Be careful with OOO. it provides exposure to oil futures. You also have to contend with currency fluctuations - that's two variables, neither of which is the spot price of oil, you have to contend with - if that's what you thought OOO tracked.
DYOR!!!
From the Betashares website:
"The price of oil futures contracts is not the same as the “spot price” of oil. As such, OOO does not aim to, and should not be expected to, provide the same return as the performance of this spot price. The performance of an ETF that is linked to oil futures may be materially different to the performance of the spot price of oil itself. This is because the process of “rolling” from one futures contract to the next to maintain investment exposure can result in either a cost or benefit to the Fund, affecting returns."
