Is there a bear market ETF reversely tracking the performance of crude oil futures?

Discussion in 'ETFs' started by clearpicks, Aug 7, 2008.

  1. Is there a bear market ETF inversely tracking the performance of crude oil futures just like QID tracking $NDX? Thanks in advance.
     
  2. dto
     
  3. pjay72

    pjay72

    DUG and also puts on USO
     
  4. Careful with DUG, it isn't short crude oil per se. It is short the Dow Jones U.S. Oil & Gas index, which is comprised of stocks in the oil and gas industry. It often doesn't have an inverse relationship to oil. If your goal is to be short oil, dto is better.