I was looking into OIH and am wondering why one would bother with them considering they require a 100 minimum lot size and anyone can easily just buy all the underlyings? The tcosts would probably be lower depending on one's brokerage fee. Thoughts?
OIH has no management fees, and as far as I can tell the expenses are $8/yr/100 shares. If you can buy a basket of stocks for less than that, go for it.