|Bid||109.33 x 1200|
|Ask||109.37 x 1000|
|Day's Range||108.74 - 110.05|
|52 Week Range||75.42 - 121.63|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-6.56%|
|Beta (5Y Monthly)||0.82|
|Expense Ratio (net)||0.12%|
ETF.com Managing Editor Cinthia Murphy joins Yahoo Finance's Kristin Myers to break the outlook on low-volatility ETFs amid the coronavirus pandemic.
Energy stocks have been belted since the start of 2020 amid the rising threat of the COVID-19 coronavirus outbreak. Now, a potential price war threatens to turn the sector into one of the biggest liabilities in investor portfolios.Oil prices, which have been under pressure all year, officially fell into bear-market territory by February as coronavirus fears hampered expectations for demand. The Energy Select Sector SPDR ETF (XLE), a fund made up of the S&P; 500's energy stocks, had declined by 29% as of March 6.Now, energy prices and the sector's stocks face even more disruption. Saudi Arabia announced on March 8 that it would cut prices on oil deliveries by nearly 10%. The retaliatory move is aimed at Russia for not agreeing to a production cut to stabilize oil prices, but it's sure to be felt across the rest of the energy-producing world. Some analysts fear the move is the start of a new price war in oil."The prognosis for the oil market is even more dire than in November 2014, when such a price war last started, as it comes to a head with the significant collapse in oil demand due to the coronavirus," Goldman Sachs oil strategist Damien Courvalin wrote March 8. His firm is cutting its second- and third-quarter price forecasts for Brent crude oil (a world benchmark) to $30 per barrel, "with possible dips in prices to operational stress levels and well-head cash costs near $20." Brent traded around $45 per barrel just days before.The energy sector doesn't make up a huge percentage of most broad-market funds, but some funds are more insulated than others. Here, we look at seven great ETFs that will minimize your exposure to the chaos that's wrenching energy stocks. SEE ALSO: The 20 Best ETFs to Buy for a Prosperous 2020
After a recent series of new highs, Wall Street retreated on a doubt over trade deal that has undermined bullish sentiments. As such, investors could consider low volatility ETFs.
The trade war is calming down with both the sides adopting a peacemaking tone. We highlight low-volatility ETFs that have gained more than 25% this year to ride out trade-related uncertainty.
These low-volatility and buy-write ETFs have been hovering around 52-week highs. Investors can hedge with these products as bearish sentiments are rife in the market.