil Fund is to have the daily changes in percentage terms of the Shares' Net Asset Value reflect the daily changes of a weighted average of closing settlement prices for futures contracts for WTI crude oil, also known as Texas Light Sweet Crude Oil.

USL - United States 12 Month Oil Fund
This ETF tracks the Index: Light, sweet crude oil delivered to Cushing. The investment objective of USL is to have the changes in percentage terms of the units' net asset value reflect the changes in percentage terms of the price of light, sweet crude oil, as measured by the changes in the average of the prices of 12 futures contracts on crude oil traded on the New York Mercantile Exchange, consisting of the near month contract to expire and the contracts for the following eleven months, for a total of 12 consecutive months' contracts, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contracts that are the next month contract to expire and the contracts for the following eleven consecutive months, less USL's expenses.

UHN - United States Heating Oil Fund
This is an exchange traded security that is designed to track in percentage terms the movements of heating oil prices.

DNO - United States Short Oil Fund
Tracks This Index: Light, sweet crude oil (inverse). The investment objective of DNO is to have the changes, in percentage terms, of the units' net asset value inversely reflect the changes, in percentage terms, of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the price of the futures contract on light, sweet crude oil as traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case the futures contract will be the next month contract to expire, less DNO's expenses.

Not all the above ETF's will have available exchange traded options but we list them here so that you can search that out for yourself with your current options broker.