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Thestreet.com reported on Guide to Oil ETFs:
Thestreet.com reported on Guide to Oil ETFs:
Last year when I wrote a guide to oil ETFs, there were 12 options for investors. Half of those were short, double long and double short ETFs, while six were various long strategies. One year later, two of these funds, the MacroShares Oil Up and Oil Down, have closed due to lack of investor interest, while the double long PowerShares DB Crude Oil Double Long ETN(DXO) closed to avoid running afoul of CFTC position limits. United States Commodity Funds also launched a new short ETF product (DNO).
