What Are Gasoline ETFs?
For investors seeking exposure to RBOB gasoline, there is an ETF that focuses exclusively on this blend of oil. The United States Gasoline Fund (UGA) invests in near month RBOB futures, rolling exposure as expiration approaches. Investors should be advised that UGA does not seek to replicate movements in the spot price of gasoline, but rather deliver returns available through a futures-based strategy.
RBOB gasoline is included in a number of broad-based energy ETFs, such as the PowerShares DB Energy (DBE) and iPath Dow Jones-UBS Energy ETN (JJE).
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