-
Exercising Caution With Energy ETFs
Tuesday, October 3, 2017 - 9:55am | 577The Energy Select Sector SPDR (NYSE: XLE), the largest exchange-traded fund tracking the energy sector, jumped more than 9 percent in September. That was easily the best monthly performance for the benchmark energy ETF this year and one that is sparking renewed enthusiasm for the energy sector,...
-
An Energy ETF That's Actually Surging
Monday, August 28, 2017 - 8:30am | 566If investors have heard one thing about the energy sector this year, it is about how poorly the group is performing. Simply put, energy is the worst-performing sector in the S&P 500 in 2017. The Energy Select Sector SPDR (NYSE: XLE), the largest energy exchange traded fund by assets, is down 16...
-
Earnings May Not Be The Tonic Energy ETFs Need
Thursday, July 27, 2017 - 8:59am | 579Dow components Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX), the two largest U.S. oil companies, deliver second-quarter earnings results Friday. Earnings updates from the two titans of the U.S. oil industry are often thought to be important for energy exchange-traded...
-
One Energy That's Going Up
Thursday, June 1, 2017 - 8:05am | 516Energy is the worst-performing sector in the S&P 500 this year, but within the struggling group, there are some pleasant surprises. Among energy exchange traded funds, perhaps the most pleasant surprise is the VanEck Vectors Oil Refiners ETF (NYSE: CRAK). While CRAK's year-to-date gain of 7...
-
Shorts Avoid Energy ETFs As Sector Slumps
Thursday, May 25, 2017 - 8:25am | 521Investors have heard plenty of this this year: The energy sector is the worst-performing group in the S&P 500. Exchange-traded funds, such as the Energy Select Sector SPDR (NYSE: XLE) are highlighting that weakness. XLE, the largest equity-based energy ETF by assets, is down almost 10.1 percent...
-
No Momentum For An Energy Momentum ETF
Friday, May 19, 2017 - 10:40am | 522Investors have heard quite a bit of this lately: The energy sector is the worst-performing group in the S&P 500. However, the struggles of the S&P 500's seventh-largest sector weight are not uniform — certainly not among the exchange-traded funds tracking group. While ETFs that...
-
No Energy Enthusiasm For This ETF
Tuesday, April 4, 2017 - 9:32am | 558The energy sector's struggles this year are widely documented, and that includes those of the Energy Select Sector SPDR (NYSE: XLE). XLE, the largest equity-based energy exchange-traded fund by assets, is down 6.8 percent, a showing that is particularly alarming when considering the S&P 500...
-
Airline ETF: A Cash Flow Destination
Thursday, January 5, 2017 - 10:12am | 457The US Global Jets ETF (NYSE: JETS) deserves some credit. Last year, oil, the largest input cost for airlines, was one of the best-performing commodities, but the lone dedicated airline exchange-traded fund is up more than 16 percent over the past year. Airlines Fly Into Focus Airline stocks,...
-
An Oil ETF Looking For More Of The Same In 2017
Thursday, December 29, 2016 - 9:38am | 522The energy sector has risen from the ashes in 2016. After being one of the worst-performing groups in each of the past two years, energy, the S&P 500's seventh-largest sector weight, is one of the best-performing segments in the S&P 500 this year. Just look at the iShares Dow Jones US...
-
Unearth This Materials ETF
Tuesday, December 27, 2016 - 4:39pm | 518In what has been a banner year for the materials sector, plenty of the corresponding exchange-traded funds are delivering memorable performances. Somewhere between the solid showings offered by traditional materials ETFs and the spectacular returns offered by niche funds lies the SPDR Index Shares...
-
Energy ETFs Might Just Have More In The Tank
Wednesday, October 12, 2016 - 8:23am | 582The energy sector is the best-performing segment in the S&P 500 this year. Additionally, Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX), the two largest U.S. oil companies, are two of the just 14 members of the Dow Jones Industrial Average that are up at least 10...
-
Enthusiasm For Energy ETFs
Wednesday, August 31, 2016 - 8:25am | 539Despite all the scuttlebutt that the Federal Reserve is finally nearing its first interest rate hike of 2016, the U.S. Dollar Index has not done much this month, trading slightly lower. On the other hand, oil prices are rallying, which usually does not happen when traders expect the dollar to rise...
-
A Dim Long-Term Outlook For Utilities ETFs
Wednesday, July 13, 2016 - 1:39pm | 493At a time when Treasury yields are near historic lows and the Utilities SPDR (ETF) (NYSE: XLU) sports a dividend yield of 3.1 percent with a year-to-date return of nearly 20 percent, it is easy to understand investors' enthusiasm for the utilities sector. By virtue of its bond-like...
-
Solar ETF Searches For Sunny Days
Thursday, June 23, 2016 - 1:11pm | 614Underscoring just how tough this year has been on solar stocks, the Guggenheim Solar ETF (NYSE: TAN) fell nearly 1 percent Wednesday, the same day investors absorbed news of Tesla Motors Inc (NASDAQ: TSLA) bidding $2.8 billion for SolarCity Corp (NASDAQ: SCTY), one of TAN's largest holdings. Is...
-
What Sector ETFs Are Saying
Wednesday, June 15, 2016 - 9:10am | 511A simplistic view would be to say the Utilities SPDR ETF (NYSE: XLU) and the Energy Select Sector SPDR (ETF) (NYSE: XLE) are impressing this year. So is the Materials Select Sector SDPR (NYSE: XLB). Beyond that, there is not a lot to brag about among the major sector exchange-traded funds. The...