Best energy etf

The best energy ETFs to consider in 2024, based on the analysis of industry experts and performance metrics, are:

1. iShares Global Energy ETF (IXC):
   • It has a diversified portfolio with a strong tilt toward integrated oil and gas firms.
   • It tracks the S&P Global 1200 Energy 4.5/22.5/45 Capped Index.
   • It has a decent 30-day SEC yield of 3.2%.
   • The expense ratio is 0.44%.
2. Vanguard Energy ETF (VDE):
   • It offers low-cost, high-yield, diversified exposure to companies involved in energy products.
   • It tracks the MSCI U.S. Investable Market Energy 25/50 Index.
   • It has an above-average 30-day SEC yield of 2.7%.
   • The expense ratio is a low 0.1%.
3. Energy Select Sector SPDR Fund (XLE):
   • It focuses on the largest energy stocks in the S&P 500 index.
   • It has a concentrated exposure to Exxon Mobil and Chevron, which account for 40% of its assets.
   • The expense ratio is a low 0.09%.
4. Fidelity MSCI Energy ETF (FENY):
   • It has a broader portfolio with approximately 120 holdings.
   • It tracks the MSCI USA IMI Energy Index.
   • It has a dividend yield of 2.8%.
   • The expense ratio is 0.08%.
5. Invesco S&P 500 Equal Weight Energy ETF (RSPG):
   • It provides more even exposure to energy stocks by weighting them equally.
   • It invests in the S&P 500 Energy index.
   • The expense ratio is 0.40%.

These ETFs offer different levels of diversification and exposure to different segments of the energy sector, depending on an investor's preferences and risk tolerance. It's important to consider factors such as the size and concentration of the portfolio, the types of energy companies represented, and the expense ratio when selecting the best energy ETF for your portfolio.