U.S. Oil Fund outperforms while ETFs remain ensnared in Russia-Ukraine war fallout
March 24, 2022 at 14:15 PM EDT
Against the backdrop of Russia’s ongoing attack on Ukraine and the beginning of the Federal Reserve’s interest rate hike cycle, the top performer over the past week is the U.S. Oil Fund LP, according to FactSet data. Meanwhile, trading of Russia-focused ETFs remained halted even though the Russian stock market partially reopened Thursday.
