Premium Access    ETF Search:   

United States 3x Oil (USOU) - ETF





©ETFScreen.com
Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price23.23
Volume175k
Avg Vol109k
RSf0.5
$Vol(21d)3m
52 wk High92.51
52 wk Low14.51
Yield(ttm)0.00%
Inception:Jul 2017
(as of 2019-07-18)
Total Returns:
1 day-5.3%
5 day-22.3%
1 month4.4%
3 month-40.6%
6 month-2.3%
9 month-68.7%
1 year-62.5%
 
Compare Funds:
Correlated Group: Energy (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
VelocityShares 3x Long Crude Oil ETNUWT1.00  
ProShares UltraPro 3x Crude Oil ETFOILU1.00  
ProShares Ultra DJ-AIG Crude OilUCO1.00  
US Oil Fund ETFUSO1.00  
iPath S&P GSCI Crude Oil ETNOIL1.00  
Invesco DB Oil FundDBO0.97  
Invesco DB Energy FundDBE0.96  
iShares S&P GSCI Commodity-Indexed TrGSG0.96  
United States Brent Oil Fund LPBNO0.96  
Invesco Optm Yld Divsfd Comdty ETFPDBC0.90  
Least Correlated
iShares Global REIT ETFREET0.01  
Schwab U.S. TIPS ETFSCHP0.01  
iShares Short Maturity Bond ETFNEAR0.01  
iShares Floating Rate Note ETFFLOT0.01  
SPDR Barclays Capital TIPS ETFIPE-0.00  
Fidelity Corporate Bond ETFFCOR-0.01  
Teucrium Corn Fund ETFCORN-0.01  
iShares MSCI New Zealand Investable Mkt FundENZL-0.01  
Invesco BulletShares 2020 Corp Bond ETFBSCK-0.01  
SPDR Nuveen S&P High Yield Muni Bond ETFHYMB-0.02  
Most Inversely Correlated
Proshares UltraShort S&P500SDS-0.44  
ProShares UltraPro Short S&P 500SPXU-0.44  
ProShares Short Dow 30DOG-0.44  
Direxion Technology Bear 3X SharesTECS-0.44  
Direxion Energy Bear 3X SharesERY-0.67  
Proshares UltraShort Oil & GasDUG-0.67  
Direxion Dly S&P Oil & Gas E&P Bear 3X ETFDRIP-0.68  
ProShares UltraShort DJ-AIG Crude OilSCO-1.00  
VelocityShares 3x Inverse Crude Oil ETNDWT-1.00  
ProShares UltraPro 3x Shrt Crude Oil ETFOILD-1.00  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2019-07-12.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








Important Disclaimer: The information provided by ETFScreen.com is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of ETFScreen.com assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use ...

If you have a comment please contact us. Advertise with us Market Data by: IEX Cloud