Even with the jumps seen in other natural-resource-based ETFs, investors may still want to seek exposure to oil-related ETFs as commodities start out strongly in 2012, according to an article on Seeking Alpha.
The Market Vectors Nuclear Energy ETF (NYSEArca: NLR), the Market Vectors Coal ETF (NYSEArca: KOL) and the PowerShares Global Water Portfolio (NYSEArca: PIO) all had impressive rallies on Tuesday, according to the article.
However, when comparing one-day and one-year data, it’s evident that oil remained resilient during 2011. Other energy-focused funds didn’t fare as well.
If the past is any indication of the future, oil still may be the way to go, the article said.
For the full story, visit SeekingAlpha.com.