Posts tagged as:

USO

For advisors utilizing ETFs in client portfolios, the details matter. Whether it be the difference in product structure, weighting methodology, or degree of currency exposure, seemingly minor details often end up having a rather significant impact on bottom line returns and overall volatility. The importance of nuanced elements of product structures is particularly important when it comes to commodities: the choice between ETF and ETN can have a major impact on tax consequences, and the composition of broad-based commodity ETPs between the various families can result in very different returns [see Special Report: In Search Of The Best Commodity ETP]. 

Even within single-resource ETPs that utilize similar structures, the manner in which exposure to the underlying product is achieved can end up being quite significant. Products implementing futures-based strategies–which includes the majority of commodity ETPs–often vary in the duration of their underlying holdings and the frequency with which those holdings are “rolled” to avoid taking delivery of physical commodities.  [click to continue…]

{ 0 comments }

Markets were finally able to snap their losing streak with mild gains on the day, though they were nowhere near enough to erase the losses the past few days have seen. With euro zone fears heating up around the world, this week has seen most major asset classes exhibiting something of a tailspin. Today saw the Dow scrape up a 45 point gain while the S&P 500 jumped 0.3%. 10 year bonds were able to hold on to meager gains, but gold and oil were not so lucky. Oil endured another tough day amid economic uncertainty, but gold is what has most analysts talking [see also 11 Best ETFdb Stories Of 2011]. [click to continue…]

{ Comments on this entry are closed }

This week was yet another volatile one as investors weighed in their opinions on the euro zone and how its actions would shape the global economy. Though the EU eventually came through with a deal, not all countries agreed, with the U.K. outright opting out, creating some concern that the deal did not go far enough to [...]

{ Comments on this entry are closed }

This past week presented yet another frustrating set of circumstances for investors to digest. Not only have European woes been weighing heavily on markets, but the U.S. debt committee has until Wednesday to pass an important budget haircut and for the time being, all signs point to a deadlock. August saw equities tumble when the [...]

{ Comments on this entry are closed }

Today started off on a rough note, as more troubles in Europe combined with the still unresolved debt crisis that has only a week left in its timetable. Stocks made a climb during midday to nearly break even, but then tumbled to finish out the day. The Dow lobbed off nearly 200 points while the S&P saw [...]

{ Comments on this entry are closed }

Although Hurricane Irene wasn’t nearly as devastating as some had feared, the storm did knock out power to millions and ground thousands of flights across the Northeast. Yet, the worst of the storm now appears to be over as flights are returning to the skies in major airports in New York, Washington D.C., and Boston, suggesting that [...]

{ Comments on this entry are closed }

Morgan Stanley has rolled out a new ETN that combines access to large cap U.S. equities with exposure to a futures-based investment in crude oil. The new S&P 500 Crude Oil Linked ETN (BARL) will offer returns of the S&P 500 Oil Hedged Index. That benchmark provides exposure to the S&P 500 Total Return Index [...]

{ Comments on this entry are closed }

This past week was another rocky one for global markets as worries over Greece temporarily subsided in the middle of the week only to reappear in Friday trading. This resurgence came as a result of several members of Parliament declaring their intentions to vote against the austerity bill, leaving the measure uncertain to pass to say the least. Investors also [...]

{ Comments on this entry are closed }

Futures-based investing has long been a popular option for those looking to gain exposure to commodities that were otherwise difficult to reach. But with the introduction of ETFs came increased granularity in this investing segment, as there are now exchange traded products that offer exposure to a wide variety of commodities through a single ticker. [...]

{ Comments on this entry are closed }

This week saw many investors go bargain hunting in the first two days of the week as fears over a Greek default temporarily subsided. Many had focused in on the Greek Prime Minister and a crucial vote that took place earlier in the week in which the Parliament voted on if it had confidence in [...]

{ Comments on this entry are closed }

Thanks to stock markets managing to finish in the green for the week, at least in the S&P 500 and the DJIA, some are beginning to think that the recent downtrend in markets is finally over. However, any hope of a surge this week could be cut short by a continuation of the Greek debt crisis, especially [...]

{ Comments on this entry are closed }

The latest innovation in the commodity ETP space came from UBS on Thursday, as the company rolled out a pair of products designed to exploit contango in two of the most heavily-traded energy futures markets. The new ETRACS Natural Gas Futures Contango ETN (GASZ) and ETRACS Oil Futures Contango ETN (OILZ) will be linked to [...]

{ Comments on this entry are closed }