|Bid||80.07 x 1300|
|Ask||80.07 x 1200|
|Day's Range||79.77 - 80.70|
|52 Week Range||72.99 - 93.17|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-2.04%|
|Beta (5Y Monthly)||1.42|
|Expense Ratio (net)||0.10%|
As China promises to increase purchases of oil and gas from the United States under the phase-one trade deal, we highlight some ETFs that can gain.
Energy ETFs are expected to see rough trading as the two oil majors Exxon Mobil and Chevron, which dominate the ETF returns, saw negative earnings estimate revisions before the earnings.
The future course of oil prices and energy ETFs rest on the fate of U.S.-China trade tensions and extension of the output cut deal after June.
Energy sector ETFs lagged the pack and were among the worst performing segments of the market, but the under performing sector may now be a bargain pick. The Energy Select Sector SPDR (XLE) declined 4.3% over the past month and represented the worst performing S&P 500 sector. After the pullback, Wells Fargo senior global equity strategist Scott Wren argued that things may not appear as grim as they use to be for the energy sector.
Energy ETFs retreated Friday after Exxon Mobil (NYSE: XOM) reported first-quarter profits plunged almost 50% year-over-year and President Donald Trump said he called on the Organization of Petroleum Exporting ...
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, is lower by 2.51% over the past week and while some traders are preparing for more downside in the resurgent ...
Want to invest in oil without the risk of investing directly in oil? Learn how you can benefit from investing in ETFs like the Vanguard Energy ETF.