Q:

What are the names of the best crude oil ETFs for 2015?

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Quick Answer

The best crude oil ETFs for 2015 are United States Oil Fund, PowerShares DB Oil Fund, ProShares Ultra DJ-UBS Crude Oil and Market Vectors Global Unconventional Oil and Gas ETF, according to ETF Daily News. All of these ETFs are listed as USO, DBO, UCO and FRAK on the New York Stock Exchange, or NYSE Arca.

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Full Answer

Though the ETFs are being traded for reduced prices for now, but they are bound to pick later in 2015, according to ETF Daily News. DBO is the most popular among all the four ETFs with a $2.8 million daily trading volume. FRAK, which is the smallest ETF, has a $66,000 daily trading volume. FRAK includes coal seam gas, shale oil, tight oil and tight natural gas.

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