4 Funds to Play the Energy Market

Energy has been weak lately, but it's a good long-term investment

      View All  
4 Funds to Play the Energy Market

Energy SPDR

StateStreetSPDR185 4 Funds to Play the Energy MarketAnother cheap, high-returning and straightforward fund is of the exchange-traded type: the Energy SPDR (NYSE:XLE).

This fund simply holds 43 oil and gas companies that are a part of the S&P 500. The top five holdings include Exxon Mobil, Chevron, Schlumberger (NYSE:SLB), Occidental Petroleum (NYSE:OXY) and ConocoPhillips (NYSE:COP).

Of course, you’ll want to closely follow each of those five stocks and how they perform, as they alone account for nearly half of the overall portfolio’s weight!

Like VGENX, XLE has earned a four-star Morningstar rating, and like VGENX, it has returned an average 15% over the past 10 years, including a current yield of roughly 1.7%. That performance also has gone mostly unchecked by expenses, which are a rock-bottom 0.18%.


Article printed from InvestorPlace Media, http://investorplace.com/2013/03/4-funds-to-play-the-energy-market/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.