XOIL Tries To Be Spot-On Spot
March 22, 2011 at 13:20 PM EDT
Global X launched a new equity ETF on Tuesday (3/15/11) that attempts to achieve high correlation to crude oil spot prices. Global X Oil Equities ETF (XOIL) provides exposure to pure-play oil companies with significant oil reserves that are typically not involved in other industries such as natural gas or downstream operations. The underlying Solactive . . . → Read More: XOIL Tries To Be Spot-On Spot