Sponsored by:

The Only 5 ETFs You’ll Ever Need

Beginning investors can start with these 5 basic ETFs

    View All  
The Only 5 ETFs You’ll Ever Need

ETFs to Buy: Energy SPDR (XLE)

StateStreetSPDR185 The Only 5 ETFs You’ll Ever NeedFinally, I like the other thing that makes the world go around, and that’s energy. The world will need oil well past our lifetimes, and while alternative energy is growing in use, significant adoption on a huge scale just isn’t realistic right now. There is no sign of oil prices cratering, and gasoline prices remain at historic highs.

The Energy SPDR (XLE) is all about oil and natural gas, with its top 10 holdings — representing a pretty hefty 58% of assets — are 10 of the greatest energy companies in the world.We’re talking names like Exxon Mobil and Chevron (CVX), which as a pair represent almost 30% of the fund’s total weight.

XLE yields 1.8% in dividends and matches the Financial SPDR in expenses at 0.16%.

As of this writing, Lawrence Meyers was long BRK.B. He is president of PDL Broker, Inc., which brokers financing, strategic investments and distressed asset purchases between private equity firms and businesses. He also has written two books and blogs about public policy, journalistic integrity, popular culture, and world affairs. Contact him at pdlcapital66@gmail.com and follow his tweets @ichabodscranium.

Article printed from InvestorPlace Media, http://investorplace.com/2014/02/5-etfs-youll-ever-need/.

©2015 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.