|Expense Ratio (net)||0.80%|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Average|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Jul 3, 1995|
The energy sector experienced intense price volatility in the first quarter of 2018.However, oil prices managed to stay above $60 a barrel for most of Q1. Apart from rise in oil prices, there were no other visible catalysts that could keep the energy sector afloat. This resulted is sharp losses for mutual funds from the space.
Energy shares have lately fallen out of favor. In fact, the broader energy sector declined in the first quarter of 2018 with the Energy Select Sector SPDR (XLE) down 9.5% over the last three months. However, oil prices stayed above $60 a barrel for most of Q1. Fresh concerns about possible supply bottlenecks pushed up oil prices and actually pared some of the losses for the energy sector in the first quarter.Source: Riccardo Annandale Via Unsplash