OOO betashares crude oil index etf-currency hedged (synthetic)
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OOO - Warning Summary - OOO does not equal WTI, page-7

  1. JamesRS
    599 Posts.
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    22/04/20
    15:26
    Post #: 44191928
    Yes. That is exactly what will happen.

    If you still don't believe me look at the performance of USO vs WTI coming out of the last recession in 2008 (OOO didn't exist then). USO is the US Oil ETF (largest one). It completely underperformed the WTI benchmark it was 'supposed' to track. OOO is a different product, but operates on the same exact principles.
    OOO Price at posting: $19.36 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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