7 May 2018 Retail investors need to be careful when trading commodity ETFs, but if take a look at the Auspice Canadian Crude Oil Index ETF (CCX). Auspice Canadian Crude Oil Index ETF This is a new ETF from a managed futures specialist with experience creating futures-based ETFs. As it was launched in May 2015, there is little history and no MER or TER available yet. Instrument Name Canadian Crude Oil Index ETF (Instrument Exchange TSX: Instrument Symbol CCX-T) Find here information about the Canadian Crude Oil ETF. You can find more details by going to one of the sections under this page such as historical data, charts, technical analysis and others. Heavy crude is also known as Western Canadian Select (WCS). The Auspice Oil & Gas ETF is the only publicly traded product with direct exposure to WCS oil. Give the current oil glut and lack of pipeline capacity, Canadian crude dove to near all-time lows back in the fall. *Market Capitalization is based on Total Shares Outstanding for all share classes for the company. Convertible bonds and employee stock options that would otherwise be included in the Diluted Shares amount included in a company's filings/financials are not included. There is no Company Profile for Canadian Crude Oil Index ETF at this time.
How investors can play the rebounding oil price with ETFs. With oil prices on a tear as of late, the temptation to dive in with a simple ETF that tracks the benchmark may seem irresistible. Brent crude is up over 10 per cent year to date, hovering at around US$73 after briefly crossing the US$75 threshold.
ETF issuers are ranked based on their aggregate 3-month fund flows of their ETFs with exposure to Crude Oil. 3-month fund flows is a metric that can be used to gauge the perceived popularity amongst investors of different ETF issuers with ETFs that have exposure to Crude Oil. All values are in U.S. dollars. Because these funds try to beat an index by two times or more, they can lose twice or three times the amount of money as well. (See also: New Leveraged Oil ETFs Coming Soon.) Oil prices are currently hovering near 3-year highs, with Brent crude prices at $77.36 and WTI light crude at $67.58. Thus, January oil futures might sell for $50, while February oil futures are priced at $53 per barrel. When the fund rolls over its positions, it will effectively sell oil at $50 a barrel to buy it at $53. A reliance on futures makes this ETF only suitable for short-term speculation on the price of oil, *Market Capitalization is based on Total Shares Outstanding for all share classes for the company. Convertible bonds and employee stock options that would otherwise be included in the Diluted Shares amount included in a company's filings/financials are not included. There is no Company Profile for Canadian Crude Oil Index ETF at this time. TORONTO , March 12, 2020 /CNW/ - Auspice Capital Advisors Ltd. ("Auspice") announced today that it will be terminating Canadian Crude Oil Index ETF (the "ETF") (ticker symbol: CCX) effective at CCX | A complete Canadian Crude Oil Index ETF exchange traded fund overview by MarketWatch. View the latest ETF prices and news for better ETF investing.
Instrument Name Canadian Crude Oil Index ETF (Instrument Exchange TSX: Instrument Symbol CCX-T)
Because these funds try to beat an index by two times or more, they can lose twice or three times the amount of money as well. (See also: New Leveraged Oil ETFs Coming Soon.) Oil prices are currently hovering near 3-year highs, with Brent crude prices at $77.36 and WTI light crude at $67.58. Thus, January oil futures might sell for $50, while February oil futures are priced at $53 per barrel. When the fund rolls over its positions, it will effectively sell oil at $50 a barrel to buy it at $53. A reliance on futures makes this ETF only suitable for short-term speculation on the price of oil, *Market Capitalization is based on Total Shares Outstanding for all share classes for the company. Convertible bonds and employee stock options that would otherwise be included in the Diluted Shares amount included in a company's filings/financials are not included. There is no Company Profile for Canadian Crude Oil Index ETF at this time. TORONTO , March 12, 2020 /CNW/ - Auspice Capital Advisors Ltd. ("Auspice") announced today that it will be terminating Canadian Crude Oil Index ETF (the "ETF") (ticker symbol: CCX) effective at CCX | A complete Canadian Crude Oil Index ETF exchange traded fund overview by MarketWatch. View the latest ETF prices and news for better ETF investing. Find here information about the Canadian Crude Oil ETF. You can find more details by going to one of the sections under this page such as historical data, charts, technical analysis and others.
*Market Capitalization is based on Total Shares Outstanding for all share classes for the company. Convertible bonds and employee stock options that would otherwise be included in the Diluted Shares amount included in a company's filings/financials are not included. There is no Company Profile for Canadian Crude Oil Index ETF at this time.
Auspice Canadian Crude Oil Index ETF This is a new ETF from a managed futures specialist with experience creating futures-based ETFs. As it was launched in May 2015, there is little history and no MER or TER available yet.
ETFs already exist to gain exposure to the West Texas Intermediate (WTI) price of oil, which is traded in New York. But many Canadian producers sell their oil at Western Canadian Select (WCS) prices. WTI prices have risen roughly 40 per cent from their lows on March 17 and traded above $60 (U.S.)
Canadian Crude Oil Index ETF seeks to replicate, to the extent possible, the performance of the Canadian Crude Excess Return Index, net of expenses. The Canadian Crude Excess Return Index is designed to measure the performance of the Canadian crude oil market. Access our live advanced streaming chart for the Canadian Crude Oil ETF free of charge. This unique "area" or candle chart enables you to clearly notice the movements of this the Canadian Crude Oil