juniors vs seniors

Discussion in 'ETFs' started by econometrics, Dec 6, 2011.

  1. any ETFs similar to GDXJ, GDX? Oil seniors vs oil juniors???
  2. USO is the standard oil ETF. UCO is one of the 2x ETFS.

    I dont know exactly what a "junior" etf is.

    Hope it helps
  3. zdreg


    "junior" as junior gold mining companies
  4. Sure there are - just spend 10 minutes on Google typing in things like "silver junior ETF" or "silver explorer ETF"

    I think there is one more classification but there generally are Seniors, Juniors & Explorers.

    For example:
    (gold) GLD/GDX >> GDXJ >> GLDX


    ^^^ From this link:

    iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (NYSEArca: IEO)
    iShares Dow Jones U.S. Oil Equipment & Services Index Fund (NYAR: IEZ)
    PowerShares Dynamic Oil Services (NYSEArca: PXJ)
    SPDR S&P Oil & Gas Exploration & Production (NYSEArca: XOP)
    SPDR S&P Oil & Gas Equipment & Services (NYSEArca: XES)

    put into google: "oil junior ETF"


    Spend a few minutes learning how to use Google - it can be your friend.
  5. reddy09


    I trade the GDX pretty actively.....great ETF to play.