Instead of Oil ETFs, Look to Broad-Basket Commodity PDBC
November 07, 2023 at 12:39 PM EST
Benchmark U.S. crude futures fell nearly 3% on Tuesday, with oil prices poised for their lowest close since August. As crude futures reach lows, investors may be tempted to overweight oil ETFs while prices are low, to position for a rebound. In fact, over the past one-week period, oil and gasoline ETFs have seen the [...] The post Instead of Oil ETFs, Look to Broad-Basket Commodity PDBC appeared first on ETF Trends .