Crude Oil Plus
The U.S. Oil ETF also tracks the performance of light, sweet crude oil (WTI). In addition to holding futures contracts on light sweet crude oil, the USO fund may also invest in non-negotiated contracts with less liquidity than futures contracts and in taxable money market funds like the Goldman Sachs (NYSE:GS) FS Government Select. Leading the group of oil ETFs in terms of total assets, the USO fund has the lowest expense ratio of 0.65%.
Read more: Long Term Oil ETFs (USO, DBO, USL, SPY) | Investopedia http://www.investopedia.com/stock-analysis/2012/long-term-oil-etfs-uso-dbo-usl-spy0614.aspx#ixzz40QGJoiAi
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