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Leveraged Oil Etf

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Last Updated: 19 October 2020

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General | Latest Info

Exchange - trade funds and Exchange - trade notes relating to oil and natural gas are some of the most popular types of Commodity Exchange - trade products. Commodity ETPs enable you to hold positions in commoditiesin, this case, oil and / or natural gasby buying a single product that's easily traded on exchange. These ETPs typically aim to mimic the Return of Index of commodities Futures contracts, before management fees and other expenses. Other ETPs let you buy basket of stocks of companies in the oil and / or natural gas business by buying a single product. They seek to match the Return of Petroleum Industry stock Index, before expenses.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Strategy & Benefits

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* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Leveraged Oil ETFs and ETNs

The following list includes a selection of funds and notes that are actively trading. This list is current as of May 1 2020, but make sure to do your own research, as well. Etfs and ETNs are constantly in flux, so product here may have since changed its name, ticker symbol, goals, holdings, or it may have been removed from the market altogether. As mentioned above, not all of these ETFs and ETNs track OIL indexes directly. Some are Inverse products, which essentially short underlying Index. Others are leveraged products, which seek to outperform the underlying Index by 2X or 3X its daily returns, which can be very risky. Uso: United States OIL Fund ETF USL: United States 12 Month OIL Fund ETF DBO: Invesco DB OIL Fund ETF UCO: ProShares Ultra Bloomberg Crude OIL ETF SCO: ProShares UltraShort Bloomberg Crude OIL ETF FRAK: VanEck Vectors Unconventional OIL & Gas ETF OIH: VanEck Vectors OIL Services ETF DDG: ProShares Short OIL & Gas ETF OIL: iPath Series B S & P GSCI Crude OIL Total Return Index ETN BNO: United States Brent OIL Fund ETF DUG: ProShares UltraShort OIL & Gas ETF OLEM: iPath Pure Beta Crude OIL ETN OILX: ETRACS S & P GSCI Crude OIL Total Return Index ETN DRIP: Direxion Daily S & P OIL & Gas Exp. & Prod. Bull and Bear 2X Shares ETF GUSH: Direxion Daily S & P OIL & Gas Exp. & Prod. Bull and Bear 2X Shares ETF CRAK: VanEck Vectors OIL Refiners ETF OILK: ProShares K - 1 Free Crude OIL Strategy ETF FTXN: First Trust Nasdaq OIL & Gas ETF Balance does not provide tax, investment, or financial services and advice. Information is present without consideration of investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk, including possible loss of principal.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Short-Term Investments With Higher Expenses

Table

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
110.00%110.00120.0020.00%
2-10.00%99.0096.00-20.00%
310.00%108.90115.2020.00%
4-10.00%98.0192.16-20.00%
510.00%107.81110.5920.00%
6-10.00%97.0388.47-20.00%
710.00%106.73106.1720.00%
8-10.00%96.0684.93-20.00%
910.00%105.67101.9220.00%
10-10.00%95.1081.54-20.00%
10-day cumulative change-4.90%-18.46%

Leveraged ETFs have received tremendous media attention and are proving to be extremely popular with both individual and institutional investors. There are hundreds of Leveraged ETFs, covering virtually every asset class and industry sector. The majority are Double - Leveraged, but there's sizeable group of triple - Leveraged ETFs. For professional investors, leveraged ETFs are useful in statistical arbitrage, short - term tactical strategies, and for use as short - term hedges without the need to roll futures. For individual investors, leveraged ETFs are alluring because of potential for higher returns. Leveraged and inverse exchange trade products are not designed for buy and hold investors or investors who do not intend to manage their investment on a daily basis. These products require Most Aggressive Investment objective and execute designated Investment Agreement to purchase. These products are for sophisticated investors who understand their risks, and who intend to actively monitor and manage their investments on a daily basis.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

Table2

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
110.00%110.00120.0020.00%
210.00%121.00144.0020.00%
310.00%133.10172.8020.00%
410.00%146.41207.3620.00%
510.00%161.05248.8320.00%
610.00%177.16298.6020.00%
710.00%194.87358.3220.00%
810.00%214.36429.9820.00%
910.00%235.79515.9820.00%
1010.00%259.37619.1720.00%
10-day cumulative change159.00%519.00%

Table3

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
1-10.00%90.0080.00-20.00%
2-10.00%81.0064.00-20.00%
3-10.00%72.9051.20-20.00%
4-10.00%65.6140.96-20.00%
5-10.00%59.0532.77-20.00%
6-10.00%53.1426.21-20.00%
7-10.00%47.8320.97-20.00%
8-10.00%43.0516.78-20.00%
9-10.00%38.7413.42-20.00%
10-10.00%34.8710.74-20.00%
10-day cumulative change-65%-89%
* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

What moves oil markets?

Table

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
110.00%110.00120.0020.00%
210.00%121.00144.0020.00%
310.00%133.10172.8020.00%
410.00%146.41207.3620.00%
510.00%161.05248.8320.00%
610.00%177.16298.6020.00%
710.00%194.87358.3220.00%
810.00%214.36429.9820.00%
910.00%235.79515.9820.00%
1010.00%259.37619.1720.00%
10-day cumulative change159.00%519.00%

1 - year Trailing Total Returns: - 16. 2% Expense Ratio: 0. 75% Annual Dividend Yield: 2. 28% 3 - Month Average Daily Volume: 1 816 749 Assets Under Management: 475. 5 million Inception Date: January 5 2007 Issuer: Invesco Invesco DB Oil Fund offers exposure to Sweet Light Crude Oil by tracking DBIQ Optimum Yield Crude Oil Index Excess Return, which is a rules - base Index composed of Futures contracts on Light Sweet Crude Oil, preferred Crude in the majority of world. The goal of the Fund is to reflect the broader performance of Crude Oil. A fund is a structured commodity pool, investment vehicle which pools investor assets in order to trade in futures or commodities markets. The sole holding of this Fund is Light Sweet Crude Oil.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

Table3

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
1-10.00%90.0080.00-20.00%
2-10.00%81.0064.00-20.00%
3-10.00%72.9051.20-20.00%
4-10.00%65.6140.96-20.00%
5-10.00%59.0532.77-20.00%
6-10.00%53.1426.21-20.00%
7-10.00%47.8320.97-20.00%
8-10.00%43.0516.78-20.00%
9-10.00%38.7413.42-20.00%
10-10.00%34.8710.74-20.00%
10-day cumulative change-65%-89%
* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

No Value Left In UCO

Table

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
110.00%110.00120.0020.00%
210.00%121.00144.0020.00%
310.00%133.10172.8020.00%
410.00%146.41207.3620.00%
510.00%161.05248.8320.00%
610.00%177.16298.6020.00%
710.00%194.87358.3220.00%
810.00%214.36429.9820.00%
910.00%235.79515.9820.00%
1010.00%259.37619.1720.00%
10-day cumulative change159.00%519.00%

- Proshares, premier provider of ETFs, announced today that ProShares Ultra Bloomberg Crude Oil and ProShares UltraShort Bloomberg Crude Oil ETFs will change their benchmark effective after market close on September 16 2020. The new benchmark for these Funds is Bloomberg Commodity balance WTI Crude Oil Index. Following this benchmark change, each Fund will seek exposure to WTI Crude Oil futures contracts that are included in its new benchmark. The Bloomberg Commodity balance WTI Crude Oil Index aims to track the performance of three separate contract schedules for WTI Crude Oil futures which are reset on a semi - annual basis. One third of the Index FOLLOW monthly roll schedule, second third of the Index FOLLOW June annual roll schedule, while the remaining third is FOLLOW December annual roll schedule. Neither Funds nor their current or new benchmarks are intended to track the performance of the spot price of WTI Crude Oil * and therefore, Funds should be expected to perform very differently from the spot price of WTI Crude Oil. Additionally, until completion of the benchmark change, funds will not track the performance of Bloomberg WTI Crude Oil Subindex. Proshares have been at the forefront of the ETF revolution since 2006. Proshares now offers one of the largest lineups of ETFs, with more than 40 billion in assets. The company is a leader in strategies such as dividend growth, interest rate hedge bond and gear ETF investing. Proshares continue to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

Table3

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
1-10.00%90.0080.00-20.00%
2-10.00%81.0064.00-20.00%
3-10.00%72.9051.20-20.00%
4-10.00%65.6140.96-20.00%
5-10.00%59.0532.77-20.00%
6-10.00%53.1426.21-20.00%
7-10.00%47.8320.97-20.00%
8-10.00%43.0516.78-20.00%
9-10.00%38.7413.42-20.00%
10-10.00%34.8710.74-20.00%
10-day cumulative change-65%-89%
* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Forecast

Table

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
110.00%110.00120.0020.00%
210.00%121.00144.0020.00%
310.00%133.10172.8020.00%
410.00%146.41207.3620.00%
510.00%161.05248.8320.00%
610.00%177.16298.6020.00%
710.00%194.87358.3220.00%
810.00%214.36429.9820.00%
910.00%235.79515.9820.00%
1010.00%259.37619.1720.00%
10-day cumulative change159.00%519.00%

Some millennial investors have been duped by a complex oil ETF that is struggling to stay alive. Traders on Robinhood and SoFi Invest flocked to buy United States Oil exchange - trade fund, or USO, this week as its price plummeted below 3. But many get in for the wrong reasons. Retail investors mistakenly thought this fund was a proxy for the spot, or cash, price of oil, and bought in as its price plummet. It isn t: purpose of the ETF is to track front - month oil futures contract. And after changing its structure multiple times in the past week, fund couldn't even do that correctly. Still, USO was the most - buy name on Robinhood, free stock - trading app that has attracted roughly 10 million, mostly millennial, users. By Wednesday, it was among the top 30 most - held names in Robinhood, according to a start - up. Even after pop on Thursday, fund was down 32% this week. On SoFi Invest, another trading platform used mostly by traders under 40 USO, was by far the highest - volume security on Tuesday and Wednesday. Account ownership of USO has grown by 20% to 30% every day since April 20, according to SoFi. Month after month, ownership of ETFs has increased 300%. Meanwhile, USO has plunged more than 45% this month, and roughly 80% this year. John Davi, founder & CIO at Astoria Portfolio Advisors, says the average retail investor was likely attracted by discounted price, and didn't realize this was a play to buy futures market instead of spot oil. Low price handle is always a retail trap, Davi told CNBC in a phone interview. This ETF is something you want to buy with gloves on, and hold for a short period of time. It's trading vehicle, not a long - term investment. The Fund began to run into trouble when the May contract for Oil began diving last week. This week, May contract fell to an actual negative price. The Fund likely had already sold those contracts for June oil futures, but the fall to negative prices sent a chill through the whole oil market. June Oil futures then began plummeting this week as well and traders feared they would turn negative. This caused the fund to implement a series of changes beginning last Friday. The fund, originally set up to invest in just front - month contracts until two weeks before expiration, said it would now invest funds in futures expiring months out. It also suspend making of creation baskets, which is how ETFs make new shares to meet demand. Creation baskets buy futures. But by suspending this mechanism this week, fund begin to trade as a closed - end fund with a fixed number of shares. This also meant it could no longer accurately track the price of oil. Retail investors buying funds likely aren't aware that they are no longer tracking oil prices in lockstep. For example, on Wednesday, funds dropped 11% even as Oil's June futures jumped 20%.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

Table3

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
1-10.00%90.0080.00-20.00%
2-10.00%81.0064.00-20.00%
3-10.00%72.9051.20-20.00%
4-10.00%65.6140.96-20.00%
5-10.00%59.0532.77-20.00%
6-10.00%53.1426.21-20.00%
7-10.00%47.8320.97-20.00%
8-10.00%43.0516.78-20.00%
9-10.00%38.7413.42-20.00%
10-10.00%34.8710.74-20.00%
10-day cumulative change-65%-89%
* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Equity Sector ETFs

Table

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
110.00%110.00120.0020.00%
210.00%121.00144.0020.00%
310.00%133.10172.8020.00%
410.00%146.41207.3620.00%
510.00%161.05248.8320.00%
610.00%177.16298.6020.00%
710.00%194.87358.3220.00%
810.00%214.36429.9820.00%
910.00%235.79515.9820.00%
1010.00%259.37619.1720.00%
10-day cumulative change159.00%519.00%

Proshares leverage and inverse equity Sector ETFs are tools to help investors act on convictions about certain segments of the US equity market or to manage Sector - specific risk. Investors can use them to: seek profit from moves in certain segments of the equity market through directional trades. Employ short - term hedging strategy to offset losses in equity portfolio. Obtain higher levels of exposure to equity Sector Index while using less capital. Investors using leveraged and inverse equity Sector ETFs should have a comprehensive understanding of their features, benefits and risks, high risk tolerance and ability to monitor their positions daily.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

Table3

Days elapsedDaily market performanceExpected index levelExpected 2x leveraged long ETF levelDaily ETF performance
00.00%100.00100.00
1-10.00%90.0080.00-20.00%
2-10.00%81.0064.00-20.00%
3-10.00%72.9051.20-20.00%
4-10.00%65.6140.96-20.00%
5-10.00%59.0532.77-20.00%
6-10.00%53.1426.21-20.00%
7-10.00%47.8320.97-20.00%
8-10.00%43.0516.78-20.00%
9-10.00%38.7413.42-20.00%
10-10.00%34.8710.74-20.00%
10-day cumulative change-65%-89%
* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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