Oil Woes Affect Another Energy ETF…Just not the one You’re Thinking Of

The United States Oil Fund (NYSEArca: USO) and the Energy Select Sector SPDR (NYSEArca: XLE) make for predictable victims during a bear market for oil. That has indeed been the case as USO is off 17.8% over the past month while XLE, the largest equity-based energy ETF, is lower by 8.4% over the...