OOO 2.81% $19.36 betashares crude oil index etf-currency hedged (synthetic)

WARNING: Read me before buying OOO, page-496

  1. 2,000 Posts.
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    I understand that, but if it truly is linked to crude futures (now pegged to CRU20 September contracts) then there still has to be some correlation. OOO has lost 90% of value in 3 months; 3-mth WTI futures have lost 50% (not including the missed gains of the 1mth expiring futures). September contracts are up 5% today, OOO trades down 6%. The objective of the fund is to provide exposure to crude oil futures and I am not seeing any relation at all.

    https://hotcopper.com.au/data/attachments/2115/2115910-bf3c5fced693bc1b529615b23be1bdba.jpg

    https://hotcopper.com.au/data/attachments/2115/2115913-8c27cf1d51069afdb4314c68caacc4ac.jpg



    Last edited by sadj89: 24/04/20
 
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