The investment seeks to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the average of the prices of specified short-term futures contracts on light, sweet crude oil called the “Benchmark Oil Futures Contracts"... Show more
Category CommoditiesBroadBasket
A.I.dvisor indicates that over the last year, USL has been closely correlated with USOI. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if USL jumps, then USOI could also see price increases.
| Ticker / NAME | Correlation To USL | 1D Price Change % | ||
|---|---|---|---|---|
| USL | 100% | -6.41% | ||
| USOI - USL | 94% Closely correlated | -4.11% | ||
| BCIM - USL | 28% Poorly correlated | -3.03% | ||
| GLDM - USL | 27% Poorly correlated | -0.53% | ||
| PHYS - USL | 26% Poorly correlated | -0.58% | ||
| SGOL - USL | 20% Poorly correlated | -0.57% | ||
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