Two others have exposure to oil futures: iPath Goldman Sachs (nyse: GS - news - people ) Crude Oil Total Return Index ExchangeTradedNote and PowerShares Deutsche Bank (nyse: DB - news - people ) Oil Fund.
In terms of performance in the last year, iPath Dow Jones-UBS Agriculture Total Return exchange-traded note ( JJA) has been the clear winner, gaining a full 59.10%.
Lorence notes that wash sale treatment depends on whether the ETF holds a basket of securities or if the ETF or exchange-traded note (ETN) is a security such as an option or debt instrument.