Whats the difference between the oil etfs?
Probably the biggest difference is who runs each of them and how good a job they do. Here are the descriptions of each: OIL iPath S&P GSCI Crude Oil Tot Ret Idx ETN (OIL) The iPath® S&P GSCI™ Crude Oil Total Return Index ETN is a subindex of the S&P GSCI™ Commodity Index. The S&P GSCI™ Crude Oil Total Return 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. http://www.ipathetn.com/iPath-SP-GSCI-Cr… DBO – PowerShares DB Oil (DBO) The investment seeks to track the price and yield performance, before fees and expenses, of the Deutsche Bank Liquid Commodity Index – Optimum Yield Oil Excess Return. The index is a rules-based index comp
