Oil vs ERX tripple bull fund

Discussion in 'Stocks' started by lowhangingfruit, Sep 13, 2010.

  1. lowhangingfruit

    lowhangingfruit

    Oil is up 5 % in the last 5 days and ERX is up only 8% and it is a tripple bull fund. What is the reason for this? Yes, I own erx.
     
    #1     Sep 13, 2010
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  2. S2007S

    S2007S

    ERX doesnt trade what oil does, ERX is based off of the Russel 1000 Energy Index.
     
    #2     Sep 13, 2010
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  3. lowhangingfruit

    lowhangingfruit

    Oh.

    Thanks
     
    #3     Sep 13, 2010
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