Discussion in 'ETFs' started by ssptrading, Mar 3, 2006.
Dow = DIA
S and P = SPY
Naz = QQQQ
Oil = ?
Gold = ?
Russell = ?
oil & gas-XLE
oil & gas service=OIH
Thanks Murray mucho appreciated
Anyone have one for GOLD ????
Gold is : GLD
Russ 2k: IWM
There is also IAU for gold but GLD is more liquid.
just in case- DBC- broad commodities tracking index, waiting for SLV- silver ETF
My question is why doesn't it track oil exactly? Sometimes oil is up .30 cents and this USO is down .30 cents.
acually Oil is USO, OIH and XLE are ETFs of companies in the oil sector
if this SEC doc. is correct ... then would approx 528 USO = 1 QM ?
( QM = 1/2 size crude oil contract on nymex )
-As of May 18, 2006, USOF had 3,500,000 outstanding units. At that time, USOF owned 3,316 light, sweet crude oil futures contracts, which had a market value as of the close of trading that day of $232,584,240. USOF maintained cash deposits at USOF's custodian bank and margin with USOF's futures commission merchant in an aggregate amount of $232,796,908-
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