Which oil and emerging market etf to use for best 2 year results?
After a broad market pull back i plan to enter two long positions, one on oil, and the other on an emerging market. I will be purchasing slightly otm call options expiring jan 11. Which etf should I use and why? I have been debating over, USO and DBO for oil. And for my emerging market position I was thinking about FXI, EWZ or EEM. Your thoughts?
Answers
142 points
RobertW answered 5 months ago …
Go to StockCharts.com. Enter each sector into a performance chart. Buy the ETF with the best performance record over the time period you prefer for the past time period. Good luck.
Read more from RobertW2082 points
alanj answered 5 months ago …
Stockcharts is a good site. Here's another site that has an ETF screener for different time periods. http://www.etftrends.com/etf-tools/etf-analyzer/?sort=PCCH13W&dir=DESC &pg=0&flt= I would use the 3 month time period because that is when the market bottomed out and started it's current bull trend (which is showing signs of turning and heading back down). My thinking is that the
ETF's that did well in this bull run should also do ok in the next bull run. You will see that the best performing ETF for the last 3 months was in fact an emerging market fund. It's margined with an objective of 3 times the underlying index. The symbol is EDC and is up 82.94% for the 3 month time period. You may or may not want to use options seeing that it is already heavily margined. Volume is about 500,000. The best ETF on your list is FXI at 36.95% on page 2 at the link I supplied above. Which makes EDC kind of hard not to look at. You can look up your other two emerging market funds, but they are less than FXI.
The best performing oil fund is UCO at 26.49%. It's at the bottom of page 4. DBO is up 18.80% on page 8. USO is up 18.21% on page 9.
