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A List of Major Oil ETFs and ETNs

By Mark Kennedy, About.com

If you are looking to add an oil ETF to your portfolio or even hedge some of your oil risk, consider these major oil ETFs and ETNs. I suggest watch each of these industry and commodity ETFs to see how they perform before making any trades.

For more information on each ETF, click on the listing for a description of the fund or note to help you decide if any of these assets should be a part of your investing strategy.

  • USO - United States Oil Fund ETF
  • USL - United States 12 Month Oil Fund ETF
  • DNO - United States Short Oil Fund ETF
  • UHN - United States Heating Oil Fund ETF
  • DBO - PowerShares DB Oil Fund
  • UCO - ProShares Ultra DJ-AIG Crude Oil ETF
  • SCO - ProShares UltraShort DJ-AIG Crude Oil ETF
  • OIH - Oil Services HOLDRs ETF
  • DDG - The Short Oil and Gas ProShares ETF
  • OIL - Goldman Sachs Crude Oil Total Return ETN
  • DXO - PowerShares DB Crude Oil Double Long ETN
  • DTO - PowerShares DB Crude Oil Double Short ETN
  • OLO - PowerShares DB Crude Oil Long ETN
  • SZO - PowerShares DB Crude Oil Short ETN
  • HUC - Horizons BetaPro Winter-Term NYMEX Crude Oil ETF
  • Closed Oil ETFs and ETNs

  • DOY - MacroShares Oil Down ETF
  • UOY - MacroShares Oil Up ETF
  • ETFs and ETNs have lots of benefits, especially in regards to capital gains taxes, so it might be time you got started with exchange traded funds.

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