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Energy ETFs Rally, Highlighting Leverage

Stock quotes in this article: HERO , KWK , WLT , EP , PBR , XOM , MEE  

TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.

Crude oil spiked to an eight-month high this week, benefiting exchange traded funds more than open- and closed-end funds.

The average energy fund gained 2.8%, excluding inverse funds that sell short energy investments, in the week ending June 11. The best performer, which jumped 10%, was ProShares Ultra DJ-UBS Crude Oil(UCO Quote). The ETF is leveraged 200% to the daily return of the Dow Jones-UBS Crude Oil Sub-Index using futures and swap contracts on crude oil. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,441.12 1,109.18 2,206.91 35.27
Oil *
73.48
DOWN
10.88
UP
1.25
UP
5.86
DOWN
0.69
10 Yr
3.53%
SPDR Gold
111.59
-0.10%
+0.11%
+0.27%
-1.92%
Data delayed 20 minutes

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