Millennials Are Using One of the Riskiest ETFs to Speculate on Oil

Maybe this is why millennials hate the stock market.
Photographer: Martin Divisek/Bloomberg
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Perhaps millennials should just stick to investing in index funds—or at least the exchange-traded funds that their robo-advisers put them in.

According to research from online brokerage TD Ameritrade Holding Corporation, one particularly risky ETF is attracting the millennial demographic far more than other age groups. In fact, it was one of the top 10 stocks traded by millennials in 2015.