FYI: REX Shares LLC on Wednesday rolled out five exchange-traded notes providing leveraged and inverse exposure to an index composed of the 10 U.S. stocks with the largest free-float market capitalization in the oil/energy sector.
The underlying Solactive MicroSectors U.S. Big Oil Index contains the following companies: Anadarko Petroleum, ConocoPhillips, Chevron, EOG Resources, Marathon Petroleum, Occidental Petroleum, Phillips 66, Pioneer Natural Resources, Valero Energy and ExxonMobil.
Regards,
Ted
https://www.fa-mag.com/news/rex-shares-etns-make-big-bets-on-big-oil-44268.html?print