Correlation with oil price futures??????, page-76

This from The Bull.com.au Red Leaf Securities - I wonder if the broker has read the fine print.

BetaShares Crude Oil Index ETF-Currency Hedged (OOO)

Chart: Share price over the year

This exchange traded fund provides an opportunity to invest in crude oil without taking on company specific risk. We see minimal currency risk with this ETF, as it’s hedged against the US dollar. We believe the West Texas Intermediate crude oil price recently bottomed, so this ETF is a good option, but only for those with an appetite for risk. The price of this ETF has plunged, particularly after the Coronavirus spread across the globe.