The Brent Crude oil price treaded water today, down 0.06%, as markets got ready for either a potential ceasefire in the U.S. and Iran conflict tonight or a huge escalation.
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President Trump’s deadline for a deal tonight is fast approaching. If there is no agreement then he has threatened, quite dramatically, to end Iranian civilization. That could mean attacks on civilian and energy infrastructure.
Let’s look at two oil ETFs investors can put their cash into from our Best Oil, Gas and Consumable Fuels ETF list which would benefit from higher prices or price volatility.
ProShares UltraShort Oil & Gas (DUG)
It offers investors a unique opportunity to capitalize on the inverse performance of the oil and gas sector. It specifically targets the oil, gas, and consumable fuels niche, providing a powerful tool for those looking to hedge against or profit from declines in this volatile industry. By employing a leveraged strategy, DUG seeks to deliver twice the inverse daily performance of the Dow Jones U.S. Oil & Gas Index, making it an ideal choice for sophisticated investors aiming to navigate market downturns or enhance their portfolio’s exposure to energy sector dynamics.
With its focus on shorting the oil and gas market, this ETF not only serves as a potential hedge against rising energy costs but also offers the possibility of significant returns during periods of negative sentiment or declining prices in the oil and gas markets.
It has $17.37 million of Assets under Management and is down 61% over the last 12 months.
iShares U.S. Power Infrastructure ETf (POWR)
It is a dynamic investment vehicle designed to capture the robust potential of the global energy sector. Specifically targeting the Oil, Gas & Consumable Fuels niche, it provides investors with strategic exposure to some of the world’s leading energy producers. As a sector-focused ETF, it aims to reflect the performance of the MSCI ACWI Select Energy Producers Investable Market Index, which includes companies primarily engaged in the extraction and production of energy resources. This ETF is an ideal choice for investors seeking to diversify their portfolio with a focused allocation to the energy sector, capitalizing on the long-term demand for oil, gas, and other consumable fuels.
It has $144.57 million of Assets under Management and is up 24% over the last 12 months.