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Crude oil is reaching $120 and discussions about what is target price are becoming topic number one. In this post let me provide you comparison of the most liquid ETF underlying crude oil futures or companies from oil industry.

As you can see on year-to-year basis the leader is Claymore MACROshares Oil Up Tradeable Shares (UCR). This is a bit complicated structure for price valuation. But basically it consists of shares of the MacroShares Oil Up Holding Trust. And income reflects trading and settlement with futures contracts.

The laggard is Proshares UltraShort Oil & Gas (DUG). But this ETF is underlying (going short) companies like Exxon Mobil (XOM), Chevron (CVX), Conoco Philips (COP) and others. This price drop is more likely triggered by good performance of oil companies rather than rising crude oil prices.

How to invest in crude oil (with ETF).

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