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Popular ETF not what you think; Own this instead

One reason consumers didn't spend their supposed windfall from collapsing oil prices is that gasoline prices didn't collapse as much as crude.

That means consumers didn't have as much extra cash as retailers had hoped, but it helped refiners since margins—the difference between crude and gas prices—were increasing so rapidly.

But now it's time to bail on one energy ETF that has substantial exposure to refiners that holders probably don't know about.