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home / news releases / XOP - A Comparative Analysis Of Leveraged Oil ETFs

XOP - A Comparative Analysis Of Leveraged Oil ETFs

SPDR S&P Oil & Gas Explor & Product
  • Energy-focused asset classes resoundingly underperformed the broader market in 2020, registering -30% in total returns.
  • Initially, a falling out between Saudi Arabia and Russia culminated in a prolonged and damaging price war.
  • Shortly after the SARS-Cov2 pandemic paralysed global economies, shutting down transport and industry.
  • Yet, oil is starting to see a rebound.
  • For traders looking for short-term trading tools, Direxion Daily Energy Bull 3x Shares fits the bill.

For further details see:

A Comparative Analysis Of Leveraged Oil ETFs
Stock Information
Company Name: SPDR S&P Oil & Gas Explor & Product
Stock Symbol: XOP
Market: NYSE
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